Is Volkswagen the Only One? by Wolf Richter • Sep 21, 2015 • 49 Comments It took seven years to detect that secret algo expertly designed to break US law and deceive consumers.
Fed’s Bullard Fires Broadside at Fed, Shrapnel Hits his Foot by Wolf Richter • Sep 20, 2015 • 48 Comments Fed Has No “Satisfactory Answer” Why Still “Stuck in Emergency Mode”
German Stocks Crush Dream of Central-Bank Omnipotence by Wolf Richter • Sep 18, 2015 • 13 Comments American investors are on the hook.
Bankers Threaten Fed with Layoffs if it Doesn’t Raise Rates by Wolf Richter • Sep 17, 2015 • 35 Comments And bank shares got crushed.
A Spinoff Goes to Heck, after Just 10 Months by Wolf Richter • Sep 17, 2015 • 15 Comments Wall Street engineering at its best. Investors now get their hands burned off.
The Time Bomb under Canada’s Economy: Soaring Household Debt, and Suddenly Delinquencies! by Wolf Richter • Sep 16, 2015 • 19 Comments “Fortunately, there’s little need to fret about households’ ability to carry all that debt.”
World Holds Breath, Waits for “Death of the Dollar” by Wolf Richter • Sep 15, 2015 • 35 Comments Dismantling the dollar hegemony one yuan at a time.
World Is Now “More Exposed than Ever” to Explosive Dollar by Wolf Richter • Sep 15, 2015 • 13 Comments A risk too ugly to behold.
The Bull Market in Cash Is On by Wolf Richter • Sep 14, 2015 • 15 Comments It just about didn’t matter what you put your money into, as long as it wasn’t cash.
Freight Goes to Heck, Now Even in the US by Wolf Richter • Sep 14, 2015 • 18 Comments Global recession watch: the cleanest dirty shirt gets dirtier.