Dagong, which Slashed the US to BBB+, Suspended in China for Selling Fake AA and AAA Ratings to Chinese Outfits by Wolf Richter • Aug 20, 2018 • 32 Comments China struggles to contain its corporate bond morass.
Don’t Fall for This Scary “Critical Alert from Microsoft” Scam that just Happened to Me by Wolf Richter • Aug 19, 2018 • 109 Comments Here’s how I dealt with it — screenshots and all. And now you can have some fun at their expense, literally.
Spain’s Competition Commission Just Made Airbnb’s Day by Don Quijones • Aug 19, 2018 • 22 Comments To heck with the concerns of local citizens and city councils.
Toxic Mix in Canada: Spiking Inflation, Variable-Rate Mortgages, and a Housing Bubble by Wolf Richter • Aug 18, 2018 • 52 Comments What will the Bank of Canada do?
E-Commerce Does it Again: The Stores that Got Pummeled by Wolf Richter • Aug 17, 2018 • 65 Comments Even brick-and-mortar sales at our hero-of-the-day Nordstrom actually fell!
Just in Time: Use of Home as ATM Surges in Canada by Daniel Wong • Aug 17, 2018 • 52 Comments Cash extraction at the peak of a long housing bubble, via multiple mortgages on the same property: Does that ring a bell?
What Truckers & Railroads Just Said about the US Economy by Wolf Richter • Aug 16, 2018 • 24 Comments It’s cyclical.
“Asia Will Be the Next Source of Downside Systemic Risk for Financial Markets” by Wolf Richter • Aug 16, 2018 • 35 Comments Emerging Markets turmoil: The price of cheap debt & misallocation of capital.
Who Bought the $1.36 Trillion of New US National Debt over the Past 12 Months? by Wolf Richter • Aug 15, 2018 • 63 Comments Russia, Japan, and the Fed dumped, China hung in there…. But who bought?
Shale Profits Remain Elusive by Nick Cunningham • Aug 15, 2018 • 35 Comments This time was supposed to be different.
