Mergers Collapse, Bubble Deflates, Debris Hits Hedge Funds by Wolf Richter • May 12, 2016 • 70 Comments The “arbs” got caught on the wrong side of the M&A collapse.
China Inc. Tries to Buy the World, with Impeccable Timing by Wolf Richter • May 11, 2016 • 64 Comments New king of foreign M&A, at peak prices, funded by state-owned banks.
Another Asset Bubble Cracks: Art Sales Plunge by Wolf Richter • May 10, 2016 • 81 Comments “As far as I am concerned, this is a catastrophe.”
Creditors Stumble into New Black Hole at Energy Giant Abengoa by Don Quijones • May 10, 2016 • 32 Comments Accounting tricks come home to roost.
How Wall-Street Hocus-Pocus Inflates S&P 500 Revenues by Wolf Richter • May 9, 2016 • 36 Comments But even the well-oiled machine couldn’t hide the decline.
US Commercial Bankruptcies Skyrocket by Wolf Richter • May 5, 2016 • 25 Comments The credit cycle begins to unravel.
Freight Rail Traffic Plunges: Haunting Pictures of Transportation Recession by Wolf Richter • May 4, 2016 • 108 Comments Majestic sight: 292 Union Pacific engines idled in Arizona Desert.
This is Why No One Should Bail Out the “Smart Money” Stuck in Brick-and-Mortar Retailers: Let them Shed their Own Tears by Wolf Richter • May 3, 2016 • 74 Comments Another bankruptcy. Toxic Safeway-Albertsons combo waiting in the wings.
Google Growing on Fumes: Something Is Rotten in the State of Online Advertising by Contributor • May 3, 2016 • 54 Comments “Google Bubble” getting ready to deflate?
What the Heck is Going on With the Dollar and “Fear?” by Wolf Richter • May 1, 2016 • 76 Comments “Speculators are losing faith.”