How Junk-Bond Contagion Hits Stocks by Wolf Richter • Dec 13, 2015 • 7 Comments “It’s contained – until suddenly it isn’t.”
Dealing With The New Oil Price Reality by Dan Dicker • Dec 13, 2015 • 26 Comments Buckle in. It’s going to be a very long haul.
Bank of Canada Crushes Loonie, Created Mother of All Shorts by Wolf Richter • Dec 12, 2015 • 52 Comments All-out currency war. Clear winners: rich Chinese who buy homes in Canada.
It Starts: Junk-Bond Fund Implodes, Investors Stuck by Wolf Richter • Dec 11, 2015 • 25 Comments And the next crisis hasn’t even begun yet.
World Trips Over the Explosive Dollar by Wolf Richter • Dec 10, 2015 • 12 Comments “Hard to be bullish about the global economy” – National Bank of Canada.
Tragic-Comic Economic Mess Hits Argentina’s New President by Bianca Fernet • Dec 10, 2015 • 15 Comments In her final weeks as President, Cristina spent every cent she could, by hook or crook, leaving central bank and economy in disarray.
China’s Steel Industry Bleeds, Prices Collapse, Losses Mount, and Now the Government Gets Gloomy by Wolf Richter • Dec 9, 2015 • 8 Comments “A risky strategy.”
Rumors of New Bank Bailouts in Spain by Don Quijones • Dec 9, 2015 • 5 Comments Just when the government touts its miracle economy to win the elections!
Bond King Gets Antsy as Junk Bonds, Which Lead Stocks, Spiral to Heck by Wolf Richter • Dec 9, 2015 • 18 Comments “We are looking at real carnage….”
Dogged by Lousy Global Demand and Wild Overcapacity, China Containerized Freight Index Crashes to Worst Level Ever by Wolf Richter • Dec 8, 2015 • 4 Comments Bad breath of zero-interest-rate era wafts over real economy.