LEAKED (Denied then Confirmed): ECB Not Sure If Greek Banks Can Open Monday by Wolf Richter • Jun 18, 2015 • 20 Comments The banks are toast. So is this it for Greece?
About these “Signs of Hope” in the Chinese Housing Market by Wolf Richter • Jun 18, 2015 • 4 Comments A relentlessly terrible chart.
Starbucks Machinery Lurches Forward, Runs Over My Croissant by Wolf Richter • Jun 17, 2015 • 17 Comments Corporate Speak Suddenly Gets Personal.
Container Carriers Wage Price War to Form Global Shipping Oligopoly by Wolf Richter • Jun 17, 2015 • 16 Comments “I don’t think it will backfire” – CEO of Maersk, the world’s largest carrier.
Biggest Glut in Recorded Crude-Oil History Taking Shape by Wolf Richter • Jun 16, 2015 • 16 Comments A miracle could stop it, but miracles have become rare.
Manufacturing in Canada Sags, Triggers Chilling References to Financial Crisis by Wolf Richter • Jun 16, 2015 • 13 Comments Manufacturing is getting hit hard – and not just because of the oil bust.
ECB Press Release this Wednesday Could End Extortion Racket over Greece – à la Cyprus 2013 by Wolf Richter • Jun 15, 2015 • 19 Comments “Everywhere in Europe there is a growing sentiment of ENOUGH.”
It Gets Messy in Canada by Wolf Richter • Jun 14, 2015 • 14 Comments “All of that negative news has put a downer on consumer sentiment.”
San Francisco Home Prices Spike, Exuberance Reigns by Wolf Richter • Jun 12, 2015 • 12 Comments “Riding this wave while we can, as far as we can, for as long as we can.”
Toronto’s Epic Condo Bubble Suddenly Turns into Condo Glut by Wolf Richter • Jun 11, 2015 • 27 Comments Unsold new condos spike to all-time record. Industry in denial.
