Special Pump-and-Dump Scheme Spikes to High Heaven by Wolf Richter • Sep 21, 2017 • 1 Comment But the Swiss National Bank is just an innocent bystander.
It Gets Ugly in Catalonia by Don Quijones • Sep 21, 2017 • 11 Comments Spain’s “ships of repression” are coming to help out.
Apple Does Right by Users, and Advertisers Are Not Amused by Electronic Frontier Foundation • Sep 21, 2017 • 30 Comments It’s not “destroying the Internet’s economic model.”
This Fed is on a Mission by Wolf Richter • Sep 20, 2017 • 158 Comments QE Unwind starts Oct. 1. Next rate hike in Dec. Low inflation, no problem.
Answers Emerge from Harvey-Hit Houston by Wolf Richter • Sep 20, 2017 • 24 Comments Even before Hurricane Harvey, Houston’s economy was struggling.
Beware – the Equifax Scams Are Coming by Wolf Richter • Sep 19, 2017 • 36 Comments Here are some of the scams – and how to protect yourself.
Who Gets Hit by Mortgage Losses in Harvey and Irma Areas? by Wolf Richter • Sep 19, 2017 • 59 Comments “We need to ask for a policy change; the burden with these losses is too big.”
Toys ‘R’ Us Melts Down, Files for Bankruptcy, Bonds Collapse by Wolf Richter • Sep 18, 2017 • 71 Comments Another retailer owned by private equity firms goes bust.
Defense Contractors on Cloud 9 by Wolf Richter • Sep 18, 2017 • 98 Comments The backdrop: Money. More than ever before.
Lawsuits Against Equifax Pile Up. But Where Are the Handcuffs? by Wolf Richter • Sep 17, 2017 • 57 Comments Short seller Carson Block victimized by Equifax hack, sues for $500,000.
Holy Moly, Now Wells Fargo Recommends a Credit Freeze in Equifax Hack by Wolf Richter • Sep 17, 2017 • 71 Comments Third largest US bank reaches out to its customers. A mass Credit Freeze would have a huge impact.
Catalonia’s Defiance of Spanish Authority Turns into Rebellion by Don Quijones • Sep 16, 2017 • 48 Comments “Do not underestimate the power of Spanish democracy.”
Equifax Sacks 2 Executives, Turns Devious to Stop You from Demanding a Credit Freeze by Wolf Richter • Sep 15, 2017 • 168 Comments They’re terrified a mass credit freeze (aka security freeze) will crush revenues.
What Headlines Got Wrong about Today’s Data Dump by Wolf Richter • Sep 15, 2017 • 48 Comments It actually wasn’t that lousy.
The 30 Metros in the US with the Highest and Lowest Incomes by Wolf Richter • Sep 14, 2017 • 56 Comments Breath-taking differences in a vast country.
The Chilling Fact “Record Median Household Income” is Hiding by Wolf Richter • Sep 14, 2017 • 68 Comments Which Households Got the Spoils? Not Many. Or Why Consumer Spending Has Been Dragging for Years.
The Crushing of Equifax by Wolf Richter • Sep 13, 2017 • 115 Comments Banks, credit card companies, and other Equifax customers squeal. Consumers (the product) squeal. Congress squeals. Investors squeal.
“You Should Take the Fed at Their Word” by Wolf Richter • Sep 13, 2017 • 73 Comments Flip-flopping killed its credibility. And that’ll be a problem for the markets.
Can You Really “Shut Down” a Nuclear Power Plant before a Hurricane? by Leonard Hyman and Willian Tilles • Sep 13, 2017 • 92 Comments Soothing words before the storm: “Our nuclear plants are now shut down.”
The Terrible Facts about Real Earnings of Men by Wolf Richter • Sep 12, 2017 • 124 Comments The annual income data from the Census Bureau is here. Men, sit down.
Investors Fret as Catalonia’s Independence Turmoil Seethes by Don Quijones • Sep 12, 2017 • 26 Comments The closer the referendum, the more draconian Spain’s response.
The Startling Thing the CEO of Restoration Hardware Said about Online Ad Spending by Tyler Durden • Sep 11, 2017 • 76 Comments One of the most lucrative sectors in Silicon Valley is at risk.
Shares of the Swiss National Bank Soar 64% in Two Months by Wolf Richter • Sep 11, 2017 • 30 Comments What the heck is going on?
So Where Does the Money Go that Mexico Borrows? by Don Quijones • Sep 11, 2017 • 16 Comments Answers emerge. Including offshore private accounts.
Finally the Contrarian Warning from Small Investors by Wolf Richter • Sep 10, 2017 • 99 Comments They did the same in January 2000 just before the dot.com crash.
The Next Spanish Bank Teeters, at Worst Possible Time by Don Quijones • Sep 10, 2017 • 41 Comments It just doesn’t let up with these banks.
Harvey Hits Chain Restaurants – But Not Just Harvey by Wolf Richter • Sep 9, 2017 • 41 Comments Worst downturn in foot traffic and same-store sales since 2009.
Logical and Illogical Reasons to Short Tesla by Martin Tiller • Sep 8, 2017 • 54 Comments “Knowing that something could be bad for you is not always a barrier when temptation rears its head.”
Brick & Mortar Meltdown: Bon-Ton Department Stores Hires Bankruptcy Advisor by Wolf Richter • Sep 8, 2017 • 49 Comments Vitamin World to file for bankruptcy, Perfumania Holdings just filed. And Toys R Us… All in just two weeks.
Worst US Consumer Data Hack Ever? Equifax Confesses by Wolf Richter • Sep 7, 2017 • 165 Comments Your data was likely stolen. Here’s what you can do to protect yourself even after the hack, and Equifax doesn’t want you to do it.
