Mother of all Shorts: How BlackRock Made a Killing from Spain’s Biggest Ever Corporate Meltdown by Don Quijones • Dec 21, 2015 • 8 Comments Hiring the former CEO and then shorting the shares.
What the Heck Happened to Our Santa Rally? by Wolf Richter • Dec 20, 2015 • 20 Comments The Fed speaks, markets come unglued.
Dollar-Debt Blows up in Mexico, Pushes Biggest Construction Firm toward Abyss by Don Quijones • Dec 19, 2015 • 7 Comments The oil connection.
Spain’s Biggest Bankruptcy Ever Hits Banks, Mexico, Brazil, Descends into Bitter Farce by Don Quijones • Dec 15, 2015 • 12 Comments “The big surprise was that negative profits were converted into positives.”
Freight Shipments Hammered by Inventory Glut, Weak Demand by Wolf Richter • Dec 15, 2015 • 19 Comments The goods-based economy swoons.
It Starts: Junk-Bond Fund Implodes, Investors Stuck by Wolf Richter • Dec 11, 2015 • 25 Comments And the next crisis hasn’t even begun yet.
Bond King Gets Antsy as Junk Bonds, Which Lead Stocks, Spiral to Heck by Wolf Richter • Dec 9, 2015 • 18 Comments “We are looking at real carnage….”
Toxic Mix Hits Trucking, Orders for New Trucks Totally Collapse, Pummel Manufacturers by Wolf Richter • Dec 4, 2015 • 26 Comments Slack demand and sudden overcapacity.
How This Bull Markets Ended by Contributor • Dec 3, 2015 • 28 Comments Watching it happen right before our eyes.
“Distress” in US Corporate Debt Spikes to 2009 Level by Wolf Richter • Dec 2, 2015 • 18 Comments Investors bloodied as the Great Credit Bubble implodes at the bottom.