China Downturn Hits US Automakers by Wolf Richter • May 12, 2015 • 8 Comments When the People’s Bank of China spoke of “big downward pressure,” it wasn’t kidding.
How Soaring Housing Costs Impoverish a Whole Generation and Maul the Real Economy by Wolf Richter • May 11, 2015 • 27 Comments How many years does it take to save up for a down payment in these US cities? Are you sitting down?
Why It’s Time to Be Cautious in the Oil & Gas Sector by Wolf Richter • May 10, 2015 • 3 Comments Even the big names in the sector are running into trouble.
Spanish Construction Giant Reels From Mexican Hangover by Don Quijones • May 10, 2015 • 4 Comments Shares plunged 22%. The company denied all allegations, called the recordings “industrial espionage.” But wait…
Schäuble Warns of “Sudden” Greek Default by Wolf Richter • May 9, 2015 • 12 Comments He refused to nail down a day. But Germany is ready.
One Wild Week in the Bond Markets, and Look What Happened by Contributor • May 9, 2015 • 3 Comments Everything moved. It’s a totally connected world. In six charts.
Global Demand for Chinese Goods Sinks, Chinese Leaders ‘Caught Off Guard by Sharpness of Downturn’ by Wolf Richter • May 8, 2015 • 7 Comments Trade moves in wobbly circles.
How the Liquidity “Delusion” Leads to a Crash by Wolf Richter • May 7, 2015 • 8 Comments Mohamed El-Erian has second thoughts.
Bond Investors Are Making One Big Mistake Right Now by Contributor • May 7, 2015 • 1 Comment My guess is investors will soon regret that decision.
Guess Who’s Designing Europe’s New Tax System? by Don Quijones • May 7, 2015 • 5 Comments Wolves guarding the sheep.