“Replacement Demand” from Hurricane Harvey Overhyped, Carmageddon Returns to US by Wolf Richter • Dec 13, 2017 • 24 Comments Houston-area auto sales rise, but not nearly enough to pull out US auto sales.
Fed Gets More Ammo for Rate Hikes by Wolf Richter • Dec 12, 2017 • 35 Comments Producer Price Index rises most in six years.
Peak Bitcoin Media-Mania Yet? by Wolf Richter • Dec 11, 2017 • 105 Comments In ten practically funny pictures.
How Fed Rate Hikes Impact US Debt Slaves by Wolf Richter • Dec 11, 2017 • 73 Comments But savers are still getting shafted.
Enron Déjà Vu? Citi, BofA, HSBC, Goldman, BNP on the Hook as Steinhoff Spirals Down by Wolf Richter • Dec 8, 2017 • 55 Comments $21 billion of debt. Off-balance-sheet entities. Moody’s wakes up, downgrades it four notches, with more to come.
The Fed’s QE-Unwind is Really Happening by Wolf Richter • Dec 7, 2017 • 122 Comments Fed’s assets drop to lowest level in over three years.
How Much Did the Fires in California Cost? Answers Emerge. by Wolf Richter • Dec 7, 2017 • 53 Comments “The most destructive and deadliest” fires in the state’s history.
Bonds Issued by Acquirer of Mattress Firm & Sherwood Bedding Collapse after ECB Buys Them as Part of QE by Wolf Richter • Dec 6, 2017 • 46 Comments Steinhoff’s “accounting irregularities” crush its stock.
Fed Tightens, “and so far, Nothing Has Blown Up” by Wolf Richter • Dec 5, 2017 • 67 Comments Gundlach frets about bonds during QE unwind, rate hikes, tax cuts, and rising deficits.
GM Sells 70% More Vehicles in China than the US by Wolf Richter • Dec 5, 2017 • 31 Comments Big Risks, Thin Profits. US taxpayers helped.
