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.
People’s Bank of China Freaks Out, Devalues Yuan by Record Amount, Vows to “Severely Punish” Capital Flight by Wolf Richter • Aug 11, 2015 • 18 Comments A “one-time correction,” a PBOC spokesman said, which everyone believed instantly.
China’s Hard Landing Suddenly Gets a Lot Rougher by Wolf Richter • Aug 9, 2015 • 14 Comments “We could see relatively strong downward pressure” – Chinese government.
The Unnerving Thing Global Automakers Just Said About China’s Economy by Wolf Richter • Aug 5, 2015 • 18 Comments In a “downward spiral.”
Wall Street Still Didn’t Get The Memo – China’s Done! by David Stockman • Jul 28, 2015 • 22 Comments China is not a sideshow; it’s the radioactive core of the entire global bubble.
Shanghai Containerized Freight Index Plunges to New Low by Wolf Richter • Jul 27, 2015 • 12 Comments Down 45% from where it was during the Financial Crisis!
The Chilling Thing China’s Electricity Consumption Just Said about the Economy by Wolf Richter • Jul 23, 2015 • 26 Comments Power consumption actually fell in 9 provinces.
Why I Don’t Short Stocks or Bonds in this Crazy Environment Where Nearly All Assets Are Overpriced by Wolf Richter • Jul 12, 2015 • 21 Comments It took a few days, but now all that moolah has ignited.
China Is Just Another Front in the Zombie War by Bill Bonner • Jul 9, 2015 • 5 Comments This morning, a desperate message from our analyst in Beijing….
“A Situation That Spirals Out Of Control Quickly” by Wolf Richter • Jul 8, 2015 • 11 Comments My interview on “The Shadow of Truth.”