Local governments end up buying dying malls to keep them from becoming dead zones.
A gigantic spike at the very end after two of the craziest trading days I’ve seen. Here’s how my trades went. But that’s it for me. I’m staying out of this market, it’s just too crazy.
The Fed is going nuts trying to contain this.
Holy moly, that’s fast. Too fast. Desperate Fed rolls out biggest bazooka yet.
Oops, the rot runs even deeper than Muddy Waters could have imagined.
Of immediate concern is how much cash Boeing is burning due to the 737 MAX fiasco and now the coronavirus, and how much cash it can pile up to avoid a liquidity crisis.
“I’m a little worried that this could cascade.”
Hard to feel sorry for the victims of these hilariously obvious pump-and-dump schemes, but they sure got their pockets cleaned out.
Just how much lower can they go? To Zero. And the ECB’s negative interest rates are driving them closer to it.
Shares of shale oil drillers collapsed by 25%-50% today. Their bonds got massacred. Saudi-Russia price-war strategy appears successful in wiping out investors in the US shale-oil sector.