Junk Bond Issuance Collapses as “Distress Ratio” Spikes by Wolf Richter • Oct 12, 2015 • 12 Comments This is where junk debt hits stocks.
Bill Gross Seeks Revenge: Blockbuster Lawsuit Reveals Deceit, Greed, Risk-Taking, and Brutal Power Struggle at PIMCO by Wolf Richter • Oct 11, 2015 • 18 Comments This is what was going on behind the scenes, unlike anything the media reported.
“Problems Likely to Snowball from Here,” at World’s Second Largest VW Factory by Don Quijones • Oct 10, 2015 • 7 Comments “Volkswagen has shafted us all.”
Last Time that Ratio Soared like this, Stocks Crashed by Wolf Richter • Oct 9, 2015 • 26 Comments And the time before that, stocks were already crashing!
Global Shipping Veers into Capital Destruction by Wolf Richter • Oct 9, 2015 • 13 Comments Overcapacity “will be even greater than in 2009.”
Did the European Court of Justice Just Torpedo the Mother of All US Trade Agreements? by Don Quijones • Oct 8, 2015 • 7 Comments Big Brother Unleashed?
While We Sleep, Corporate Execs Strip-Mine America by Larry Kummer • Oct 8, 2015 • 12 Comments But all games have an endgame.
China, Russia, Norway, Brazil, Taiwan Dump US Treasuries by Wolf Richter • Oct 8, 2015 • 12 Comments Scary chart of a staggering reversal.
This is How the Trade Pact Escalates the Currency War by Wolf Richter • Oct 7, 2015 • 17 Comments But Hillary Clinton flip-flops beautifully.
On the Brink, Argentina Asks China for More Money by Wolf Richter • Oct 7, 2015 • 10 Comments A bond payment was due, and here is what happened next.
