What’s Going on with the Banks? Citi Cuts Goldman to “Sell,” after Goldman Cut Citi to “Neutral” by Wolf Richter • Jan 10, 2017 • 18 Comments Circular firing squad? But bank stocks have soared for three months.
Get Ready for China’s Hot New Export Product: Inflation by Wolf Richter • Jan 10, 2017 • 82 Comments Coming soon to a store near you.
What 1 Million US Jobs? Dreading a Trade War, China Sends Alibaba’s Jack Ma to Trump for some Fence Mending by Wolf Richter • Jan 9, 2017 • 71 Comments Carrot and Stick. Now a friendly chat among billionaires who presumably see eye-to-eye.
Commodities Bust Crushes Incomes, House Prices, & Rents in Western Australia by Wolf Richter • Jan 9, 2017 • 28 Comments “Ponzi finance schemes are struck firmly in reverse gear.”
Evictions by Wall-Street Mega-Landlords Soar, Financialization of Rents Cause “Housing Instability”: Atlanta Fed by Wolf Richter • Jan 7, 2017 • 106 Comments It blames the Fed & Bernanke; the dark side of “healing” the housing market.
The Thing in the Jobs Report that Gives the Fed the Willies by Wolf Richter • Jan 6, 2017 • 82 Comments It’s all about cheap labor.
Um, General Chinese Motors? by Wolf Richter • Jan 5, 2017 • 55 Comments GM’s huge post-bailout investments in China bear fruit.
Annual US Auto Sales Fell for First Time since 2009 at GM, Ford, Fiat-Chrysler, Toyota, VW, BMW… by Wolf Richter • Jan 5, 2017 • 82 Comments The hype has been deafening, as US “car recession” spreads among largest automakers.
How Bad Will the “Bond Massacre” Get? by Wolf Richter • Jan 4, 2017 • 41 Comments Worse than the 1994 “Bond Massacre,” with “sustained double-digit losses on bonds, subpar growth in developed markets, and balance sheet risks for banking systems….”
Trump Tweets, Ford & GM Counter, their Shares Jump, the Peso Plunges, but the Jobs Won’t “Come Back” to the USA by Wolf Richter • Jan 3, 2017 • 65 Comments Whacked by slow demand, Ford cancels plant in Mexico, shifts car production to existing plant in Mexico.
