What’s Draining American Wallets? (In One Interactive Chart) by Wolf Richter • Sep 11, 2014 • 1 Comment 15 years of American spending
Algos Saved the Day, but What if They Turn Bearish? by Wolf Richter • Sep 11, 2014 • 5 Comments The spike came with no trader buzz. The buying was all electronic and instantaneous. But what will algos do when momentum flips?
Luxury Homes Are Hot, Rest of Housing Market Gets Hosed by Wolf Richter • Sep 11, 2014 • 4 Comments Sweet Spot: Homes above $15 million.
Ravenous Costs and Dubious Benefits of a College Degree by Contributor • Sep 10, 2014 • 12 Comments She’ll be 55 before her net life-time earnings equal those of an enterprising person who left school at 16.
‘Smart Money’ Unloads, Sits on Cash, Waits for Stocks to Swoon by Wolf Richter • Sep 10, 2014 • 3 Comments LBO volume plunges to the lowest level since crisis year 2009.
To Avert Sudden Market Collapse, the Fed Tries to Spook Utterly Unspookable Markets by Wolf Richter • Sep 9, 2014 • 22 Comments San Francisco Fed: Investors are pricing in “a later liftoff date” for the federal funds rate and a slower pace of tightening than FOMC participants themselves.
What Happened to the Price of a Gallon of Gas? by Johnnygeneric • Sep 9, 2014 • 9 Comments An impoverished nation now finds a commodity to be too expensive though it really hasn’t changed in price in over four decades – in terms of silver.
STILL 1.4 Million Fewer Full-Time Jobs than in 2008 by Lee Adler • Sep 8, 2014 • 3 Comments The Fed’s policies have rewarded financial engineering at the expense of job creation.
The Wrath of Abenomics Crushes Japanese Consumers, Eviscerates Economy by Wolf Richter • Sep 8, 2014 • 5 Comments Abenomics soothsayers and apologists are worried: the August debacle is hard to explain away, even for them.
You Must Have a Job to Get a Job by WOLF STREET Reader • Sep 8, 2014 • 13 Comments Reader speaks up: “Those 2 years of unemployment were the darkest moments of my life.”