Oil-Price Debacle Is Far From Over by Wolf Richter • Feb 11, 2015 • 1 Comment It was another bad-hair day for oil.
A New Red Flag for Our Rosy Economic Scenario by Wolf Richter • Feb 10, 2015 • 8 Comments Wholesale inventories balloon to Lehman-Moment levels.
Wall Street Has a Dream About the Price of Oil by Wolf Richter • Feb 9, 2015 • 8 Comments Banks must have a V-shaped recovery in place by late 2015, or else.
American Workers ‘Roadkill’ for Lobbyists, Immigration Lawyers by Wolf Richter • Feb 7, 2015 • 28 Comments Replaced by H-1B worker? Congress caved to corporate search for cheap labor.
Oil Rig Count Plunges 29% from Peak. Halfway to Bottom? by Wolf Richter • Feb 6, 2015 • 2 Comments Wall Street shuts off the spigot for junk-rated drillers.
Why the Beautiful New Greek Government Is Screwed by Wolf Richter • Feb 6, 2015 • 21 Comments The Greeks have lost their sharpest weapon: the financial markets.
In Search of Cheap Labor in Tech: Behind the H1-B Visa Scenes by Wolf Richter • Feb 5, 2015 • 49 Comments “They’re bringing in people with a couple of years’ experience to replace us, and we have to train them.”
Oil Glut Gets Worse – Production, Inventories Soar to Record by Wolf Richter • Feb 4, 2015 • 9 Comments “Oil markets rarely exhibit V-shaped recoveries.”
How Long Can Central Banks Push Bonds to Absurdity? by Wolf Richter • Feb 4, 2015 • 14 Comments Throw enough money at anything, and you’ll kill it.
Immensely Concentrated Positions in “Fantastically” Overpriced Markets with “Unlimited Tolerance for Risk” by Wolf Richter • Feb 3, 2015 • 8 Comments What could go wrong? Hedge-Fund guru Paul Singer explains why they’re all doing it: a “wish not to be run over.”