IBM Discloses SEC Investigation, Plunges to Worst Level since 2010, Even Share Buybacks Don’t Work Anymore by Wolf Richter • Oct 27, 2015 • 10 Comments Financial Engineering bites back.
“Million Dollar Shack” In Silicon Valley (Video) by Wolf Richter • Oct 27, 2015 • 44 Comments Time for people who can’t afford living here to make room for those who can: “real estate rock star”
And Now Defaulted “Leveraged Loans” Go Kaboom by Wolf Richter • Oct 26, 2015 • 2 Comments “Fear has become a strong undercurrent”: S&P Capital IQ LCD
Short Sellers Lower Boom on Wall-Street Hype, Big Pharma by Wolf Richter • Oct 25, 2015 • 7 Comments Thankless way of trying to make a buck – ironically benefitting consumers, taxpayers, and investors.
China Containerized Freight Index Collapses to Worst Level Ever by Wolf Richter • Oct 25, 2015 • 15 Comments Just when you thought it couldn’t get worse…
This Is Why It’s Going to Get Even Tougher by Wolf Richter • Oct 23, 2015 • 26 Comments “Though it’s premature to predict impending doom for the current recovery”: Moody’s
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.