Moody’s Warns “of Jarring Slowdown” in Jobs, Jumps on Recession Bandwagon by Wolf Richter • Oct 16, 2015 • 22 Comments And warns of “reduced access to financial capital.”
Wrath of Financial Engineering: It’s Now Eating into Earnings by Wolf Richter • Oct 15, 2015 • 25 Comments Balance sheet deterioration “increasingly alarming”: Goldman
The Chilling Thing Wal-Mart Said about Financial Engineering by Wolf Richter • Oct 14, 2015 • 33 Comments Once financial engineering fails, all bets are off.
US Freight Shipments Have Worst September since 2010 by Wolf Richter • Oct 14, 2015 • 36 Comments Real Economy not doing very well, apparently.
Peak Desperation by Wolf Richter • Oct 13, 2015 • 20 Comments So now, junk-rated, money-losing, revenue-challenged Dell tries to pull off its own giant piece of financial engineering.
Junk Bond Issuance Collapses as “Distress Ratio” Spikes by Wolf Richter • Oct 12, 2015 • 12 Comments This is where junk debt hits stocks.
Bill Gross Seeks Revenge: Blockbuster Lawsuit Reveals Deceit, Greed, Risk-Taking, and Brutal Power Struggle at PIMCO by Wolf Richter • Oct 11, 2015 • 18 Comments This is what was going on behind the scenes, unlike anything the media reported.
Last Time that Ratio Soared like this, Stocks Crashed by Wolf Richter • Oct 9, 2015 • 26 Comments And the time before that, stocks were already crashing!
Global Shipping Veers into Capital Destruction by Wolf Richter • Oct 9, 2015 • 13 Comments Overcapacity “will be even greater than in 2009.”
China, Russia, Norway, Brazil, Taiwan Dump US Treasuries by Wolf Richter • Oct 8, 2015 • 12 Comments Scary chart of a staggering reversal.