Keep Pushing Until Something Really BIG Breaks? by Wolf Richter • Apr 9, 2015 • 13 Comments Fed clueless how to unscramble omelet, fears “outsized market reaction.” Other central banks keep adding to omelet. Absurdity reigns.
Oil Crushed by US-Saudi-Russian Supply Glut by Wolf Richter • Apr 8, 2015 • 10 Comments No one backs off. Price plunges.
American Dream to Export LNG Evaporates by Oilprice.com • Apr 8, 2015 • 1 Comment Billions down the drain in the rush to export natural gas.
This Could Sink Banks in Greece, Portugal, Spain, and Italy by Wolf Richter • Apr 7, 2015 • 13 Comments It’s the competition folks – not the bank regulators. And they have real teeth.
Wall Street Sells Junk Bonds, CLOs at Record Pace, But Investors Hit by “Dismal” Returns by Wolf Richter • Apr 6, 2015 • 2 Comments Parts of the greatest credit bubble in history are already self-destructing.
Calgary Housing & Office Markets Crushed, Alberta Sinks, Vacancies Spread Across Canada, but Vancouver… by Wolf Richter • Apr 5, 2015 • 12 Comments Layoffs and the collapse of oil exact their pound of flesh.
“Bad Bank” Mania Spreads in Europe by Don Quijones • Apr 5, 2015 • 2 Comments Launched to conceal the rising tide of triple-F rated toxic junk.
Coal is Dying, not just in the US. Look What’s Happening in China by Oilprice.com • Apr 4, 2015 • 12 Comments Avoid these companies.
Greece Brandishes Drachma, Threatens Euro Exit by Wolf Richter • Apr 3, 2015 • 24 Comments “What we will not do is become a protectorate of the EU.” But it backfired.
China Targets Dollar, Washington Has Conniptions by Wolf Richter • Apr 2, 2015 • 20 Comments After a bruising setback, the US government has a new opportunity to oppose China’s global financial and monetary ambitions.