UK Pound Collapses, Nikkei, European Futures Crash, Oil Dives, Gold & Bonds Soar as Brits Choose “Leave” by Wolf Richter • Jun 24, 2016 • 108 Comments Bookies turn into goofballs as financial carnage breaks out.
Here’s What Fueled the Rally in Stocks since February by Wolf Richter • Jun 23, 2016 • 20 Comments A huge force that’s going to fizzle.
Worst “Zombie States” in America “Deteriorate Faster, Further” by Wolf Richter • Jun 23, 2016 • 55 Comments Moral Hazard Spreads: TBTF States?
Even if Brexit Vote Wins, there may be No Brexit: Daiwa by Wolf Richter • Jun 22, 2016 • 23 Comments The investment bank’s cynical analysis explains how things work.
From Investment-Grade to Bankruptcy in 4 Months: Why Ratings Agencies are Still a Joke by Wolf Richter • Jun 21, 2016 • 32 Comments Whom are they trying to fool?
NY Fed Warns about Booming Subprime Mortgages, now Insured by the Government by Wolf Richter • Jun 21, 2016 • 62 Comments “Astronomical” default and loss rates.
US Freight Drops to Worst May since 2010 by Wolf Richter • Jun 20, 2016 • 26 Comments Goods economy sinks, drags down trucking & railroads.
Share-Buyback Announcements Plunge, Stocks Risk Getting Clocked by Wolf Richter • Jun 20, 2016 • 28 Comments Who’s going to replace that “relentless bid?”
What the Heck’s Going on in Global Stocks? by Wolf Richter • Jun 19, 2016 • 44 Comments The NIRP Rout.
Turns out, OPEC Isn’t Dead Yet by Wolf Richter • Jun 17, 2016 • 28 Comments In War for Market Share with US shale oil.
