As Regulatory Fog Thickens, Pre-Brexit Angst Takes Toll by Don Quijones • Nov 8, 2018 • 21 Comments City of London Just Lost a $240-Billion-a-day Financial Market.
The State of the American Debt Slaves, Q3 2018 by Wolf Richter • Nov 7, 2018 • 95 Comments Consumers are being lackadaisical again with their plastic.
Startup Boom a “Dangerous, High-Stakes Ponzi Scheme”: Silicon Valley Investor by Wolf Richter • Nov 7, 2018 • 60 Comments “It’s time to wait patiently as the air is slowly let out of this bizarre Ponzi balloon created by the venture capital industry.”
Flip-Flop of Prior Flip-Flop by Spanish Supreme Court Flip-Flops Bank Stocks by Don Quijones • Nov 7, 2018 • 12 Comments There’s nothing like a sympathetic Supreme Court.
Mattress Firm’s Moral Bankruptcy by John McNellis • Nov 6, 2018 • 40 Comments Moral bankruptcy may be one of the quickest preludes to Chapter 11.
The Fed Broadsides $1.3-Trillion “Leveraged Loan” Market by Wolf Richter • Nov 6, 2018 • 52 Comments In detail: ‘Collateral Stripping,’ ‘Incremental Facilities,’ ‘Cov-Lite,’ & ‘EBITDA Add-Backs’
Accelerating Toward “Peak Oil Demand” by Oilprice.com • Nov 5, 2018 • 71 Comments Now even growth engines China and India.
Global Avocado Trade: Mexico’s “Green Gold” Gets Slammed by Mexico by Don Quijones • Nov 5, 2018 • 29 Comments Mexico supplies 45% of global sales, but this is Mexico.
Apple Gets Re-Crushed: New iPhone Prices Too Damn High? by Wolf Richter • Nov 5, 2018 • 106 Comments Time for some hefty share buybacks.
THE WOLF STREET REPORT by Wolf Richter • Nov 4, 2018 • 46 Comments Will this Scheduled Bloodbath in Corporate Debt Deter the Fed?