We expect a crack – even a crash – in stocks this year. But that won’t be the end of it.
Throw enough money at anything, and you’ll kill it.
A sense of unwelcome reality hits non-energy junk-rated companies.
How is it possible for the average American to get poorer at a time that should have been the most productive and prosperous ever?
Time and money are running out for junk-rated energy companies.
The ECB’s QE is fraudulent credit – really dangerous, toxic stuff.
“We are not panicking” – bank CEO.
The industry is drunk with its own enthusiasm.
“Financial instability” is a euphemism for “crash.”
No respite for the American oil patch and its investors.