U.S. Primary Bond Market Seized Up, Junk Bond Issuance Frozen, Chaos in China, Greece, Puerto Rico, Commodities Cited by Wolf Richter • Jul 10, 2015 • 14 Comments Financial contagion spreads to the US.
Microsoft Tallies True Costs of M&A Boom: Layoffs, Write-Offs, Shut-Downs, Economic Decline by Wolf Richter • Jul 9, 2015 • 13 Comments That’s what’s beyond the insufferably rosy corporate speak.
“A Situation That Spirals Out Of Control Quickly” by Wolf Richter • Jul 8, 2015 • 11 Comments My interview on “The Shadow of Truth.”
China Syndrome Burns Stocks, Commodities by Wolf Richter • Jul 8, 2015 • 11 Comments “We simply just don’t know where these events in China will take us.”
The Chilling Thing Gartner Just Said About a Once Hot Engine of Global Growth by Wolf Richter • Jul 7, 2015 • 22 Comments Hope took a hit from the fickle, strung-out consumers.
Chinese Stocks Come Totally Unglued by Wolf Richter • Jul 7, 2015 • 17 Comments Government’s desperate rescue efforts fail to stop rout.
Oil Falls Off the Chart, Crushes Hopes by Wolf Richter • Jul 6, 2015 • 21 Comments Greatest oil glut in history exacts its pound of flesh.
Central Banks Scramble, Fail to Rescue Stocks, after Greece by Wolf Richter • Jul 6, 2015 • 19 Comments “Europe is already surrounded by a geopolitical ring of fire.”
Panicked Chinese Government Imposes Desperate Measures to “Aggressively” Rescue a Lot More Than Just Crashing Stocks by Wolf Richter • Jul 5, 2015 • 13 Comments Worried about popular upheaval?
The Biggest Greek Banks “Have Failed,” and “Resolving” Them Won’t Work: Fitch by Wolf Richter • Jul 3, 2015 • 19 Comments One heck of a doom-and-gloom mess, as analyzed by a ratings agency.