Brick-and-Mortar Meltdown No Problem: Online Retail Startups Shift into Brick-and-Mortar by Wolf Richter • May 16, 2017 • 81 Comments With a tinge of bitter irony and perhaps desperation.
The Backlash to Spain’s New Property Boom Has Begun by Don Quijones • May 16, 2017 • 11 Comments When locals can’t afford to live there anymore.
#Carmageddon Now: Ford to Slash 10% of its Workforce by Wolf Richter • May 16, 2017 • 62 Comments “According to people briefed on the plan.”
Hotbed of Bootleg Software, China Gets Hit Most by WannaCry by Wolf Richter • May 15, 2017 • 59 Comments Just one more reason for China to develop its own mousetrap.
What the Heck’s Going on With Cryptocurrencies? by Wolf Richter • May 15, 2017 • 106 Comments Up 10,000% in 16 months? These charts truly depict our crazy times.
It’s Really Crazy What This ECB Has Wrought by Wolf Richter • May 14, 2017 • 45 Comments In the land of NIRP refugees and “Reverse Yankees,” who will get crushed?
$500 Trillion in Derivatives “Remain an Important Asset Class”: Hilariously, the New York Fed by Wolf Richter • May 13, 2017 • 71 Comments Oh, and the unintended consequences of trying to regulate a monster.
Hit by Run on Deposits, Banco Popular Denies it’s Looking for Rushed Takeover to Avert Collapse by Don Quijones • May 12, 2017 • 26 Comments Spain’s 6th largest bank: “We have liquidity until the end of the year.”
Worst Restaurant Tailspin since 2009/2010 Crushes Lower End by Wolf Richter • May 12, 2017 • 72 Comments “Rising household debt load” to “suppress consumption, including eating out.”
The Fed Gets another Reason to Raise Rates and Unravel QE by Wolf Richter • May 11, 2017 • 56 Comments Inflation pressures further up the pipeline rise the most in 5 years.