That trade was just waiting to unwind.
A collective reckoning? A painful but unavoidable come-to-Jesus moment? Or continuing down an inflationary spiral?
And American Apparel shuts down.
A small biotech company tries to move to the next level: jump through the final hoops with the FDA and bring its product to market. This is its story.
Other US companies are equally vulnerable.
Even in “rich countries,” more and more people “are no longer willing to tolerate the status quo.”
It’s not all NAFTA’s fault, however.
Given the difficulty of accurately gauging nuclear capital expense, how can we infer if these enterprises can ever be profitable?
“Poisoned offers” to settle, backed by the government.
Pundits sent back to the drawing board.
The first Executive Order Trump should abolish.
Just days ago, CEO Marchionne tried to soften up Trump.
“Capital flight” takes on a bitterly ironic meaning.
The circuitous hidden wonders of paying interest on “excess reserves.”
The bank-bailout business rages on.
That Great Global Economy.
Circular firing squad? But bank stocks have soared for three months.
Lithium has surged due to the push into battery technologies, but cobalt is arguably even more important in this space.
Coming soon to a store near you.
Carrot and Stick. Now a friendly chat among billionaires who presumably see eye-to-eye.
“Ponzi finance schemes are struck firmly in reverse gear.”
The Risk of Contagion of a full-blown Mexican crisis is far greater today than it was during the Tequila Crisis 22 years ago.
It blames the Fed & Bernanke; the dark side of “healing” the housing market.
It’s all about cheap labor.
This does not bode well for price trends over the next 12 months.
GM’s huge post-bailout investments in China bear fruit.
The hype has been deafening, as US “car recession” spreads among largest automakers.
Worse than the 1994 “Bond Massacre,” with “sustained double-digit losses on bonds, subpar growth in developed markets, and balance sheet risks for banking systems….”
But who benefits from the War on Cash?
Whacked by slow demand, Ford cancels plant in Mexico, shifts car production to existing plant in Mexico.