US Economy Heads Toward Zero Growth in Q1 by Wolf Richter • Mar 25, 2015 • 11 Comments Wall Street’s promise of “Escape Velocity” becomes a joke.
Ketchup & Mac Merger Emblematic of “Fatally Deformed American Capitalism” by David Stockman • Mar 25, 2015 • 4 Comments Kraft shareholders, $12 billion richer, should send a case of Cristal to Janet Yellen.
Surprise Attack: French Megabank Slams Draghi’s Currency War by Wolf Richter • Mar 24, 2015 • 3 Comments “Nothing is happening inside the Eurozone that favors growth.”
The “Insanity Trade:” Where Does It Go From Here? by Wolf Richter • Mar 24, 2015 • 15 Comments “Bond Bubble becomes more extreme” and stocks are “overvalued,” say 11,000 financial professionals – but where’s the dang sell-button?
Wall Street Banks Hit by Oil & Gas Defaults, Bankruptcies by Wolf Richter • Mar 23, 2015 • 3 Comments Even Yellen had warned banks about these loans.
Dumping American Junk in Europe, Draghi Asked for it by Wolf Richter • Mar 20, 2015 • 8 Comments This is just the beginning, a new trend that’ll turn into the next craze.
Sign of a Stock Market “Top” at a Classic Car Auction by Wolf Richter • Mar 19, 2015 • 13 Comments Fearless American investors, white-hot classic cars, and breath-taking prices.
Household Debt Soars in Canada, “Stability” at Risk by Wolf Richter • Mar 12, 2015 • 12 Comments Just when oil collapsed, housing stumbled, and layoffs began.
The Great Immoderation: How The Fed Is Sowing The Next Recession by David Stockman • Mar 11, 2015 • 6 Comments At some point, realty protrudes.
The End of the Great Debt Cycle by Bill Bonner • Mar 10, 2015 • 3 Comments Economists who still have their wits about them – if there are any left – are baffled.