How GM Is Shaking Down South Korean Taxpayers by Wolf Richter • Feb 20, 2018 • 39 Comments The threat of Carmageddon for jobs.
RBS Forgery Scandal Metastasizes Days before Crucial Earnings Report by Don Quijones • Feb 20, 2018 • 20 Comments The bailed-out megabank hasn’t had a single year in the black since 2007.
US Treasury Posts Gigantic $1.16 Trillion Shortfall in Fiscal 2017, Hilariously Points out “Where We Are Headed” by Wolf Richter • Feb 19, 2018 • 130 Comments Just add tax cuts and ballooning expenditures. The media chose to silence the report to death.
“Blockchain” Stocks Completely Disintegrate by Wolf Richter • Feb 18, 2018 • 63 Comments Black Friday for them. Meet the OTC’s “skull and crossbones.”
What’s Going on with Stocks, Gold, Silver, Oil, and Mortgages? by Wolf Richter • Feb 18, 2018 • 26 Comments Was the selloff in stocks just a brief correction, or a sign of greater significance?
Rising Interest Rates: New Era with Tough Outcomes by Wolf Richter • Feb 17, 2018 • 55 Comments Wolf Richter with Jim Goddard on “This Week in Money“
On Closer Inspection, Debt of Bankrupt Spanish Construction Firm Grows Four-Fold by Don Quijones • Feb 17, 2018 • 36 Comments What happens if cases like this prove to be the rule rather than the exception?
Online Sales Soar at Fastest Rate in Years. Why? by Wolf Richter • Feb 16, 2018 • 97 Comments Which part of Brick-and-Mortar is crumbling?
The Dollar Spirals Down, Hits Lowest Point Since 2014 by Wolf Richter • Feb 16, 2018 • 93 Comments What will the Fed do?
“Financial Stress” Spikes. Markets, Long in Denial, Suddenly Grapple with New Era by Wolf Richter • Feb 15, 2018 • 22 Comments Fed’s monetary policy shift is finally taking hold. It just took a while.