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?
The American Dream Goes Bust, KB Home Wrecked, Other Homebuilders Follow by Wolf Richter • Jan 14, 2015 • 11 Comments What is going on in this glorious housing market of ours?
How Wall Street Drove the Oil & Gas Drilling Boom That’s Turning into a Disaster by Wolf Richter • Jan 13, 2015 • 13 Comments “We are not panicking” – bank CEO.
This Is Just the Beginning of the Great American Oil Bust by Wolf Richter • Jan 12, 2015 • 13 Comments Last time this happened, the stock market crashed. “Going to be a painful period of time,” said Texas Gov. Rick Perry.
