To Avert Sudden Market Collapse, the Fed Tries to Spook Utterly Unspookable Markets by Wolf Richter • Sep 9, 2014 • 22 Comments San Francisco Fed: Investors are pricing in “a later liftoff date” for the federal funds rate and a slower pace of tightening than FOMC participants themselves.
The Wrath of Abenomics Crushes Japanese Consumers, Eviscerates Economy by Wolf Richter • Sep 8, 2014 • 5 Comments Abenomics soothsayers and apologists are worried: the August debacle is hard to explain away, even for them.
But Who the Heck Is Going to Buy all these ‘Overpriced’ Homes? by Wolf Richter • Sep 6, 2014 • 34 Comments Something has to give. And it’s not going to be the maxed-out American middle class.
Big Tech Teeters, May Sack Most People since 2009 by Wolf Richter • Sep 5, 2014 • 8 Comments Financial engineers have taken over; actual engineers are relegated to an expense category that must be cut.
Startup CEO (Unwittingly) Explains Biggest Problem in America’s Unemployment Crisis by Wolf Richter • Sep 4, 2014 • 42 Comments A whole system with convenient low-cost tools.
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.
