US Auto Industry Sinks into Muck. And Canada’s? by Wolf Richter • Aug 6, 2017 • 18 Comments Wolf Richter Talks Shop on radio in Canada.
Pharma Shares Melt Down, But Consumers Might See Relief by Wolf Richter • Aug 5, 2017 • 59 Comments Bloodbath among generics after government cracks down on price fixing.
Euro Junk Bonds and “Reverse Yankees” Go Nuts by Wolf Richter • Aug 4, 2017 • 52 Comments Draghi’s twisted bailiwick produces a WTF chart.
Toronto Housing Bubble Pops. “Genuine Fear” of Price Collapse by Wolf Richter • Aug 3, 2017 • 140 Comments Sales volume crashes, prices plunge from April peak.
Mega-Banks Blow 100% of Earnings on Share-Buybacks & Dividends, Crimp Lending, Constrain Economy by Wolf Richter • Aug 2, 2017 • 94 Comments “Real economy has little to gain, and much to lose”: FDIC’s Hoenig to Senate.
As Car Sales Plunge, Auto Dealers are Not Amused by Wolf Richter • Aug 2, 2017 • 55 Comments Automakers’ efforts are “chaotic for retailers and confusing for consumers.”
Carmageddon for Hyundai, GM, Chrysler, Ford by Wolf Richter • Aug 1, 2017 • 76 Comments But not every automaker got crushed.
Hertz “RESCINDED” Fake Promises to Investors, Shares plunge by Wolf Richter • Aug 1, 2017 • 66 Comments It didn’t even bother explaining why. Investors are left to their own devices to figure it out.
Brick & Mortar Retail Meltdown Fueled by Asset Stripping. Details Emerge in Bankruptcy Courts by Wolf Richter • Jul 31, 2017 • 59 Comments PE firms win again. Stiffed creditors not amused in bankruptcy court.
Uber, Lyft Mangle Rental Cars & Taxis. Other Sectors Next by Wolf Richter • Jul 30, 2017 • 56 Comments But Uber’s growth among business travelers got lumpy.
