Construction Giants in Spain Panic over Prospect of Losing one of their Biggest Rackets by Don Quijones • Apr 11, 2018 • 12 Comments Government gets ready to cave.
The “Everything Bubble” & “Bubble Mentality,” Risks & Leverage, the Fed’s Response, Tesla, Netflix, LIBOR, and How it Might End by Wolf Richter • Apr 10, 2018 • 40 Comments Wolf Richter with Chris Martenson on Peak Prosperity’s Featured Voices.
Defaults of Retailers Hit “All-Time High” in Q1: Moody’s by Wolf Richter • Apr 10, 2018 • 29 Comments Brick-and-Mortar Meltdown sets record. And Q2 starts out on the right foot.
Government of Canada Just Pointed Out Mortgage Market Might Be a Cesspool by Stephen Punwasi • Apr 10, 2018 • 16 Comments Big Six Banks’ out-of-control “Mobile Mortgage Specialists” on commission.
Retail Investor Bullishness Bites Dust after Huge Trump Spike by Wolf Richter • Apr 9, 2018 • 27 Comments A 39% plunge in three months. But it was spectacular while it lasted.
Chap. 11 Bankruptcies Spike 63% from Year Ago by Wolf Richter • Apr 9, 2018 • 30 Comments Highest level since April 2011. Not just the Brick & Mortar Meltdown anymore.
After a String of Corporate Scandals & Collapses, “Big Four” Accounting Giants Face Breakup in the UK by Don Quijones • Apr 9, 2018 • 19 Comments UK regulators may be on the verge of doing something right, but doubts remain over how genuine their stated intentions are.
Subprime Carmageddon: Specialized Lenders Begin to Collapse by Wolf Richter • Apr 8, 2018 • 76 Comments Worst delinquency rates this century.
As Banks Embrace Biometric Tracking of Customers, Cybertheft Explodes in Mexico by Don Quijones • Apr 8, 2018 • 19 Comments With impeccable timing.
Mix of Morons, True Believers & Spaghetti-Code Algos Tripled the Price of my Stock-Scam Hero in 3 Days before Getting Gored by the SEC by Wolf Richter • Apr 7, 2018 • 50 Comments $2 billion just went POOF, from one second to the next.
