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?
So-Called ‘Dumb Money’ Flees Junk Debt. The Market Quakes by Wolf Richter • Dec 20, 2014 • 3 Comments Junk-bond funds hit by ‘market conditions’ as retail investors refuse to be sitting ducks.
Global Automakers Get Blasted in Russia by Ruble Crash by Wolf Richter • Dec 19, 2014 • 4 Comments This is what happens when a currency spirals out of control.
Already Crummy US Economy Takes a Sudden Hit by Wolf Richter • Dec 18, 2014 • 14 Comments One heck of a downhill ride since June, culminating in a December dive. But this time, there is no polar vortex to blame.
Housing Bubble 2: California November Home Sales Plunge to Multiyear Lows, Prices Soar by Wolf Richter • Dec 18, 2014 • 2 Comments Sales down 20% in San Francisco, but prices soar 27% to ludicrous levels.
Ruble Spirals Elegantly out of Control as Functional Currency by Wolf Richter • Dec 17, 2014 • 12 Comments Ruble collapses, Russians and bankers fret, Apple and automakers stop selling, as the government dumps its crown jewels to stem the chaos for a day.
Great Unwind of Oil-and-Gas Junk Bonds to Defund Fracking? by Wolf Richter • Dec 16, 2014 • 1 Comment Yields spike, damage spreads. Investors try to bail out while they still can.
