Pharma Shares Melt Down, But Consumers Might See Relief by Wolf Richter • Aug 5, 2017 • 59 Comments Bloodbath among generics after government cracks down on price fixing.
Gambling on Argentine Politics: US Dollar vs. Short-Term Debt by Bianca Fernet • Aug 4, 2017 • 15 Comments The incredible credibility conundrum.
Euro Junk Bonds and “Reverse Yankees” Go Nuts by Wolf Richter • Aug 4, 2017 • 52 Comments Draghi’s twisted bailiwick produces a WTF chart.
Toronto Housing Bubble Pops. “Genuine Fear” of Price Collapse by Wolf Richter • Aug 3, 2017 • 140 Comments Sales volume crashes, prices plunge from April peak.
Nuclear’s Demise Continues: Another Huge Project Cancelled by Leonard Hyman and Willian Tilles • Aug 3, 2017 • 55 Comments Billions in cost overruns. Years behind schedule. Westinghouse bankruptcy didn’t help.
Mega-Banks Blow 100% of Earnings on Share-Buybacks & Dividends, Crimp Lending, Constrain Economy by Wolf Richter • Aug 2, 2017 • 94 Comments “Real economy has little to gain, and much to lose”: FDIC’s Hoenig to Senate.
As Car Sales Plunge, Auto Dealers are Not Amused by Wolf Richter • Aug 2, 2017 • 55 Comments Automakers’ efforts are “chaotic for retailers and confusing for consumers.”
Carmageddon for Hyundai, GM, Chrysler, Ford by Wolf Richter • Aug 1, 2017 • 76 Comments But not every automaker got crushed.
The Dark Underbelly of Spain’s Jobs Recovery by Don Quijones • Aug 1, 2017 • 55 Comments Where Did All the Workers Go?
Hertz “RESCINDED” Fake Promises to Investors, Shares plunge by Wolf Richter • Aug 1, 2017 • 66 Comments It didn’t even bother explaining why. Investors are left to their own devices to figure it out.