Turns out, Uber Shareholders Are Eager to Sell at 30% Discount by Wolf Richter • Dec 28, 2017 • 29 Comments Big pain and some relief for Saudi Arabia.
I’m in Awe of How Far the Scams & Stupidities around “Blockchain Stocks” are Going by Wolf Richter • Dec 28, 2017 • 89 Comments This can happen only during the very late stage of a bubble.
Peak Good Times? Stock Market Risk Spikes to New High by Wolf Richter • Dec 27, 2017 • 31 Comments Leverage, the great accelerator on the way up and on the way down.
What Will the Tax Law Do to Over-Indebted Corporate America? by Wolf Richter • Dec 22, 2017 • 49 Comments A crackdown on excessive debt. Financial engineering gets more expensive.
PG&E Suspends Dividends, “Uncertainty Related to Causes” of Bay Area Wildfires. Shares Plunge Further by Wolf Richter • Dec 21, 2017 • 77 Comments California utility goes for “cash conservation.” Investors, not just rate payers, to foot the bill.
Margin Debt, Backed by Enron-Déjà-Vu Steinhoff Shares, Hits BofA, Citi, HSBC, Goldman, BNP by Wolf Richter • Dec 19, 2017 • 57 Comments “Shadow margin” is a hot business for brokers. Now they lick their wounds.
The Hottest, Largest-Ever Cryptocurrency ICO Mindblower by Wolf Richter • Dec 18, 2017 • 86 Comments But regulators are waking up.
Where the Heck is Microsoft’s “Edge?” (Left Behind for Dead) by Wolf Richter • Dec 17, 2017 • 98 Comments In the North American Browser War, there is only one winner.
Enron Déjà Vu? Citi, BofA, HSBC, Goldman, BNP on the Hook as Steinhoff Spirals Down by Wolf Richter • Dec 8, 2017 • 55 Comments $21 billion of debt. Off-balance-sheet entities. Moody’s wakes up, downgrades it four notches, with more to come.
Fed Tightens, “and so far, Nothing Has Blown Up” by Wolf Richter • Dec 5, 2017 • 67 Comments Gundlach frets about bonds during QE unwind, rate hikes, tax cuts, and rising deficits.
