Subprime Rises: Credit Card Delinquencies Blow Through Financial-Crisis Peak at the 4,705 Smaller US Banks by Wolf Richter • Nov 20, 2018 • 67 Comments So what’s going on here?
FANGMAN Stocks Plunge 4.4% Today, Down $905 Billion, or 20%, since Aug. 31 by Wolf Richter • Nov 19, 2018 • 131 Comments It gets costly when the entire market depends on a handful of over-hyped mega-caps.
Mall Retailers Melt Down in Four Charts by Wolf Richter • Nov 19, 2018 • 75 Comments But e-commerce is piping hot.
Will PG&E Have to File for Bankruptcy Protection? by Leonard Hyman and Willian Tilles • Nov 14, 2018 • 60 Comments For investors there is little clarity through the smoke and haze.
Oil Bust Sequel? WTI Plunges over 7% to $55 by Wolf Richter • Nov 13, 2018 • 75 Comments Whiff of short-term capitulation. But crude oil fundamentals not promising.
FANGMAN Come Re-Unglued. Debacles Sink Goldman Sachs, Apple, and — Oh Gosh, Not Again — GE by Wolf Richter • Nov 12, 2018 • 68 Comments Fears the bull market died sent people & algos scrambling out of the way.
Billions for Planes, Billowing Losses by MC01 • Nov 10, 2018 • 68 Comments The Long-Haul “Low-Cost Carrier” Business Model in a world awash in cheap money.
This is What Retail Investors Did with GE This Year as it Plunged by Wolf Richter • Nov 9, 2018 • 69 Comments Lured by the siren song of a “buying opportunity” and a fat yield.
Bank Shares in Mexico (and Beyond) Plunge as Incoming Government Threatens Core Business: Fee Gouging by Don Quijones • Nov 9, 2018 • 12 Comments Part of a global trend, as exasperated consumers are squealing, but no country has threatened to do what Mexico proposed.
Hilarious How Wall-Street Crybabies Whine about the Fed’s QE Unwind after a Decade of “Wealth Effect” by Wolf Richter • Nov 8, 2018 • 124 Comments Their “Everything Bubble” is being pricked “gradually,” and they don’t like it.
