OK, I get it: Companies Clamor for Cheap Labor, Fed Delivers by Wolf Richter • Nov 29, 2016 • 89 Comments In turn, households get a feel-good illusion.
Sudden, Infectious Enthusiasm for “Current Economic Conditions” after Trump Called them “Terrible” for Months? by Wolf Richter • Nov 29, 2016 • 102 Comments The “Trump Effect?”
What Happens “If the Boom Ends with a Bang?” by Wolf Richter • Nov 28, 2016 • 63 Comments OECD frets about Canada’s House Price Bubble and its consequences.
Black-Friday-Weekend Woes End “Trump Effect” by Wolf Richter • Nov 27, 2016 • 99 Comments Back to the Retail Quagmire. Gloom for brick-and-mortar stores.
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.