Oil Drilling Cut Fastest Since Stock Market Crash by Wolf Richter • Jan 23, 2015 • 2 Comments US oil rig count swoons.
Germany: ‘Got Gold?’ – Draghi: ‘Try Some Bananas’ by Wolf Richter • Jan 23, 2015 • 1 Comment Germany had a self-inflicted bad-hair day, you’d think. With a hilarious cartoon.
This Chart Shows Why the Oil Bust Will Last by Wolf Richter • Jan 22, 2015 • 5 Comments Soaring US crude oil inventories.
Why the Great American Oil Bust Will Be Long & Painful by Wolf Richter • Jan 22, 2015 • 11 Comments BHP Billiton, perhaps unwittingly, explains the irony: despite oil glut, collapsed prices, layoffs… US oil production will continue to soar.
Manufacturing Hit by Oil-Price Plunge? Southeast Worst Since Financial Crisis by Wolf Richter • Jan 21, 2015 • 10 Comments The Atlanta Fed begins to fret.
Look Who’s Dragging Down the Global Economy Though No One Is Allowed to Say it by Wolf Richter • Jan 20, 2015 • 12 Comments “Social cohesion is at risk.”
These Two Charts Show the True Fiasco of US Oil & Gas by Wolf Richter • Jan 17, 2015 • 8 Comments Yet, it’s just the beginning of the Great American Oil Bust.
Money Dries Up for Oil & Gas, Layoffs Spread, Write-Offs Start by Wolf Richter • Jan 16, 2015 • 12 Comments Years of wondrous Wall-Street engineering dissolve in reality.
Without QE, “Eurozone Financial Markets Would Collapse” by Wolf Richter • Jan 15, 2015 • 10 Comments French Megabank: the ECB is “a prisoner of financial markets’ expectations.”
Shorts Jump off Cliff? US Natural Gas Soars 19% in Two Days by Wolf Richter • Jan 14, 2015 • 10 Comments Were they afraid of what Thursday would bring?