Oil Rig Count Plunges 29% from Peak. Halfway to Bottom? by Wolf Richter • Feb 6, 2015 • 2 Comments Wall Street shuts off the spigot for junk-rated drillers.
Why the Beautiful New Greek Government Is Screwed by Wolf Richter • Feb 6, 2015 • 21 Comments The Greeks have lost their sharpest weapon: the financial markets.
Lies, Lies, Lies, and A Bubble in Burgers? by Bill Bonner • Feb 6, 2015 • 5 Comments The biggest challenge is to figure out what to laugh at first. So many frauds. So much nonsense. So little time.
In Search of Cheap Labor in Tech: Behind the H1-B Visa Scenes by Wolf Richter • Feb 5, 2015 • 49 Comments “They’re bringing in people with a couple of years’ experience to replace us, and we have to train them.”
Oil Glut Gets Worse – Production, Inventories Soar to Record by Wolf Richter • Feb 4, 2015 • 9 Comments “Oil markets rarely exhibit V-shaped recoveries.”
‘Vulture’ Investors Descend on Oil Patch by Oilprice.com • Feb 4, 2015 • Comments Off on ‘Vulture’ Investors Descend on Oil Patch PE firms offer credit to teetering oil companies at exorbitant rates, with an eye on the assets in case of default.
How Long Can Central Banks Push Bonds to Absurdity? by Wolf Richter • Feb 4, 2015 • 14 Comments Throw enough money at anything, and you’ll kill it.
Immensely Concentrated Positions in “Fantastically” Overpriced Markets with “Unlimited Tolerance for Risk” by Wolf Richter • Feb 3, 2015 • 8 Comments What could go wrong? Hedge-Fund guru Paul Singer explains why they’re all doing it: a “wish not to be run over.”
Bad News For World Economy That No One Wants To Hear by Oilprice.com • Feb 2, 2015 • 3 Comments Commodities and bonds tell a contrarian story.
Who Really Owns Your Drones? by Electronic Frontier Foundation • Feb 2, 2015 • Comments Off on Who Really Owns Your Drones? Or any other connected devices? And who controls them?
