China Entering Ugly Recession, Not Just a “Hard Landing?” by Wolf Richter • Aug 29, 2015 • 21 Comments More evidence piles up: the economy seems to be shrinking.
“The Most Astounding Credit Binge in History” by Bill Bonner • Aug 27, 2015 • 5 Comments But is the bounce to be trusted?
What the Heck is Going on in the Global Markets? by Wolf Richter • Aug 23, 2015 • 30 Comments This isn’t supposed to happen.
Foreign “Smart Money” Frets about Turmoil at Home, Flees, Plows into US Housing Bubble 2, Thinks it’s a “Safe Haven” by Wolf Richter • Aug 21, 2015 • 27 Comments In downtown Miami, foreign buyers account for 90% of condo sales.
The Chilling Thing Smartphone Sales Said about China Debacle by Wolf Richter • Aug 20, 2015 • 17 Comments “Saturation” is the new Economic Reality. But this is Worse.
It Starts: Broad Retaliation Against China in Currency War by Wolf Richter • Aug 20, 2015 • 30 Comments Emerging-Market Debt Crisis on the horizon.
LEAKED: GM Sees Overcapacity Fiasco in China, Hopes Americans Will Buy Lots of Chinese-Made Buicks by Wolf Richter • Aug 19, 2015 • 21 Comments The start of a tsunami. US “Manufacturing Renaissance” takes another hit.
Riskiest End of the Junk Bond Market Just Blew Up by Wolf Richter • Aug 15, 2015 • 15 Comments Worst one-day hit since the Financial Crisis.
China Mess, Yuan Devaluation Spread to the US by Wolf Richter • Aug 14, 2015 • 6 Comments Elements coagulate into a toxic mix.
All Heck Breaks Loose After Freaked-Out People’s Bank of China Devalues Yuan Again by Wolf Richter • Aug 12, 2015 • 15 Comments Currency War. Asian stocks plunge. Copper, Oil hit multiyear lows.
