The Chilling Thing Nvidia Just Said about China & Tech by Wolf Richter • Jan 28, 2019 • 57 Comments China anguish is piling up.
Big Exporters are Losing It: US Manufacturing Gains. Germany, Japan, China not so Lucky by Wolf Richter • Jan 24, 2019 • 66 Comments Central-Bank Stimulus Fail: The longer it drags on, the worse it gets?
Record Defaults by Chinese Companies: Fake “Cash” & Fake Accounting by Wolf Richter • Jan 23, 2019 • 54 Comments Painful moment of truth for banks & investors. “Uncertainty over the accuracy of the companies’ books and disclosure of pertinent information”: Fitch
Bottom Suddenly Falls Out of Demand in China in Many Sectors by Wolf Richter • Jan 19, 2019 • 93 Comments “What we witnessed in November and December was just extraordinary.”
China’s Consumers Rattle Global Automakers as Sales Plunge by Wolf Richter • Jan 14, 2019 • 56 Comments Welcome to the Big Club of Saturation & Decline.
iPhone Sales Croak, China’s Economy Deteriorating Faster than Expected, Apple Warns. Shares Plunge by Wolf Richter • Jan 2, 2019 • 181 Comments “We did not foresee the magnitude of the economic deceleration,” it said, starting the year out on the right foot.
Long-Term “Buy & Hold” Crushed Stockholders in Largest Markets Except US & India. But for the US, Luck’s Running Out by Wolf Richter • Jan 1, 2019 • 99 Comments Ugly long-term charts that Wall Street doesn’t want us to see. And now US stocks are infected too.
US Dollar Status as Global Reserve Currency? by Wolf Richter • Dec 31, 2018 • 115 Comments To diminish the dollar’s role as a global reserve currency, central banks would have to dump the dollar. So, let’s see.
China’s Startup Bubble Runs Aground by Wolf Richter • Dec 27, 2018 • 77 Comments “It now appears bike sharing is the stupidest business, but the smartest brains of China all tried to get in,” said Wu Shenghua, founder of one of the collapsed bike-share companies. “It really now seems ridiculous.”
Who Exactly Mopped up $1.33 Trillion of New US Government Debt over the Past 12 months? by Wolf Richter • Dec 17, 2018 • 78 Comments Debt out the wazoo, but someone is still buying it.