What Macau Just Said About China’s Economy by Wolf Richter • Jan 3, 2015 • 6 Comments The worst plunge in its history after years of phenomenal growth.
Worst Currency in 2014? (One You Might Actually Use) by Wolf Richter • Dec 31, 2014 • 7 Comments It left terrible value destruction in its wake. But it wasn’t the ruble.
Oil-Bust Contagion Hits Hedge Funds, Supplier Layoffs Begin by Wolf Richter • Dec 30, 2014 • 8 Comments The toxic mix of financial engineering and an oil-price collapse.
Last Time Inflated Home Prices Strangled Sales Like This, the Housing Market Crashed by Wolf Richter • Dec 29, 2014 • 15 Comments The bitter irony of the Fed’s handiwork.
Elegantly Soaring Dollar to Hit “Air Pocket” in 2015, Slated for Long-Term Decline by Wolf Richter • Dec 28, 2014 • 10 Comments “Whenever a consensus is so unanimous, our gut tells us it’s wrong” – BlackRock
How Asset Manager BlackRock Gave Me the Willies About 2015 by Wolf Richter • Dec 26, 2014 • 5 Comments “Financial instability” is a euphemism for “crash.”
Fight Breaks Out Over Your Absolutely-No-Privacy-Ever Car by Wolf Richter • Dec 24, 2014 • 8 Comments “We’re unwrapping the best holiday gift we could’ve imagined,” Google gushed. Automakers beg to differ. You’re not even asked.
First Oil, now US Natural Gas Plunges off the Chart, “Negative Igniter” for New Debt Crisis by Wolf Richter • Dec 23, 2014 • Comments Off on First Oil, now US Natural Gas Plunges off the Chart, “Negative Igniter” for New Debt Crisis No respite for the American oil patch and its investors.
Gold “Terrifies” the International Monetary System by Wolf Richter • Dec 22, 2014 • 16 Comments Gold is the most maligned asset, if you listen to the Fed, the ECB, and other central banks. But why? I asked the CEO of Goldbroker.com. Fasten your seatbelt.
Oil Price Crash Triggered by the Fed? Amazing Chart by Wolf Richter • Dec 21, 2014 • 5 Comments The Fed giveth, the Fed taketh away. What’s going to crash next?