Subprime Blows up on Retailer, CEO Warns on ALL Subprime, Hits Auto Sales by Wolf Richter • Sep 3, 2014 • 10 Comments Subprime giveth, subprime taketh away.
Consumer Spending in August Drops below a Year Ago – Gallup by Wolf Richter • Sep 2, 2014 • Comments Off on Consumer Spending in August Drops below a Year Ago – Gallup Hapless American consumers appear to have hit a limit.
The Sky Is Falling on Chinese Corporations by Wolf Richter • Sep 2, 2014 • 5 Comments In China’s debt-fired economy, lenders are going to take the heat.
Home-Flipping Collapses in San Francisco, Losses Spread by Wolf Richter • Aug 30, 2014 • 8 Comments The magic mix becomes toxic.
What the Heck Just Happened at the San Francisco Apple Store? by Wolf Richter • Aug 29, 2014 • 9 Comments Not everyone is irrationally exuberant.
Pump and Dump: How to Rig the Entire IPO Market with just $20 Million by Wolf Richter • Aug 28, 2014 • 9 Comments The price of market manipulation keeps dropping.
Russia Sanctions Hit German Consumers, “Economic Expectations Completely Collapse” by Wolf Richter • Aug 27, 2014 • 10 Comments The “faster rotating sanctions spiral with Russia” causes the worst plunge in the history of the German consumer index going back to 1980.
Economist: Stocks No Longer Risky, Will Go Up ‘Steadily’ by Wolf Richter • Aug 26, 2014 • 8 Comments With fundamentals and economic realities having become totally irrelevant these days, economists are reassigned to tout stocks.
Drowning in Unsold New Homes? by Wolf Richter • Aug 25, 2014 • 7 Comments Housing Bubble 2: ballooning inventories of new single-family homes.
Argentine Peso Collapses on Top of Rogue Regime by Wolf Richter • Aug 25, 2014 • 7 Comments Adeptly managed by the central bank and the government, the Argentine peso has been plunging in perfect form, an activity it is very, very good at.
