Look at the Economy, Fight the Illusion of Normality, Feel the Weirdness. by Larry Kummer • Oct 10, 2014 • 14 Comments The re-thinking has already begun. It’s a form of scientific revolution.
Last Time It Was This Crazy, the Stock Market Crashed by Wolf Richter • Oct 9, 2014 • 11 Comments Mega-Startups go parabolic. Flame-out already happening.
Credit Bubble Begins to Exact its Pound of Flesh: GT Advanced Tech Soars, Crashes, and Burns by Wolf Richter • Oct 6, 2014 • 4 Comments Weighed down by soaring debt, it declares bankruptcy. Stock loses 92% in one day. From $20 to $0.80 in 3 months. A harbinger.
Junk Bond Bubble Cracks, Destroys Stocks One at a Time by Wolf Richter • Sep 30, 2014 • 5 Comments Party turns into bloodbath. Happening right now beneath the surface of the S&P 500.
Small Investors Flash Warning Sign by Wolf Richter • Sep 29, 2014 • 2 Comments They buy near the top and sell near the bottom, getting fleeced at each market swoon. With broader consequences.
BofA Merrill Lynch: the Four “Canaries in the Coalmine” Died by Wolf Richter • Sep 26, 2014 • Comments Off on BofA Merrill Lynch: the Four “Canaries in the Coalmine” Died They indicate “an inflection point,” as they did in 2008 and 2011. Even relentlessly exuberant VCs are warning.
After Mucking up Housing Market, Investors Flee by Wolf Richter • Sep 23, 2014 • 3 Comments What’s left is a toxic mix: dropping sales, still rising prices, ballooning inventories.
What Are Corporate Insiders Seeing that Makes them Dump their Shares Like This? by Wolf Richter • Sep 23, 2014 • 8 Comments In the past, they were early, but they were right.
Fitch Warns on What Happens to the US as Dollar’s ‘Pre-Eminent Reserve Currency Status’ Erodes by Wolf Richter • Sep 22, 2014 • 4 Comments The inevitable end of the dollar’s hegemony has consequences.
OK, I Get It. Things Are Coming Unglued by Wolf Richter • Sep 19, 2014 • 16 Comments Obscured by stock market hoopla, and under the leadership of our fearless Treasury Secretary Jack Lew, the G-20 finance honchos fret about faltering global growth.