Manhattan Office Bubble Fizzles without Big Chinese Buyers by Wolf Richter • Oct 23, 2017 • 39 Comments Sales volume in Q3 plunges 67% from a year ago.
Wall Street Piles into Cryptocurrencies, Others Speak of “Biggest Scam Ever” by Wolf Richter • Oct 23, 2017 • 141 Comments I don’t remember ever having seen crazier times of more pandemic proportions.
US Treasury Rates Hit Nine-Year Highs by Wolf Richter • Oct 22, 2017 • 77 Comments But the yield spread collapses to lowest since early in the Financial Crisis. Even the Fed is worried.
Is the Fed Getting Cold Feet about the QE Unwind? by Wolf Richter • Oct 20, 2017 • 125 Comments Curious things are happening on its balance sheet.
This is What it Looks Like When Credit Markets Go Nuts by Wolf Richter • Oct 19, 2017 • 65 Comments Pricing of risk kicks the bucket in record central-bank absurdity.
Cash-Burn Threatens Blue Apron 3.5 Months after IPO by Wolf Richter • Oct 18, 2017 • 68 Comments Layoffs and cost cuts have commenced.
Mnuchin Deploys Stock Market Bubble as Political Weapon by Wolf Richter • Oct 18, 2017 • 127 Comments But the ballooning National Debt has disappeared from the agenda.
Wells Fargo Gets Clocked in California by Wolf Richter • Oct 17, 2017 • 65 Comments Why is Tim Sloan still CEO, asks California Treasurer as “systemic corruption and venal abuse of customers” have become “part of Wells Fargo’s brand.”
Wheezing Consumers & Slowing Economy, No Problem: UK Inflation Jumps Most in 5+ Years. Rate Hike Due in November by Wolf Richter • Oct 17, 2017 • 45 Comments The Fed leads, other central banks follow.
Why Did Sears Holdings’ Largest Outside Shareholder Suddenly Jump Overboard? by Wolf Richter • Oct 16, 2017 • 44 Comments 4th director to quit in 10 months. Bankruptcy prospects heat up.
