Business in the Midwest Takes Worst Hit since July 2009 by Wolf Richter • Dec 31, 2015 • 19 Comments Ugly, ugly, ugly. Manufacturing and non-manufacturing.
What Secret Do Global Banks Know about Chinese Banks? by Wolf Richter • Dec 29, 2015 • 45 Comments They’re dumping their stakes.
Where’s the “Dumb Bid” in the Junk-Bond Rout? by Wolf Richter • Dec 28, 2015 • 20 Comments “Calamitous trading losses have eliminated” that “dumping ground.”
Former Hot Startup Whacked Down 60%(!?) Whither the Tech Boom? by Wolf Richter • Dec 23, 2015 • 34 Comments We hear a sharp hissing sound.
IPOs Collapse, “Worst Year Since 2009,” Worst Dec. since 2008 by Wolf Richter • Dec 22, 2015 • 8 Comments Party over: “Pent-up supply” in a world with no demand.
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.