European Banks Get Crushed, Worst 2-Day Plunge Ever, Italian Banks to Get Taxpayer Bailout, Contagion Hits US Banks by Wolf Richter • Jun 27, 2016 • 73 Comments The banking crisis jumps to the next level.
UK Pound Collapses, Nikkei, European Futures Crash, Oil Dives, Gold & Bonds Soar as Brits Choose “Leave” by Wolf Richter • Jun 24, 2016 • 108 Comments Bookies turn into goofballs as financial carnage breaks out.
From Investment-Grade to Bankruptcy in 4 Months: Why Ratings Agencies are Still a Joke by Wolf Richter • Jun 21, 2016 • 32 Comments Whom are they trying to fool?
US Freight Drops to Worst May since 2010 by Wolf Richter • Jun 20, 2016 • 26 Comments Goods economy sinks, drags down trucking & railroads.
Share-Buyback Announcements Plunge, Stocks Risk Getting Clocked by Wolf Richter • Jun 20, 2016 • 28 Comments Who’s going to replace that “relentless bid?”
What the Heck’s Going on in Global Stocks? by Wolf Richter • Jun 19, 2016 • 44 Comments The NIRP Rout.
Age Discrimination on LinkedIn Hitting ever Younger Ages? by Wolf Richter • Jun 17, 2016 • 103 Comments Even early Millennials?! Um, the algos did it.
Why this Economy Feels Even Crummier than the Data by Wolf Richter • Jun 15, 2016 • 55 Comments $271 billion in total business sales officially disappear: Census
What Dun & Bradstreet just Said about Business in America’s Relentlessly Tough Economy by Wolf Richter • Jun 12, 2016 • 18 Comments The winners and losers.
Why the Standard 60/40 Stock & Bond Portfolio Won’t Survive the Next Decade by Contributor • Jun 11, 2016 • 22 Comments Investors are in for a lot of pain as the Sharp Ratio reverts to mean.