Who Gets Hit by Mortgage Losses in Harvey and Irma Areas? by Wolf Richter • Sep 19, 2017 • 68 Comments “We need to ask for a policy change; the burden with these losses is too big.”
Holy Moly, Now Wells Fargo Recommends a Credit Freeze in Equifax Hack by Wolf Richter • Sep 17, 2017 • 72 Comments Third largest US bank reaches out to its customers. A mass Credit Freeze would have a huge impact.
“You Should Take the Fed at Their Word” by Wolf Richter • Sep 13, 2017 • 73 Comments Flip-flopping killed its credibility. And that’ll be a problem for the markets.
Shares of the Swiss National Bank Soar 64% in Two Months by Wolf Richter • Sep 11, 2017 • 30 Comments What the heck is going on?
Finally the Contrarian Warning from Small Investors by Wolf Richter • Sep 10, 2017 • 98 Comments They did the same in January 2000 just before the dot.com crash.
Logical and Illogical Reasons to Short Tesla by Oilprice.com • Sep 8, 2017 • 54 Comments “Knowing that something could be bad for you is not always a barrier when temptation rears its head.”
Brick & Mortar Meltdown: Bon-Ton Department Stores Hires Bankruptcy Advisor by Wolf Richter • Sep 8, 2017 • 49 Comments Vitamin World to file for bankruptcy, Perfumania Holdings just filed. And Toys R Us… All in just two weeks.
Global Stock Prices Fueled by Ugly Earnings by Wolf Richter • Sep 7, 2017 • 43 Comments Hype works, until it doesn’t.
Markets Throw Hissy-Fit about US Default by Wolf Richter • Sep 5, 2017 • 69 Comments With peculiar consequences.
Banks Earn Record Profits in Q2, Savers Sacrificed: FDIC by Wolf Richter • Aug 22, 2017 • 57 Comments $9 trillion in deposits go a long way.