Draghi Speaks, Euro Falls Off Chart, Stocks Soar Despite Layoffs, Shrinking Revenues, and Evil “Strong Dollar” that just Got a Heck of Lot Stronger by Wolf Richter • Oct 22, 2015 • 40 Comments This isn’t a coincidence.
“Bank Failures and Systemic Breakdowns”: Regulator Warns on Autos, Subprime, Commercial Real-Estate… by Wolf Richter • Oct 21, 2015 • 32 Comments “Reminds me of what happened in mortgage-backed securities in the run up to the crisis.”
Who on Wall Street is Now Eating the Oil & Gas Losses? by Wolf Richter • Oct 20, 2015 • 14 Comments This trade has become blood-soaked.
Saudi, US Oil Inventories Hit Record High as Demand Fizzles by Wolf Richter • Oct 19, 2015 • 18 Comments Crude oil inventory buildup points at a potential fiasco by next spring.
Pummeled by Lousy Global Demand and Rampant Overcapacity, China Containerized Freight Index Collapses to Worst Level Ever by Wolf Richter • Oct 19, 2015 • 19 Comments Bitter reality is setting in.
The Dismal Thing Schlumberger Just Said about US Oil by Wolf Richter • Oct 18, 2015 • 27 Comments 2016 to be brutal. But then, dreams of “a potential spike in oil prices.”
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.