Junk Bond Issuance Collapses as “Distress Ratio” Spikes by Wolf Richter • Oct 12, 2015 • 12 Comments This is where junk debt hits stocks.
Bill Gross Seeks Revenge: Blockbuster Lawsuit Reveals Deceit, Greed, Risk-Taking, and Brutal Power Struggle at PIMCO by Wolf Richter • Oct 11, 2015 • 18 Comments This is what was going on behind the scenes, unlike anything the media reported.
Last Time that Ratio Soared like this, Stocks Crashed by Wolf Richter • Oct 9, 2015 • 26 Comments And the time before that, stocks were already crashing!
Global Shipping Veers into Capital Destruction by Wolf Richter • Oct 9, 2015 • 13 Comments Overcapacity “will be even greater than in 2009.”
While We Sleep, Corporate Execs Strip-Mine America by Larry Kummer • Oct 8, 2015 • 12 Comments But all games have an endgame.
US Economy Flies into “Coffin Corner,” But We Don’t Mind! by Larry Kummer • Oct 5, 2015 • 15 Comments What might spark a crisis?
High Priests of Global Finance Stoke Emerging Market Fears by Don Quijones • Oct 4, 2015 • 4 Comments “Hot Money” gets cold feet: the 3 steps to a panic.
This Chart Truly Depicts New, Terrible Trend in Jobs Mess by Wolf Richter • Oct 2, 2015 • 26 Comments Risks the Fed promised to banish from the globe suddenly return with a vengeance.
ECB Chief Economist: OK, I Get it, the Euro Doesn’t Work by Wolf Richter • Oct 2, 2015 • 14 Comments Chilling, with devastating charts.
Next Shoe to Drop on Stocks? Junk-Bond Meltdown Hits M&A by Wolf Richter • Sep 29, 2015 • 3 Comments A Vicious Circle.