Already Crummy US Economy Takes a Sudden Hit by Wolf Richter • Dec 18, 2014 • 14 Comments One heck of a downhill ride since June, culminating in a December dive. But this time, there is no polar vortex to blame.
What the Heck Just Transpired in the Global Markets? by Wolf Richter • Dec 14, 2014 • 8 Comments Stocks, junk bonds, oil, and the bitter whiff of international chaos.
Bloodletting in the American Oil Patch Has Only Just Begun by Oilprice.com • Dec 13, 2014 • Comments Off on Bloodletting in the American Oil Patch Has Only Just Begun An attribute of this oil market is its incredible ability to breed selling as it goes lower.
Google Strikes Back Against Spanish Newspaper Cartel by Don Quijones • Dec 12, 2014 • 1 Comment Spain tried to protect its mainstream media by attacking alternative websites and bloggers with a “Google tax.” Now Google has answered.
When the Market Moves Fast, Stuff Blows Up by Contributor • Dec 12, 2014 • 2 Comments The massive moves in the dollar and oil? I assure you, someone is going to get hurt.
Oil Bust Contagion Hits Wall Street, Banks Sit on Losses by Wolf Richter • Dec 11, 2014 • 6 Comments Wall Street made a killing on the fracking and offshore booms, but now the tide turns.
Avoid This “Hideously Expensive” Market by Bill Bonner • Dec 10, 2014 • Comments Off on Avoid This “Hideously Expensive” Market Driven by central bankers who are “wiser than God.” But it might get even more hideous before this story ends.
Retailer’s Subprime Explodes, Shares Crash 40%, Junk Bonds Fall into “Price Discovery” by Wolf Richter • Dec 10, 2014 • 4 Comments Subprime is merciless when it strikes back.
Saudi Arabia Declares Oil War on US Fracking, hits Railroads, Tank-Car Makers, Canada, Russia; Sinks Venezuela by Wolf Richter • Dec 1, 2014 • 12 Comments The bloodletting is spreading.
BMW Smacks Down Elon Musk’s Tesla Collaboration Hype by Wolf Richter • Nov 28, 2014 • 28 Comments BMW insiders: Tesla CEO Elon Musk “is using us for PR purposes.” Stung by Daimler’s and Toyota’s exit, he wants to “decorate” himself with the name BMW.
