Schlumberger Loses $1 Billion, Raises Layoffs to 30,000, Doubles Share Buybacks to $20 Billion by Wolf Richter • Jan 21, 2016 • 31 Comments A good swig of financial engineering to make the results go down better.
Facing the Reality of a Bear Market by Dan Dicker • Jan 17, 2016 • 36 Comments When will this be over?
This is Where Industrial Production Normally Meets a Recession by Wolf Richter • Jan 15, 2016 • 55 Comments It’s getting painful: only exceptions were in the early 1950s.
Chilling Thing Jamie Dimon just Said about the Economy by Wolf Richter • Jan 14, 2016 • 29 Comments “Hopefully… It’s not the beginning of something really bad.”
Canadian Stocks in Bear Market, Loonie Swoons, Crude Crashes to $16, Consumer & Business Confidence Dives… by Wolf Richter • Jan 12, 2016 • 32 Comments “Investment and hiring intentions at lowest since 2009”: Bank of Canada
Oil Plunges toward $30, Dallas Fed President Sucker-Punches any Leftover Oil Bulls by Wolf Richter • Jan 12, 2016 • 35 Comments “Even lower for even longer.”
Big Winners During Fiasco Week by Wolf Richter • Jan 10, 2016 • 16 Comments Some very unusual suspects.
Oil Plunges to $32-Handle, Chinese Stocks Crash and are Halted, Whiff of Mayhem Breaks out by Wolf Richter • Jan 7, 2016 • 48 Comments Why Oil Keeps Falling off the Chart.
Even Bankruptcy Can’t Slow US Oil Production Much, it Seems by Dan Dicker • Jan 3, 2016 • 7 Comments The resilience of fracking unexpectedly extends the timeline in this oil bust.
Happy New Year Californians: US Largest Utility Jacks up Rates the Most since 2006 Despite Collapse of Natural Gas Prices by Wolf Richter • Jan 1, 2016 • 36 Comments The power of monopoly and regulatory capture.
