This is What Retail Investors Did with GE This Year as it Plunged by Wolf Richter • Nov 9, 2018 • 69 Comments Lured by the siren song of a “buying opportunity” and a fat yield.
Bank Shares in Mexico (and Beyond) Plunge as Incoming Government Threatens Core Business: Fee Gouging by Don Quijones • Nov 9, 2018 • 12 Comments Part of a global trend, as exasperated consumers are squealing, but no country has threatened to do what Mexico proposed.
Hilarious How Wall-Street Crybabies Whine about the Fed’s QE Unwind after a Decade of “Wealth Effect” by Wolf Richter • Nov 8, 2018 • 124 Comments Their “Everything Bubble” is being pricked “gradually,” and they don’t like it.
As Regulatory Fog Thickens, Pre-Brexit Angst Takes Toll by Don Quijones • Nov 8, 2018 • 21 Comments City of London Just Lost a $240-Billion-a-day Financial Market.
The State of the American Debt Slaves, Q3 2018 by Wolf Richter • Nov 7, 2018 • 95 Comments Consumers are being lackadaisical again with their plastic.
Startup Boom a “Dangerous, High-Stakes Ponzi Scheme”: Silicon Valley Investor by Wolf Richter • Nov 7, 2018 • 60 Comments “It’s time to wait patiently as the air is slowly let out of this bizarre Ponzi balloon created by the venture capital industry.”
Flip-Flop of Prior Flip-Flop by Spanish Supreme Court Flip-Flops Bank Stocks by Don Quijones • Nov 7, 2018 • 12 Comments There’s nothing like a sympathetic Supreme Court.
Mattress Firm’s Moral Bankruptcy by John McNellis • Nov 6, 2018 • 40 Comments Moral bankruptcy may be one of the quickest preludes to Chapter 11.
The Fed Broadsides $1.3-Trillion “Leveraged Loan” Market by Wolf Richter • Nov 6, 2018 • 52 Comments In detail: ‘Collateral Stripping,’ ‘Incremental Facilities,’ ‘Cov-Lite,’ & ‘EBITDA Add-Backs’
Accelerating Toward “Peak Oil Demand” by Oilprice.com • Nov 5, 2018 • 71 Comments Now even growth engines China and India.