Meanwhile in China, Implosion of Stock-Market Double-Bubble by Wolf Richter • Sep 17, 2018 • 45 Comments Bubbles don’t end well for those who don’t get out in time.
Gangs of Oil Thieves Expand Their Business Model by Don Quijones • Sep 17, 2018 • 13 Comments Systematic “Petro-Plunder,” as we’ve come to call it, eats into Mexico’s energy sector.
What Can Cause the Next Mortgage Crisis in the US? by Wolf Richter • Sep 16, 2018 • 96 Comments The soothingly low mortgage delinquency rate is a deceptive indicator: the New York Fed weighs in.
Why Have US Electricity Sales Surged in 2018, after Stagnating for Years? by Leonard Hyman and Willian Tilles • Sep 15, 2018 • 54 Comments And why was coal left behind?
Collapse of Outsourcing Giant Carillion May Have Silver Lining by Don Quijones • Sep 15, 2018 • 21 Comments “Cash retentions” by large companies come under attack in the UK.
My “Free” Advice for Sears Holding CEO Eddie Lampert by Wolf Richter • Sep 14, 2018 • 103 Comments “Don’t write any more blog posts to blame pensioners for the collapse of Sears Holding after you wasted $5.8 billion on share buybacks.”
Dead Meat Walking: Sears Revenue & Store Count to Hit Zero by 2020 by Wolf Richter • Sep 13, 2018 • 54 Comments Defying my dictum that nothing goes to hell in a straight line.
What Truckers & Railroads Said About the Economy: Blistering Demand is Backing Off, Cyclicality Lives by Wolf Richter • Sep 13, 2018 • 15 Comments But the cost of shipping surges, no holds barred.
Census Bureau Reveals Grim Facts about Real Earnings of Men by Wolf Richter • Sep 12, 2018 • 133 Comments Women weren’t so lucky either. But who got the spoils?
What Will These Mortgage Rates Do to Homeowners Trying to Refinance, Homebuyers, and Mortgage Lenders? by Wolf Richter • Sep 12, 2018 • 50 Comments Refinancing activity plunges to the lowest level since 2000.