Hotbed of Bootleg Software, China Gets Hit Most by WannaCry by Wolf Richter • May 15, 2017 • 59 Comments Just one more reason for China to develop its own mousetrap.
What the Heck’s Going on With Cryptocurrencies? by Wolf Richter • May 15, 2017 • 106 Comments Up 10,000% in 16 months? These charts truly depict our crazy times.
It’s Really Crazy What This ECB Has Wrought by Wolf Richter • May 14, 2017 • 45 Comments In the land of NIRP refugees and “Reverse Yankees,” who will get crushed?
$500 Trillion in Derivatives “Remain an Important Asset Class”: Hilariously, the New York Fed by Wolf Richter • May 13, 2017 • 71 Comments Oh, and the unintended consequences of trying to regulate a monster.
Worst Restaurant Tailspin since 2009/2010 Crushes Lower End by Wolf Richter • May 12, 2017 • 72 Comments “Rising household debt load” to “suppress consumption, including eating out.”
The Fed Gets another Reason to Raise Rates and Unravel QE by Wolf Richter • May 11, 2017 • 56 Comments Inflation pressures further up the pipeline rise the most in 5 years.
#Carmageddon for Rental Car Companies: Wolf Richter on WRKO Boston by Wolf Richter • May 11, 2017 • 39 Comments Automakers and the used car market catch shrapnel. Uber did it.
Miami “Preconstruction” Condo Flippers Drown in Glut by Wolf Richter • May 10, 2017 • 86 Comments With zero resales, “actual market value of the units in the project is uncertain.”
“The Great Narrowing” of the S&P 500 by Wolf Richter • May 9, 2017 • 54 Comments “The new 1%” gained $260 billion since March 1, the 99% lost $260 billion.
Retail Meltdown Demolishes Mall Investors by Wolf Richter • May 9, 2017 • 76 Comments Even the biggest.
