Einhorn Vents his Frustrations about the Crazy Markets by Wolf Richter • Oct 24, 2017 • 64 Comments Why trying to bet against this madness is a widow-maker trade. Logic has nothing to do with it.
What Junk-Rated Netflix just Said about the Bond Market by Wolf Richter • Oct 24, 2017 • 121 Comments It lives in a fantasy world.
How Silicon Valley’s Dirty Tricks Helped Stall Broadband Privacy in California by Electronic Frontier Foundation • Oct 24, 2017 • 22 Comments The tech industry, including Facebook and Google, lent their support to a host of misleading scare tactics — and it’s spreading to other states.
Manhattan Office Bubble Fizzles without Big Chinese Buyers by Wolf Richter • Oct 23, 2017 • 39 Comments Sales volume in Q3 plunges 67% from a year ago.
Wall Street Piles into Cryptocurrencies, Others Speak of “Biggest Scam Ever” by Wolf Richter • Oct 23, 2017 • 141 Comments I don’t remember ever having seen crazier times of more pandemic proportions.
US Treasury Rates Hit Nine-Year Highs by Wolf Richter • Oct 22, 2017 • 77 Comments But the yield spread collapses to lowest since early in the Financial Crisis. Even the Fed is worried.
Catalonia’s Political Crisis Snowballs into an Economic Crisis by Don Quijones • Oct 21, 2017 • 58 Comments Independence would be “horrific” and amount to “financial suicide,” said Spain’s Economy Minister. But financial suicide for whom?
Is the Fed Getting Cold Feet about the QE Unwind? by Wolf Richter • Oct 20, 2017 • 125 Comments Curious things are happening on its balance sheet.
This is What it Looks Like When Credit Markets Go Nuts by Wolf Richter • Oct 19, 2017 • 65 Comments Pricing of risk kicks the bucket in record central-bank absurdity.
Petro-Plunder Worsens in Mexico by Don Quijones • Oct 19, 2017 • 11 Comments Scaring off sorely needed investments in fuel distribution systems.