Wall Street Has a Dream About the Price of Oil by Wolf Richter • Feb 9, 2015 • 8 Comments Banks must have a V-shaped recovery in place by late 2015, or else.
The Final Chapter in the Credit Bubble Story by Bill Bonner • Feb 9, 2015 • 5 Comments We expect a crack – even a crash – in stocks this year. But that won’t be the end of it.
Crunch Time as Greece’s Terrible Deadlines Loom by Don Quijones • Feb 8, 2015 • 7 Comments Will Greece’s new heroes of democracy fold and kowtow to the Troika’s demands, as every government has done since the Eurozone debt crisis began?
American Workers ‘Roadkill’ for Lobbyists, Immigration Lawyers by Wolf Richter • Feb 7, 2015 • 28 Comments Replaced by H-1B worker? Congress caved to corporate search for cheap labor.
Oil Rig Count Plunges 29% from Peak. Halfway to Bottom? by Wolf Richter • Feb 6, 2015 • 2 Comments Wall Street shuts off the spigot for junk-rated drillers.
Why the Beautiful New Greek Government Is Screwed by Wolf Richter • Feb 6, 2015 • 21 Comments The Greeks have lost their sharpest weapon: the financial markets.
Lies, Lies, Lies, and A Bubble in Burgers? by Bill Bonner • Feb 6, 2015 • 5 Comments The biggest challenge is to figure out what to laugh at first. So many frauds. So much nonsense. So little time.
In Search of Cheap Labor in Tech: Behind the H1-B Visa Scenes by Wolf Richter • Feb 5, 2015 • 49 Comments “They’re bringing in people with a couple of years’ experience to replace us, and we have to train them.”
Oil Glut Gets Worse – Production, Inventories Soar to Record by Wolf Richter • Feb 4, 2015 • 9 Comments “Oil markets rarely exhibit V-shaped recoveries.”
‘Vulture’ Investors Descend on Oil Patch by Oilprice.com • Feb 4, 2015 • Comments Off on ‘Vulture’ Investors Descend on Oil Patch PE firms offer credit to teetering oil companies at exorbitant rates, with an eye on the assets in case of default.
