The Global Container Shipping Industry since the Hanjin Collapse by MC01 • Aug 11, 2018 • 32 Comments Overcapacity reigns as companies splurge on the largest ships, consolidation rages, no one wants to back off.
ECB Fears Contagion from Turkish Lira Collapse, Bank Stocks Plunge by Don Quijones • Aug 10, 2018 • 84 Comments Turkish lira in free-fall, down 18% in two days.
Rate Hike Ammo, Even Without Food & Energy by Wolf Richter • Aug 10, 2018 • 59 Comments Core CPI jumps the most since 2008.
The Eurozone’s “Doom Loop” Re-Grips Italian Banks by Don Quijones • Aug 9, 2018 • 21 Comments Old bad habits die hard: The dangerous relationship of mutual dependence between governments and banks.
What’s Going On in the Used Car & Truck Market? by Wolf Richter • Aug 9, 2018 • 72 Comments As “affordability challenges” hit new vehicles, consumers switch to used, prices spike to record, inflation psychology sets in.
The State of the American Debt Slaves, Q2 2018 by Wolf Richter • Aug 8, 2018 • 132 Comments Let the good times roll.
Cyclical Heavy-Truck Industry Soars to Cloud 9 by Wolf Richter • Aug 8, 2018 • 23 Comments “It is a bizarre occurrence and it will not be resolved soon.”
Turkish Banks Scramble to Stave Off Debt Crisis, as Lira Plummets by Don Quijones • Aug 7, 2018 • 32 Comments Too little, too late?
This is Precisely Why I’ve Been Saying: Don’t Short Tesla or Anything in This Crazy Market by Wolf Richter • Aug 7, 2018 • 157 Comments CEO goes nuts, spaghetti-code algos & consensually hallucinating humans lap it up.
Mattress Firm Considers Bankruptcy to Get Out of its Real Estate Scams by Wolf Richter • Aug 6, 2018 • 73 Comments This is so thick it’s hard to believe. It’s far beyond just a Brick & Mortar Meltdown.