How Currency Controls Affect Doing Businesses in Argentina by Bianca Fernet • Sep 16, 2019 • 42 Comments Face it: Argentina is out of money.
THE WOLF STREET REPORT: Snapback Bloodletting in the Overripe Bond Market by Wolf Richter • Sep 15, 2019 • 65 Comments The 10-year Treasury yield rips. Unstoppable negative yields become stoppable.
Light at End of Tunnel or Oncoming Train for the Goods-Based Economy? by Wolf Richter • Sep 15, 2019 • 54 Comments What US Freight Shipments and Pricing Say About the Slowdown.
The Unemployed Shadow Labor Force by Wolf Richter • Sep 14, 2019 • 92 Comments “Does Everyone Who Wants a Job Have a Job?”
WeWork IPO, the Straw that Breaks the Stock Market’s Back? Valuation Plunged by up to 79% by Wolf Richter • Sep 13, 2019 • 152 Comments “They’re Going to Screw Up the Market”: Jim Cramer, on the moment-of-truth effects of the WeWork IPO.
Who’ll Rescue Thomas Cook, the Collapsing Vacation-Travel-Airline Giant with 21,000 Employees? by Nick Corbishley • Sep 13, 2019 • 43 Comments Shareholders are already toast. Would China’s Fosun conglomerate follow the time-honored principle of throwing good money after bad?
Palace Revolt at the ECB, Legitimacy of Policy out the Window by Wolf Richter • Sep 12, 2019 • 157 Comments Draghi’s desperate shenanigans thicken.
“Core” Inflation Rises Most Since Sep 2008, Powered by Services and Now Even the Peculiar Case of Durable Goods by Wolf Richter • Sep 12, 2019 • 73 Comments What would the Fed do if economic factors were all it looked at?
What to Do About the Student-Loan Fiasco: Is “Debt Forgiveness” Really the Answer? by Wolf Richter • Sep 11, 2019 • 149 Comments The University-Corporate-Financial Complex is going to squeal.
Why Argentina Will Never Dollarize by Bianca Fernet • Sep 11, 2019 • 44 Comments If Argentina possessed the dedication to logic and collective will to do something so drastic, they would not be in this predicament in the first place.