Sears Revenues to Hit Zero in 3 Years. But Bankruptcy First by Wolf Richter • Aug 25, 2017 • 72 Comments This baby is going down the tubes at an ever faster speed.
San Francisco Bay Area Pending Home Sales Plunge by Wolf Richter • Aug 24, 2017 • 90 Comments Ludicrously high home prices hit end of the employment boom?
Uber Wants You to Know it’s Not Collapsing by Wolf Richter • Aug 23, 2017 • 64 Comments Total Immersion Chaos.
Fitch Threatens US with Downgrade by Wolf Richter • Aug 23, 2017 • 59 Comments Did it forget how the US government hounded Standard & Poor’s?
Banks Earn Record Profits in Q2, Savers Sacrificed: FDIC by Wolf Richter • Aug 22, 2017 • 57 Comments $9 trillion in deposits go a long way.
US Gross National Debt to Spike by $800 Billion in October? by Wolf Richter • Aug 21, 2017 • 111 Comments The other option: too ugly to even imagine.
Stock & Bond Markets in Denial about QE Unwind, but Banks, Treasury Dept Get Antsy by Wolf Richter • Aug 21, 2017 • 49 Comments “Let markets clear.” It’ll be just “a financial engineering shock.”
US Asset Bubbles Crack as Frantic China “Restricts” Outbound Investments by Wolf Richter • Aug 20, 2017 • 120 Comments What happens to prices when the biggest, reckless buyer walks away?
NAFTA Negotiations Start in Secrecy. Lobbying Heats by Wolf Richter • Aug 19, 2017 • 50 Comments After promises of transparency, Americans aren’t allowed to know what’s being negotiated at their expense.
Cashing Out of Unicorns Gets Hard by Wolf Richter • Aug 18, 2017 • 50 Comments Until shares can be sold, “valuations” remain fake wealth.