PG&E Suspends Dividends, “Uncertainty Related to Causes” of Bay Area Wildfires. Shares Plunge Further by Wolf Richter • Dec 21, 2017 • 77 Comments California utility goes for “cash conservation.” Investors, not just rate payers, to foot the bill.
What Will the Tax Bill Do to the Housing Market? by Wolf Richter • Dec 20, 2017 • 116 Comments The enormity of this change has not been fully appreciated just yet.
Margin Debt, Backed by Enron-Déjà-Vu Steinhoff Shares, Hits BofA, Citi, HSBC, Goldman, BNP by Wolf Richter • Dec 19, 2017 • 57 Comments “Shadow margin” is a hot business for brokers. Now they lick their wounds.
The Most Expensive Housing Zip Codes in the US by Wolf Richter • Dec 19, 2017 • 56 Comments Hang on to your hat.
The Hottest, Largest-Ever Cryptocurrency ICO Mindblower by Wolf Richter • Dec 18, 2017 • 86 Comments But regulators are waking up.
Where the Heck is Microsoft’s “Edge?” (Left Behind for Dead) by Wolf Richter • Dec 17, 2017 • 98 Comments In the North American Browser War, there is only one winner.
Russian Banking Crisis: 3rd Major Bank Topples in 4 months by Wolf Richter • Dec 15, 2017 • 29 Comments It “financed its owners”: Central Bank
The Flattening US “Yield Curve”? NIRP Refugees Did it by Wolf Richter • Dec 14, 2017 • 69 Comments Sez Fitch & Yellen.
Canada Home Values Hit “First Quarterly Decline since Q1 2009” as Household Debt Binge Hits New High by Wolf Richter • Dec 14, 2017 • 39 Comments How exposed are over-indebted household to rising interest rates?
Yellen Shrugs Off Bitcoin as “Full-Blown Financial Stability Risk.” In Other Words, No Fed Bailout when Prices “Fluctuate” by Wolf Richter • Dec 13, 2017 • 61 Comments As long as banks are not exposed to bitcoin.
