Is the UK’s “Next Carillion” About to Fall? by Don Quijones • Nov 13, 2018 • 26 Comments The outsourcing & construction giant with 70,000 employees is “circling the drain.”
“Outlook Deteriorated Even More for the Eurozone than for Germany” (Despite NIRP?) by Wolf Richter • Nov 13, 2018 • 41 Comments Export-Dependent Germany Hit by More than US-China Trade War.
FANGMAN Come Re-Unglued. Debacles Sink Goldman Sachs, Apple, and — Oh Gosh, Not Again — GE by Wolf Richter • Nov 12, 2018 • 68 Comments Fears the bull market died sent people & algos scrambling out of the way.
Real Canadian Mortgage Growth Points to Early-80s-Style Meltdown by Stephen Punwasi • Nov 12, 2018 • 20 Comments We’re overestimating growth, thinking of it as heading towards low growth. In reality, we’re heading towards negative growth, once adjusted for inflation.
THE WOLF STREET REPORT by Wolf Richter • Nov 11, 2018 • 84 Comments Has the Fed Made a Deal with Trump?
Anatomy of the Housing Downturn in Vancouver, Canada by Wolf Richter • Nov 11, 2018 • 72 Comments It’s not pretty.
Billions for Planes, Billowing Losses by MC01 • Nov 10, 2018 • 68 Comments The Long-Haul “Low-Cost Carrier” Business Model in a world awash in cheap money.
This is What Retail Investors Did with GE This Year as it Plunged by Wolf Richter • Nov 9, 2018 • 69 Comments Lured by the siren song of a “buying opportunity” and a fat yield.
Bank Shares in Mexico (and Beyond) Plunge as Incoming Government Threatens Core Business: Fee Gouging by Don Quijones • Nov 9, 2018 • 12 Comments Part of a global trend, as exasperated consumers are squealing, but no country has threatened to do what Mexico proposed.
Hilarious How Wall-Street Crybabies Whine about the Fed’s QE Unwind after a Decade of “Wealth Effect” by Wolf Richter • Nov 8, 2018 • 124 Comments Their “Everything Bubble” is being pricked “gradually,” and they don’t like it.