Crypto-Mania Collapse Update: $638 Billion Gone by Wolf Richter • Sep 9, 2018 • 145 Comments Of the seven biggest, six have plunged by 78% to 92%. And there are now nearly 2,000 of them.
What to Do with $13-Bn Airport Project Steeped in Corruption & Cost Overruns? Reality Check for Mexico’s President-Elect by Don Quijones • Sep 8, 2018 • 35 Comments A classic lose-lose scenario for taxpayers that’s making the world’s richest even richer.
What the US Heavy-Truck Market is Saying by Wolf Richter • Sep 7, 2018 • 33 Comments It’s cyclical: When will the biggest-ever boom end?
Credit-Cardholders & Bank Customers Burned Again as New IT Chaos Breaks Out in the UK by Don Quijones • Sep 7, 2018 • 37 Comments The payments industry deplores it, but cash is starting to look pretty good, and central banks agree: “We do not foresee a totally cashless society”: ECB
The Fed’s QE Unwind Hits $250 Billion by Wolf Richter • Sep 6, 2018 • 76 Comments Here’s my math when this “balance sheet normalization” will end.
Be Careful What You Wish For: Weak Mass-Tourism Threatens Spain’s Five-Year Economic Recovery by Don Quijones • Sep 6, 2018 • 53 Comments It is impossible to overstate the importance of tourism to Spain’s economy.
As Musk Goes Nuts Publicly, Tesla Bondholders Get Antsy by Wolf Richter • Sep 5, 2018 • 139 Comments In terms of Tesla’s survival, this poses a problem.
These “Gradual” Rate Hikes Start to Add Up: US Treasury Yields up to Three Years Hit 10-Year Highs by Wolf Richter • Sep 5, 2018 • 53 Comments An entire generation on Wall Street has never seen Treasury yields this high.
My Theory about Gold and Silver for Long-Term Investors by Wolf Richter • Sep 4, 2018 • 179 Comments Why are these trends so long and so big — both, up and down?
The Experience of Actually Buying Physical Gold by WOLF STREET Reader • Sep 4, 2018 • 49 Comments A WOLF STREET reader shares his experience and emotional tension of buying and taking possession of physical gold.