LEAKED (Denied then Confirmed): ECB Not Sure If Greek Banks Can Open Monday by Wolf Richter • Jun 18, 2015 • 20 Comments The banks are toast. So is this it for Greece?
About these “Signs of Hope” in the Chinese Housing Market by Wolf Richter • Jun 18, 2015 • 4 Comments A relentlessly terrible chart.
Starbucks Machinery Lurches Forward, Runs Over My Croissant by Wolf Richter • Jun 17, 2015 • 17 Comments Corporate Speak Suddenly Gets Personal.
Container Carriers Wage Price War to Form Global Shipping Oligopoly by Wolf Richter • Jun 17, 2015 • 16 Comments “I don’t think it will backfire” – CEO of Maersk, the world’s largest carrier.
How Are Investors Feeling? Somewhat Nervous by Contributor • Jun 16, 2015 • Comments Off on How Are Investors Feeling? Somewhat Nervous Fretting Investors to buy record protection.
Biggest Glut in Recorded Crude-Oil History Taking Shape by Wolf Richter • Jun 16, 2015 • 16 Comments A miracle could stop it, but miracles have become rare.
Manufacturing in Canada Sags, Triggers Chilling References to Financial Crisis by Wolf Richter • Jun 16, 2015 • 13 Comments Manufacturing is getting hit hard – and not just because of the oil bust.
Texas Tries to Bring Home its Gold Bars, Distrusts NY Fed, HSBC by Contributor • Jun 15, 2015 • 9 Comments They’re “stored” (Ha!) at HSBC and the New York Fed. That worries Texas.
ECB Press Release this Wednesday Could End Extortion Racket over Greece – à la Cyprus 2013 by Wolf Richter • Jun 15, 2015 • 19 Comments “Everywhere in Europe there is a growing sentiment of ENOUGH.”
The Men Who’re Stealing The Sun by Don Quijones • Jun 14, 2015 • 15 Comments Spain cracks down on the scrappy little guy to protect its oligopolies.