Monthly Archives: July 2014

Ominous Signs in Consumer Sentiment

by Lee Adler •  • 1 Comment

Despite surging stocks since 2012, consumer sentiment has not broken out in similar fashion: a warning sign of a big move down in the markets and economy.

Canada’s Magnificent Housing Bubble at Risk, Fitch Says

by Wolf Richter •  • Comments Off on Canada’s Magnificent Housing Bubble at Risk, Fitch Says

Solution? Not raising interest rates. EVER. That would prick the bubble violently. Instead, Fitch says, the government should “engineer a soft landing.” Good luck!

Microsoft Layoffs: Insane M&A Frenzy Leads To Next Jobs Crisis

by Wolf Richter •  • 3 Comments

35,000 M&A deals will likely be made this year, promising “efficiencies” and “synergies,” hence job cuts. So Microsoft, which bought Nokia’s handset unit, is planning the largest in its history…. The M&A frenzy of 2007/8 was followed by the Great Jobs Crisis!

Yellen Warns Investors

by Wolf Richter •  • Comments Off on Yellen Warns Investors

Yellen pokes at bubbles in momentum stocks, leveraged loans, threatens to end ZIRP sooner, more rapidly “than currently envisioned.” Fasten your seatbelts.

GoPro Tanks: Who Knew What?

by Wolf Richter •  • 4 Comments

Wearable camera-gadget maker GoPro doubled in the days after its IPO. The media went gaga. But last week, it began to tank, just before Barron’s calamitous article.