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.
China Auto Sales Plunge, Face First Annual Decline in 30 Years by Wolf Richter • Dec 11, 2018 • 60 Comments Industry panics, overcapacity spreads, but government brushes off the wailing and gnashing of teeth, looks to EVs.
Implosion of Stock Market Double-Bubble in China Hits New Lows, Authorities Busy Elsewhere Keeping China Miracle from Unraveling by Wolf Richter • Oct 18, 2018 • 61 Comments Bigger issues than propping up the stock market beckon.
US Dollar Refuses to Die as Global Reserve Currency — But Loses Ground by Wolf Richter • Sep 30, 2018 • 63 Comments Chinese RMB gains, but is inconsequential as central banks remain leery. Euro hangs on.
Inversion Watch: Dancing the Global “Yield Curve” Tango? by Wolf Richter • Sep 29, 2018 • 13 Comments Treasury yield curve survives rate hike upright. Yield curves steepen in China, Japan & Germany. Era of NIRP scheduled to end.
