Dollar Hits Air Pocket, Euro in Epic Short Squeeze by Wolf Richter • May 7, 2015 • 4 Comments “I wonder whether we’re not living in a new world in which governments no longer control as much as they think they control.”
But Don’t Cry for the Bond Market Gamblers by David Stockman • May 6, 2015 • 1 Comment Never before has an agency of a state anywhere in the world pleasured speculators with such stupendous windfalls.
Is This The Top For Oil Prices For Now? by Oilprice.com • May 6, 2015 • 2 Comments Investors are still allocating monies to broken models.
“Smart Money” Prepares to Profit from Bond Market Rout by Wolf Richter • May 6, 2015 • 14 Comments Bonds with long maturities are sitting ducks – and thus ideal.
Confidence in the US Economy Plunges by Wolf Richter • May 5, 2015 • 16 Comments Culprits get lined up.
China Containerized Freight Index Plunges to Multi-Year Low, Shanghai-EU Rates Totally Collapse, US Rates Morose by Wolf Richter • May 4, 2015 • 17 Comments Something is going on in the shipping business – and beyond – to create this gloom.
Australia’s Sacred Cow Threatens Banking System by Lindsay David • May 4, 2015 • 5 Comments “Negative gearing” pushes overpriced housing market toward disaster.
Water Crisis: Lake Mead, Largest US Reservoir, Faces Federal “Water Emergency,” Forced Rationing by Wolf Richter • May 3, 2015 • 23 Comments 40 million people, including the folks in Los Angeles, depend on its water.
This Is What Happened When An Aussie Read My Book on Japan by Wolf Richter • May 2, 2015 • 14 Comments “An absolute tour de force.”
Housing Bubble 2: Investor Purchases Hit Record, Small Investors Pile in, ‘Smart Money’ Gets Out by Wolf Richter • May 1, 2015 • 21 Comments Here are the cities and the state where investors are the new majority.