Is Amazon Eating UPS’s lunch? by Wolf Richter • Jun 21, 2017 • 89 Comments You’d think Amazon’s surging sales would be a boost for UPS. But no.
This Will Whack US Auto Component Manufacturers by Wolf Richter • Jun 20, 2017 • 128 Comments New CEO Cuts Costs: Ford shifts production of compact car from Michigan and Mexico to China.
Hong Kong Warns: Its Housing Bubble is a “Dangerous Situation” by Wolf Richter • Jun 20, 2017 • 42 Comments The HK dollar is pegged to the US dollar. HK monetary policy follows the Fed. And the Fed is raising rates.
Argentina (!) Sells 100-Year Dollar-Denominated Junk Bonds by Wolf Richter • Jun 20, 2017 • 35 Comments What have central banks wrought?
The Fed is on a Mission, Doesn’t Worry about Markets: New York Fed’s Dudley by Wolf Richter • Jun 19, 2017 • 35 Comments Oh my, how things have changed since late last year.
Amazon to Slash Jobs at Whole Foods, Dump Cashiers, Switch to Cheaper Products in Price War with Wal-Mart by Wolf Richter • Jun 19, 2017 • 192 Comments Here’s something Wal-Mart could do to Amazon, just to be nasty.
German Politicians Hammer the ECB, But Only to Get Votes by Don Quijones • Jun 18, 2017 • 34 Comments They know: the Eurozone would plunge into a sovereign debt crisis all over again, only worse this time.
Tough Time for Automakers, Great Time to Buy a Car? by Wolf Richter • Jun 18, 2017 • 77 Comments Wolf Richter Talks Shop: “Carmageddon” and tips on buying a car.
San Francisco Bay Area Sheds Jobs and Workers by Wolf Richter • Jun 17, 2017 • 48 Comments Commercial and residential real estate bubbles choke the economy. The upper bounds of hype and craziness have been reached.
Fear of Contagion Feeds the Italian Banking Crisis by Don Quijones • Jun 16, 2017 • 40 Comments At first, deny, deny, deny. Then taxpayers get to bail out the bondholders.