The World’s Most Expensive Oil by Oilprice.com • Jan 11, 2018 • 7 Comments Is it possible to pinpoint the world’s most expensive oil?
Fed Pays Banks $30 Billion for 2017 by Wolf Richter • Jan 10, 2018 • 78 Comments At taxpayer expense: easiest, risk-free, sit-on-your-ass profit ever.
Trump Appointees Deal Blow to Coal Industry by Nick Cunningham • Jan 10, 2018 • 50 Comments “It was unanimous.”
China Threatens to Quit Buying US Treasuries, Cites “Trade Tensions” by Wolf Richter • Jan 10, 2018 • 83 Comments A financial shot before the bow of the White House.
Once Hot Seattle Apartment Market Hit by Onslaught of Supply by Wolf Richter • Jan 9, 2018 • 27 Comments Rents fall the most in the Amazon neighborhood, as new supply piles up.
ECB Spawned Mass Culture of Financial Dependency that’s Now Very Hard to Undo by Don Quijones • Jan 9, 2018 • 40 Comments Right at the front of the monetary welfare queue is the government of Italy.
SEC Halts Trading in my Biggest “Blockchain Stock” Hero by Wolf Richter • Jan 9, 2018 • 69 Comments 11 days after I lambasted the outfit. Billions went up in smoke already.
Chap. 11 Bankruptcies Spike 107% from Year Ago by Wolf Richter • Jan 8, 2018 • 32 Comments What caused the biggest jump since the Financial Crisis?
Retail Investors Finally “Up To Their Chest” in Stocks, Become True Believers with Record Exposure by Wolf Richter • Jan 8, 2018 • 68 Comments One of the “bigger fears”: dip buyers get burned, turn into sellers, “get an exponential move to the downside.”
The Falling Dollar and China’s Foreign Exchange Reserves by Wolf Richter • Jan 7, 2018 • 66 Comments Stiffened capital controls help.