Crypto Crackdown: Bitcoin is a “Combination of Bubble, Ponzi Scheme, Environmental Disaster” by Wolf Richter • Feb 7, 2018 • 93 Comments “If authorities do not act preemptively, cryptocurrencies could become more interconnected with the main financial system and become a threat to financial stability.”
How Out-Of-Whack are US Trade Relationships? 2017 Trade Deficit Worst since 2008 by Wolf Richter • Feb 6, 2018 • 68 Comments Trade deficit in non-petroleum products hit all-time record of $734 billion.
So What Do I Think about the “Crash” in Stocks? by Wolf Richter • Feb 5, 2018 • 128 Comments With all this wailing in the media, you’d think there’s at least some blood in the streets. But no. Not a drop.
Largest Cryptocurrencies Plunge 50%-80%, $372 Bn Gone in 1 Month. Will it Hit the US Economy? by Wolf Richter • Feb 5, 2018 • 74 Comments This is not like the dotcom crash – though it’s even more brutal.
Corporate Bond Market in Worst Denial since 2007 by Wolf Richter • Feb 4, 2018 • 114 Comments It’s just a question of how disruptive the adjustment will be, whether it will be just a painful sell-off or junk-bond mayhem.
Wage Inflation is Finally here, and it’s Toxic for the Fed by Wolf Richter • Feb 2, 2018 • 143 Comments Even uber-doves are now looking over their shoulder.
Fed’s QE Unwind Accelerates Sharply by Wolf Richter • Feb 1, 2018 • 79 Comments With a sense of urgency. No more dilly-dallying around.
The Brick-and-Mortar-Retail Meltdown in January by Wolf Richter • Feb 1, 2018 • 57 Comments ‘Tis the season for bankruptcies.
Double-Digit Drama on the Ground for Renters by Wolf Richter • Jan 31, 2018 • 48 Comments Rents are on the move, but not in the same direction.
US National Debt Will Jump by $617 Billion in 5 Months by Wolf Richter • Jan 30, 2018 • 74 Comments Just as the Fed accelerates its QE Unwind. Treasuries reacted.
