FANGMAN Stocks Crushed by Potential “Unprecedented, Wide-Ranging Probe” into Google, Apple, Facebook, Amazon by Wolf Richter • Jun 3, 2019 • 51 Comments My fancy-schmancy FANGMAN index dropped 4.3% today, the most since December 24.
US Cleanest Dirty Shirt Among Manufacturing Giants: Germany at Crisis Level. China, Japan, South Korea Contract by Wolf Richter • Jun 3, 2019 • 47 Comments Exports-at-all-costs for economic growth comes home to roost.
THE WOLF STREET REPORT by Wolf Richter • Jun 2, 2019 • 63 Comments The Treasury Market Acts Like the Economy is in a Death Spiral, But Wait…
The Engines of Large Airliners and the Costly Challenges Manufacturers Face by MC01 • Jun 1, 2019 • 57 Comments Rolls-Royce’s debacle for the Boeing 787 Dreamliner. And China is learning it the hard way.
Dow 25,000! Oops… by Wolf Richter • May 31, 2019 • 106 Comments Nasdaq down 8.7% in May. S&P 500 back to Jan 2018. Russell 2000 down 15.7% from peak, back to Sep 2017. FANGMAN except Microsoft get creamed.
American Consumers Prop Up the Economy. Wall Street Clamors for Multiple Rate Cuts. Fed Blows Off Wall Street by Wolf Richter • May 31, 2019 • 58 Comments The economy is in a “very good place,” says Trump’s man at the Fed. And the Fed’s favorite inflation measure ticks up.
Yield-Curve Spaghetti: “Middle-Age Sag” Gets Fatter, May Serve Up Surprises by Wolf Richter • May 30, 2019 • 41 Comments This peculiar creature of an inverted yield curve.
“Largest Foreign Bribery Case in History” Claims New Scalp: Former Pemex CEO by Don Quijones • May 30, 2019 • 21 Comments His lawyer suggests if the price is too high, he may be willing to take his friend, former president of Mexico, down with him.
OK, I Get it, Markets Have Gone Nuts: Junk-Bonds Are in Party Mood, Treasuries Clamor for Doom & Rate Cuts by Wolf Richter • May 30, 2019 • 103 Comments One of them is wrong. Watch out for it to snap in an ugly manner.
From Less-Splendid Housing Bubbles to Crushed Markets in America in 9 Charts by Wolf Richter • May 29, 2019 • 45 Comments Chicago, Dallas-Fort Worth, Atlanta, Minneapolis, Charlotte, Detroit, Cleveland.