Why the Investment Outlook is Unappealing Going Forward by Wolf Richter • Mar 18, 2018 • 63 Comments Most asset prices, after soaring in near-unison over the past 8 years, are targeted, also in near-unison, for a haircut.
“Welcome to Hell”: Barcelona Taxi Drivers Prepare for Uber’s Return by Don Quijones • Mar 17, 2018 • 37 Comments Uber has struck a more conciliatory approach this time, but taxi drivers are not convinced.
US Gross National Debt Spikes $1.2 Trillion in 6 Months, Hits $21 Trillion by Wolf Richter • Mar 16, 2018 • 99 Comments These dang trillions are flying by so fast, they’re hard to see.
Deutsche Bank Just Never Disappoints by Wolf Richter • Mar 16, 2018 • 24 Comments Even bigger loss than reported 6 weeks ago, cost cuts abandoned, bonuses quadrupled.
The Oil Crisis That Can’t Be Stopped by Nick Cunningham • Mar 16, 2018 • 35 Comments Venezuela is “suffering the worst economic depression ever recorded in Latin America.”
Bain Capital Wins Again: $20-Billion Leveraged-Buyout Queen Topples, Biggest in Years, Another Private Equity Casualty by Wolf Richter • Mar 15, 2018 • 44 Comments iHeartMedia finally files for bankruptcy, whole sector under pressure.
Despite Years of ECB’s QE (Ending Soon), Italy’s “Doom Loop” Still Threatens Eurozone Financial System by Don Quijones • Mar 15, 2018 • 26 Comments Even banks outside Italy have an absurdly out-sized exposure to Italian sovereign debt.
SEC Cracks Down on Silicon Valley’s “Disruptive Tech” by Safehaven • Mar 15, 2018 • 37 Comments “It’s an important lesson for Silicon Valley,” said SEC’s Jina Choi. “Innovators who seek to revolutionize and disrupt an industry must tell investors the truth….”
Sears is Dead Meat Walking, after Horrid Holiday Quarter by Wolf Richter • Mar 14, 2018 • 41 Comments Why is Sears’ CEO still touting “progress,” even in SEC filings? Why not tell investors the truth, for once?
Google Joins Facebook in Crypto Crackdown by Wolf Richter • Mar 14, 2018 • 56 Comments And cryptocurrencies plunge.
