Collapse of Outsourcing Giant Carillion May Have Silver Lining by Don Quijones • Sep 15, 2018 • 21 Comments “Cash retentions” by large companies come under attack in the UK.
My “Free” Advice for Sears Holding CEO Eddie Lampert by Wolf Richter • Sep 14, 2018 • 103 Comments “Don’t write any more blog posts to blame pensioners for the collapse of Sears Holding after you wasted $5.8 billion on share buybacks.”
Dead Meat Walking: Sears Revenue & Store Count to Hit Zero by 2020 by Wolf Richter • Sep 13, 2018 • 54 Comments Defying my dictum that nothing goes to hell in a straight line.
What Truckers & Railroads Said About the Economy: Blistering Demand is Backing Off, Cyclicality Lives by Wolf Richter • Sep 13, 2018 • 15 Comments But the cost of shipping surges, no holds barred.
Census Bureau Reveals Grim Facts about Real Earnings of Men by Wolf Richter • Sep 12, 2018 • 133 Comments Women weren’t so lucky either. But who got the spoils?
What Will These Mortgage Rates Do to Homeowners Trying to Refinance, Homebuyers, and Mortgage Lenders? by Wolf Richter • Sep 12, 2018 • 50 Comments Refinancing activity plunges to the lowest level since 2000.
Anatomy of a Housing-Bubble Inflection Point in the Bay Area’s Sonoma County by Wolf Richter • Sep 11, 2018 • 70 Comments In 9 charts. Red indicates the moves since the inflection point in June.
Diamonds May be Forever, High Prices Are Not by Safehaven • Sep 11, 2018 • 49 Comments With natural diamonds not so hot, De Beers is venturing into man-made diamonds with a price war. Should be fun.
Turkey, Argentina, Other Emerging Markets Hit BBVA by Don Quijones • Sep 11, 2018 • 24 Comments After the euro debt crisis, Spain’s alpha-lender sought greener pastures in the Emerging Markets. That bet is coming home to roost.
Markets Increasingly Sure: 4 Rate Hikes in 2018 by Wolf Richter • Sep 10, 2018 • 40 Comments A distant possibility in early 2018 is making its way to reality.