China Inc. & Billionaires Dodge Capital Controls via Global Buyout Binge. Government Not Amused by Wolf Richter • Nov 27, 2016 • 64 Comments The fear of further yuan devaluation.
Black-Friday Woes: The Death of the Department Store by Wolf Richter • Nov 25, 2016 • 141 Comments They no longer shop till they drop.
Profits over People: How Big Pharma’s Money Affects Our Health and Wallets by Wolf Richter • Nov 25, 2016 • 56 Comments Big Pharma made $3.49 billion in disclosed payments to doctors, teaching hospitals, and others. Americans pay the price.
Shipbuilding in Japan, Korea, China Collapses in Death Spiral of Orders by Wolf Richter • Nov 24, 2016 • 54 Comments “Worse than the one following the Global Financial Crisis.”
How (Slightly) Higher Mortgage Rates Maul Housing Bubble 2, Affordability, and the Rest of the Universe by Wolf Richter • Nov 23, 2016 • 68 Comments The beating resumed today and will continue until the mood improves.
Strongest Pillar of Shaky US Economy has Cracked by Wolf Richter • Nov 22, 2016 • 67 Comments “Car Recession” now expected to spread to 2017.
The Trump Effect on Americans’ Perception of the Economy by Wolf Richter • Nov 22, 2016 • 85 Comments “Hope” returns. But we’ve been through this before.
Will Trump’s New Financial-Engineering Loophole Make Stocks Rally and Bonds Crash? by Wolf Richter • Nov 21, 2016 • 73 Comments Goldman and the rest of Wall Street are smelling the money.
Now it Begins to Unravel by Wolf Richter • Nov 21, 2016 • 72 Comments The Credit Bubble Peak was Marked by “Totally Crazy Lending.”
Bond Carnage hits Mortgage Rates. But This Time, it’s Real by Wolf Richter • Nov 19, 2016 • 94 Comments The “risk free” bonds have bloodied investors.
