It Starts: Broad Retaliation Against China in Currency War by Wolf Richter • Aug 20, 2015 • 30 Comments Emerging-Market Debt Crisis on the horizon.
LEAKED: GM Sees Overcapacity Fiasco in China, Hopes Americans Will Buy Lots of Chinese-Made Buicks by Wolf Richter • Aug 19, 2015 • 21 Comments The start of a tsunami. US “Manufacturing Renaissance” takes another hit.
Greek Stocks Are Down 60% Since Last Summer. Time to Buy? by Wolf Richter • Aug 18, 2015 • Comments Off on Greek Stocks Are Down 60% Since Last Summer. Time to Buy? “The thing is, everyone can’t be a contrarian at the same time.”
Canada “Getting Clocked” by Something Far Bigger than Oil by Wolf Richter • Aug 18, 2015 • 38 Comments The oil price collapse is bad, but this is worse.
Junk-Rated Offshore Drillers Headed into Bankruptcy: Fitch by Wolf Richter • Aug 17, 2015 • 5 Comments After fracking, offshore drilling.
Housing Affordability in San Francisco & Bay Area Plunges; Stocks, Interest Rates Could Trigger Epic Bust by Wolf Richter • Aug 16, 2015 • 24 Comments Others call it a “housing crisis.”
Riskiest End of the Junk Bond Market Just Blew Up by Wolf Richter • Aug 15, 2015 • 15 Comments Worst one-day hit since the Financial Crisis.
China Mess, Yuan Devaluation Spread to the US by Wolf Richter • Aug 14, 2015 • 6 Comments Elements coagulate into a toxic mix.
World’s Most Hated Major Currency Hits 11-Year Low by Wolf Richter • Aug 14, 2015 • 23 Comments Traders are uniformly betting against it, a great contrarian sign. But wait….
U.S. Containerized Exports Fall Off the Chart by Wolf Richter • Aug 13, 2015 • 20 Comments Down 29% from a year ago! US sellers “may have lost customers for good.”