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.
This Is Why the Oil-Price Crash Will Maul the US Economy by Wolf Richter • Dec 15, 2014 • 18 Comments Wall Street promises a big boost to US GDP. What have these folks been smoking?
France Cut by Fitch, Kicked by Bundesbank, Jilted by Logic, Has Newfangled Solution: Sunday Shopping. And Blows it by Wolf Richter • Dec 15, 2014 • 6 Comments France comes up with another potent fix to its economic debacle. Hilarity ensues.
What the Heck Just Transpired in the Global Markets? by Wolf Richter • Dec 14, 2014 • 8 Comments Stocks, junk bonds, oil, and the bitter whiff of international chaos.
Oil Bust Contagion Hits Wall Street, Banks Sit on Losses by Wolf Richter • Dec 11, 2014 • 6 Comments Wall Street made a killing on the fracking and offshore booms, but now the tide turns.
Blackout, When it Finally Rains in San Francisco by Wolf Richter • Dec 11, 2014 • 11 Comments My thoughts when the high-tech city just about shut down.
Retailer’s Subprime Explodes, Shares Crash 40%, Junk Bonds Fall into “Price Discovery” by Wolf Richter • Dec 10, 2014 • 4 Comments Subprime is merciless when it strikes back.
This Chart Shows Which Countries Get Mauled the Worst by the Oil Bust by Wolf Richter • Dec 9, 2014 • Comments Off on This Chart Shows Which Countries Get Mauled the Worst by the Oil Bust Oil busts can exact a terrible price, even in the American oil patch.
“Yes, it Was a Brutal Week for the Oil & Gas Loan Sector” by Wolf Richter • Dec 8, 2014 • Comments Off on “Yes, it Was a Brutal Week for the Oil & Gas Loan Sector” Junk debt explodes. Yields go exponential. Offshore drillers hit the worst.
Treasury Warns Congress (and Investors): This Financial Creature Could Sink the System by Wolf Richter • Dec 8, 2014 • 13 Comments Among those who’ll get to eat the losses: unsuspecting retail investors.
