After $7.8 Trillion Got Wiped Out in three Weeks, “Global Stocks Surge Most since 2012” by Wolf Richter • Jan 23, 2016 • 19 Comments Nothing goes to heck in a straight line.
Deep “Freight Recession” Hits Railroads, Trucking, Air Freight by Wolf Richter • Jan 22, 2016 • 95 Comments “Consumers just don’t seem to be showing up….”
Schlumberger Loses $1 Billion, Raises Layoffs to 30,000, Doubles Share Buybacks to $20 Billion by Wolf Richter • Jan 21, 2016 • 31 Comments A good swig of financial engineering to make the results go down better.
Ruble Plunges 26% in 90 days, 6% in Two Days, Hits New Low, Government Says to Heck with it by Wolf Richter • Jan 21, 2016 • 59 Comments Where’s the shock and awe?
IPOs Crash, Startup Valuations Plunge, Era Ends by Wolf Richter • Jan 20, 2016 • 95 Comments An ugly time for IPO stocks.
Tiffany Sings Brick-and-Mortar Blues by Wolf Richter • Jan 19, 2016 • 33 Comments Luxury Retailer sinks into the quagmire.
Canada Rebels against the Destruction of the Loonie by Wolf Richter • Jan 19, 2016 • 56 Comments The fear of “currency instability.”
Mega Investment Bank Suddenly Pooh-Poohs QE by Wolf Richter • Jan 18, 2016 • 43 Comments Is it saying, any more QE, and it’ll kill us all?
Dollar-Based Investors Eviscerated in Global Stocks by Wolf Richter • Jan 18, 2016 • 20 Comments Central banks have lost their aura of omnipotence.
Consensual Hallucination Fades, Global Stocks Crushed by Wolf Richter • Jan 17, 2016 • 58 Comments Something big has changed.
