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.”
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.