What the Headlines Got Wrong about Friday’s Data Dump by Wolf Richter • Jul 15, 2017 • 48 Comments As if they’re trying to force the Fed to change course.
Reasons Emerge for Worst Chain-Restaurant Slump since 2009 by Wolf Richter • Jul 14, 2017 • 82 Comments Six quarters in a row of year-over-year declines.
Financial-Crisis-Style Carmageddon Descends on Houston by Wolf Richter • Jul 13, 2017 • 37 Comments Houston is recovering from the oil bust. Didn’t consumers get the memo?
VISA takes its War on Cash to US Retailers by Wolf Richter • Jul 12, 2017 • 158 Comments Forget “legal tender.”
Unwinding QE will be “More Disruptive than People Think” by Wolf Richter • Jul 12, 2017 • 116 Comments “We act like we know exactly how it’s going to happen, and we don’t.”
Cryptocurrencies Collapsed by Wolf Richter • Jul 11, 2017 • 132 Comments A “collapse” is when the price plunges 50% or more in days.
Silicon Valley’s “Death by Overfunding”: Next Unicorn Collapses by Wolf Richter • Jul 11, 2017 • 85 Comments When the ocean of hype turns toxic.
Stock Market Tsunami Siren Goes Off by Wolf Richter • Jul 10, 2017 • 108 Comments It will be ignored until it’s too late.
Is This a Contrarian Buy Signal for the Commodities Bust? by Wolf Richter • Jul 9, 2017 • 52 Comments Here’s how commodities fared in the first half (lean hogs up 43%?)
Why the Next Recession will be a Doozie for Consumers by Wolf Richter • Jul 7, 2017 • 286 Comments Tougher for workers, rougher for the economy.