Is Another Spanish Bank about to Bite the Dust? by Don Quijones • Jun 10, 2017 • 29 Comments Liberbank’s stockholders and junior bondholders fear a “bail-in.”
The Biggest Tech Stocks Come Unglued by Wolf Richter • Jun 9, 2017 • 65 Comments Nasdaq hits record, bounces off, plunges.
Wall Street Wakes Up to #Carmageddon by Wolf Richter • Jun 9, 2017 • 69 Comments Auto industry faces “Unprecedented Buyer’s Strike”: Morgan Stanley.
After Laying off Thousands, Boeing CEO Says Offshoring Work to China Won’t “Directly Harm” US Jobs by Wolf Richter • Jun 8, 2017 • 111 Comments “We know as we’re investing there, we’re also creating a competitor.”
“Largest Single Arms Deal in US History” Turns into “Fake News” by Wolf Richter • Jun 8, 2017 • 39 Comments Shares of US Defense Contractors not amused.
“Bail-In” Era for Europe’s Banking Crisis Begins by Don Quijones • Jun 7, 2017 • 91 Comments Many Banco Popular investors wiped out. Taxpayers off the hook. What it means for Italy.
Next Asset Bubble Cracks: It’s so Big even the Fed is Fretting by Wolf Richter • Jun 7, 2017 • 61 Comments Commercial Real Estate’s boom-and-bust cycle heads south.
San Francisco Home Prices Suddenly Go Nuts Again by Wolf Richter • Jun 6, 2017 • 85 Comments But condos have issues: “Foreign buyers have played a significant role; it is possible this demand has declined due to political issues here and in China.”
Great Debt Unwind: Bankruptcies by Consumers and Businesses Jump by Wolf Richter • Jun 6, 2017 • 145 Comments The Debt Slaves are beginning to buckle under their loads.
Toronto’s Housing Bubble Pops. “The Frenzy is Over – It’s Over” by Wolf Richter • Jun 5, 2017 • 135 Comments New listings soar as sales plunge. Prices drop 6% in just one month.