The Oil Crisis That Can’t Be Stopped by Nick Cunningham • Mar 16, 2018 • 35 Comments Venezuela is “suffering the worst economic depression ever recorded in Latin America.”
Bain Capital Wins Again: $20-Billion Leveraged-Buyout Queen Topples, Biggest in Years, Another Private Equity Casualty by Wolf Richter • Mar 15, 2018 • 44 Comments iHeartMedia finally files for bankruptcy, whole sector under pressure.
Despite Years of ECB’s QE (Ending Soon), Italy’s “Doom Loop” Still Threatens Eurozone Financial System by Don Quijones • Mar 15, 2018 • 26 Comments Even banks outside Italy have an absurdly out-sized exposure to Italian sovereign debt.
SEC Cracks Down on Silicon Valley’s “Disruptive Tech” by Safehaven • Mar 15, 2018 • 37 Comments “It’s an important lesson for Silicon Valley,” said SEC’s Jina Choi. “Innovators who seek to revolutionize and disrupt an industry must tell investors the truth….”
Sears is Dead Meat Walking, after Horrid Holiday Quarter by Wolf Richter • Mar 14, 2018 • 41 Comments Why is Sears’ CEO still touting “progress,” even in SEC filings? Why not tell investors the truth, for once?
Google Joins Facebook in Crypto Crackdown by Wolf Richter • Mar 14, 2018 • 56 Comments And cryptocurrencies plunge.
LEAKED: Trump’s Next Shoe to Drop on US-China Trade by Wolf Richter • Mar 13, 2018 • 102 Comments This is the big one. It makes steel and aluminum tariffs look like a game.
Why are Investors in China so Eager to Buy US Homes? by Wolf Richter • Mar 13, 2018 • 68 Comments A whole industry has sprung up on both sides of the Pacific to dodge the rules on both sides of the Pacific.
Trump’s Order Stops ALL Foreign Takeovers of Large US Tech Companies by Wolf Richter • Mar 12, 2018 • 89 Comments “Any substantially equivalent merger, acquisition, or takeover, whether effected directly or indirectly, is also prohibited.”
AI Hedge Funds Got Crushed the Worst Ever During Selloff: Machines Learned the Wrong Things in One-Way Market by Wolf Richter • Mar 12, 2018 • 39 Comments But Cryptocurrency hedge funds fell off a cliff.