EU Bad-Loan-Fiasco-Reform Loses Teeth, Adds Sweeteners for Banks (Funded by Taxpayers) by Don Quijones • Mar 20, 2018 • 9 Comments After much lobbying, guidelines for banks become “non-binding expectations,” says the ECB.
What Are We Going to Do with these Plunging Mall REITs? by Wolf Richter • Mar 19, 2018 • 57 Comments Brick & Mortar Meltdown: Weakest plunged 80%, the strongest “only” 30%.
The Price of M&A: After Gutting HP, Autonomy Strikes Again by Wolf Richter • Mar 19, 2018 • 35 Comments Micro Focus plunges 46% today, six months after its $8.8 billion acquisition of Hewlett Packard Enterprise.
What’s Going on in the Treasury Market? by Wolf Richter • Mar 18, 2018 • 45 Comments Will we see a “monetary shock?”
Why the Investment Outlook is Unappealing Going Forward by Wolf Richter • Mar 18, 2018 • 63 Comments Most asset prices, after soaring in near-unison over the past 8 years, are targeted, also in near-unison, for a haircut.
“Welcome to Hell”: Barcelona Taxi Drivers Prepare for Uber’s Return by Don Quijones • Mar 17, 2018 • 37 Comments Uber has struck a more conciliatory approach this time, but taxi drivers are not convinced.
US Gross National Debt Spikes $1.2 Trillion in 6 Months, Hits $21 Trillion by Wolf Richter • Mar 16, 2018 • 99 Comments These dang trillions are flying by so fast, they’re hard to see.
Deutsche Bank Just Never Disappoints by Wolf Richter • Mar 16, 2018 • 24 Comments Even bigger loss than reported 6 weeks ago, cost cuts abandoned, bonuses quadrupled.
The Oil Crisis That Can’t Be Stopped by Nick Cunningham • Mar 16, 2018 • 35 Comments Venezuela is “suffering the worst economic depression ever recorded in Latin America.”
Bain Capital Wins Again: $20-Billion Leveraged-Buyout Queen Topples, Biggest in Years, Another Private Equity Casualty by Wolf Richter • Mar 15, 2018 • 44 Comments iHeartMedia finally files for bankruptcy, whole sector under pressure.