After surging for years, quant hedge funds – where trading is done by machines, not humans – now dominate stock trading.
Why do they risk so much for little?
Gasoline theft is the second most profitable activity for Mexico’s crime gangs.
It’s always associated with a recession: last time, the Financial Crisis.
Just as the deflating Farmland bubble leaves its marks.
The #Carmageddon data is just relentless.
The only other option: “Orderly restructuring.”
With a history of tripping the markets, Cisco expects sharp drop in revenues
What the slow crash of classic cars says about the future of other asset classes.
With a tinge of bitter irony and perhaps desperation.
When locals can’t afford to live there anymore.
“According to people briefed on the plan.”
Just one more reason for China to develop its own mousetrap.
Up 10,000% in 16 months? These charts truly depict our crazy times.
In the land of NIRP refugees and “Reverse Yankees,” who will get crushed?
Oh, and the unintended consequences of trying to regulate a monster.
Spain’s 6th largest bank: “We have liquidity until the end of the year.”
“Rising household debt load” to “suppress consumption, including eating out.”
Inflation pressures further up the pipeline rise the most in 5 years.
Automakers and the used car market catch shrapnel. Uber did it.
Because Italy’s banking crisis and other problems have not been solved.
With zero resales, “actual market value of the units in the project is uncertain.”
“The new 1%” gained $260 billion since March 1, the 99% lost $260 billion.
Even the biggest.
Lowest Level in Fed’s Data. The wallet does something embarrassing.
#Carmageddon and Uber did it. For Carl Icahn, it just doesn’t let up.
Everything is fizzling.
Uber burns a lot more cash, but Hertz gets keelhauled.
Taxpayer-funded subsidies to benefit banks, real estate agencies, construction companies, PE firms, and landlords.
This image sums up their idiocy right now: lemmings going over a cliff.