Dollar-Debt Blows up in Mexico, Pushes Biggest Construction Firm toward Abyss by Don Quijones • Dec 19, 2015 • 7 Comments The oil connection.
Carnage in US Natural Gas as Price Falls off the Chart by Wolf Richter • Dec 18, 2015 • 39 Comments All eyes are on Chesapeake.
Bone-Chilling “Plateau” in Apartment Boom Resurfaces, Smartest Money Bails Out by Wolf Richter • Dec 17, 2015 • 25 Comments Last time a “plateau” was declared, the market crashed.
Fed is Raising Rates for the Opposite Reasons They Claim by Larry Kummer • Dec 17, 2015 • 24 Comments Look at the Fed’s dashed hopes!
“Perverse, Unpredictable Effects” of Negative Interest Rates: Mortgage Rates Soar in Switzerland by Wolf Richter • Dec 16, 2015 • 13 Comments The unintended consequences of NIRP.
Spain’s Biggest Bankruptcy Ever Hits Banks, Mexico, Brazil, Descends into Bitter Farce by Don Quijones • Dec 15, 2015 • 12 Comments “The big surprise was that negative profits were converted into positives.”
Freight Shipments Hammered by Inventory Glut, Weak Demand by Wolf Richter • Dec 15, 2015 • 19 Comments The goods-based economy swoons.
Why’s the Fed Talking up the (Lousy) Economy Just Now? by Larry Kummer • Dec 15, 2015 • 22 Comments They desperately want to raise rates, but….
Retail Sales in Texas Plunge by Wolf Richter • Dec 14, 2015 • 14 Comments Oil Bust Contagion Spreads.
European Dream Turns into Dystopian Nightmare by Don Quijones • Dec 14, 2015 • 17 Comments Why We Brits Should Vote for Brexit.