What’s Uber Really Worth? 30% Less, says SoftBank’s Offer by Wolf Richter • Nov 27, 2017 • 16 Comments But here’s how they’ll pull a bag over the public’s head about Uber’s “valuation” mirage for the IPO.
Online, Mobile Crush Everything Else this Holiday Season by Wolf Richter • Nov 27, 2017 • 49 Comments “I think that world is gone,” says Walmart US CEO about the Black Friday “mayhem” of prior years.
U.S. Energy To See Huge Investments From China by Oilprice.com • Nov 27, 2017 • 26 Comments China wants to secure its supply of LNG.
China’s Bike-Share Startup Frenzy Turns into Money-Suck by Wolf Richter • Nov 26, 2017 • 33 Comments Fresh startups with millions of dollars in funding run out of cash and collapse.
“Stocks and Economy are Totally Out Of Sync” by Wolf Richter • Nov 26, 2017 • 38 Comments Wolf Richter on “This Week in Money.”
Spain’s Third Biggest Bank Just Made it Harder to Get Cash by Don Quijones • Nov 25, 2017 • 27 Comments War on Cash bogs down, despite best efforts of government, banks, and credit card companies.
Housing Bubble 2 Hits Rough Spot in California by Wolf Richter • Nov 25, 2017 • 47 Comments Tripped up by “eroding affordability and persistently low inventory.”
Shale Hedges Threaten Oil Rally by Nick Cunningham • Nov 24, 2017 • 15 Comments Surge in hedging puts downward pressure on the oil futures curve.
Whose Private-Sector Debt Will Implode Next: US, Canada, China, Eurozone, Japan? by Wolf Richter • Nov 22, 2017 • 121 Comments Canadians, fasten your seat-belt. Here are the charts.
Could Italy’s Banking Crisis Drag Down Mario Draghi? by Don Quijones • Nov 22, 2017 • 14 Comments Just don’t mention “Antonveneta.”