Self-Sabotage: What Are US Oil Producers Thinking? by Dan Dicker • May 6, 2017 • 42 Comments This image sums up their idiocy right now: lemmings going over a cliff.
What the Layoffs at Ford’s Medium-Duty Truck Plant Mean by Wolf Richter • May 5, 2017 • 73 Comments Demand from businesses in the real economy is slumping.
Here’s What Oil Did Today and Over the Past Three Weeks by Wolf Richter • May 4, 2017 • 40 Comments It’s ugly. With a long list of culprits.
Manufacturing Might Come Back to the US, but Robots will Get the Jobs: Apple CEO by Wolf Richter • May 4, 2017 • 102 Comments Robots are the Great Equalizer.
Puerto Rico Triggers Largest Ever US Muni Bankruptcy Process by Wolf Richter • May 3, 2017 • 52 Comments “We’re going to protect our people”: Governor Rosselló. Hedge funds reel.
What Crack Spreads Say about Oil Prices by Contributor • May 3, 2017 • 11 Comments A gasoline glut as we enter the “summer driving season.”
#Carmageddon Not Yet, But Hot Air Hisses out of Auto Bubble by Wolf Richter • May 2, 2017 • 56 Comments Despite record incentives, sales decline speeds up, inventory bloat spreads to zombie malls.
Is the City of London about to Lose its Crown Jewel? by Don Quijones • May 2, 2017 • 15 Comments At stake: €1 trillion-a-DAY in euro-clearing operations & other activities.
The Great Unwind Grips the 12 Hottest US Rental Markets by Wolf Richter • May 1, 2017 • 89 Comments Peak Rent. Traces of relief for renters. Landlords scramble. But in some cheaper cities, rents soar.
Are American Debt Slaves Getting in Trouble Again? by Wolf Richter • May 1, 2017 • 153 Comments The economy depends on them, but they’re cracking.