The Saudi/Russia Oil Deal “Just a Bunch of Bull” by Contributor • Feb 17, 2016 • 20 Comments Political baloney doesn’t fix the fundamental issue.
Sudden Death? Junk-Rated Companies Headed for Biggest “Refinancing Cliff” Ever: Moody’s by Wolf Richter • Feb 17, 2016 • 18 Comments At the worst possible time.
Downturn Now Hitting The Refining Sector by Contributor • Feb 17, 2016 • 12 Comments Watch the “crack spread.”
“Worse than 2008”: World’s Largest Container Carrier on the Slowdown in Global Trade by Wolf Richter • Feb 10, 2016 • 30 Comments “Massive Deterioration,” the CEO called the phenomenon.
What’s Booming in this Economy? Bankruptcy & Restructuring Business “Highest Since Great Recession” by Wolf Richter • Feb 8, 2016 • 10 Comments “Up over 25% from one year ago.”
The Big-Oil Bailouts Begin by Don Quijones • Jan 30, 2016 • 26 Comments The hundred-billion-dollar question.
Crushed Currency, Oil, Domestic Demand Broadside Small Businesses in Canada, Worst since March 2009 by Wolf Richter • Jan 29, 2016 • 15 Comments Alberta Falls off the Chart.
Banks Much Deeper in the Hole on Oil & Gas Collateral than they Pretend by Wolf Richter • Jan 25, 2016 • 45 Comments “All of it is in the gutter.”