Why do Billionaires Keep Buying US Newspapers despite their “Terrible Future,” as Buffett Said? by Wolf Richter • Feb 20, 2018 • 68 Comments Today Buffett’s own newspaper conglomerate announced the 2nd round of layoffs in 10 months. Here are the billionaires that bought US papers.
How GM Is Shaking Down South Korean Taxpayers by Wolf Richter • Feb 20, 2018 • 39 Comments The threat of Carmageddon for jobs.
“Blockchain” Stocks Completely Disintegrate by Wolf Richter • Feb 18, 2018 • 63 Comments Black Friday for them. Meet the OTC’s “skull and crossbones.”
What’s Going on with Stocks, Gold, Silver, Oil, and Mortgages? by Wolf Richter • Feb 18, 2018 • 26 Comments Was the selloff in stocks just a brief correction, or a sign of greater significance?
“Financial Stress” Spikes. Markets, Long in Denial, Suddenly Grapple with New Era by Wolf Richter • Feb 15, 2018 • 22 Comments Fed’s monetary policy shift is finally taking hold. It just took a while.
Big Reset Looms for Corporate Credit Market by Wolf Richter • Feb 14, 2018 • 55 Comments Market still blows off Fed, Treasury selloff, and volatility in stocks.
Record Short Bets against 10-Year Treasury Promise Turmoil by Wolf Richter • Feb 13, 2018 • 38 Comments A very crowded trade goes begging for a contrarian reaction.
Wholesale Power Generators to Get Hurt by Grid Batteries by Leonard Hyman and Willian Tilles • Feb 13, 2018 • 46 Comments A utility in Texas takes first steps. Incumbents not amused.
What Crushed Stocks? by Wolf Richter • Feb 11, 2018 • 89 Comments Treasury yields don’t matter – until they do. Mortgage rates jump.
Bridgewater Bets Big against Largest Banks in Spain & Italy by Don Quijones • Feb 10, 2018 • 21 Comments World’s largest hedge fund puts down $13 Bn to profit from trouble in the EU