“The number of half-empty office buildings in Alberta is projected to spike.”
The “Peña Nieto Bottom”
Can this Happen Here?
Even the banks are fretting about record high household debt.
Now spilling from junk-rated energy companies to other sectors.
Reality Unhinged: FT, Merkel Tout Spain as Shining Example of Economic Management
The cost of capital…
Markets come unglued, and suddenly there are consequences.
Stock Manipulation Hits Sour Note.
The 18-month plunge from hell.
The economic consequences are already being felt.
“A sense of foreboding.”
Businesses get “crunched” in the Oil Patch, consumers lose it, indexes hit Financial Crisis levels.
Emerging markets crisis begins to exact its pound of flesh.
More evidence piles up: the economy seems to be shrinking.
But in come the cronies to tell us not to worry about it.
“Periods like this are pretty much your worst nightmares.”
But is the bounce to be trusted?
It’s a good deal for everyone. Until it isn’t.
Price war to the bitter end?
Oil spills into the broader economy.
Blood on the Bourse.
Rosy scenario gets tangled up in reality.
A housing market set for the mother of all corrections.
Beyond the obvious victims…
“Capitulation,” that’s what I heard a lot today.
It’s easy to deny a bubble but impossible to deny its implosion.
Chesapeake’s bonds are plunging.
In face of intensifying local opposition?
This isn’t supposed to happen.