The Granular Detail of Miami’s Preconstruction Condo Flipping Bloodbath by Wolf Richter • Jan 31, 2017 • 40 Comments Microcosm of the condo boom-and-bust cycle.
Is Italy’s Banking Problem Becoming Too Big to Solve? by Don Quijones • Jan 30, 2017 • 35 Comments They said it was contained, but now it hit the largest bank.
What the Heck Happened to Hanjin’s Ships and the Collapsed Freight Rates? by Wolf Richter • Jan 30, 2017 • 36 Comments Bankruptcy reveals “opaque ownership.” And freight rates surge.
Condo Speculation Collapses in Miami-Dade’s Condo Glut by Wolf Richter • Jan 29, 2017 • 46 Comments Preconstruction condo flippers left twisting in the wind.
Dow Companies Report Worst Revenues since 2010, Dow Rises to 20,000 (LOL?) by Wolf Richter • Jan 29, 2017 • 46 Comments Wall Street hocus-pocus has done an awesome job.
Things Just Got Serious in Europe’s War on Cash by Don Quijones • Jan 28, 2017 • 73 Comments To protect citizens from threats as defined by apparatchiks in Brussels.
Back Below “Stall Speed”: 2016 Economy Matches Worst Year since Great Recession by Wolf Richter • Jan 27, 2017 • 47 Comments Gutted Hopes for a Strong Finish.
This Mexican Company Could Make a Killing from Trump’s Policies by Don Quijones • Jan 27, 2017 • 51 Comments Business is Business.
Deflation Probability Drops to 0% for Next Five Years by Wolf Richter • Jan 26, 2017 • 95 Comments A “horrifying threat” (lower prices) has been vanquished.
Cisco Buys 45th Company in 5 Years, Revenues Still Stagnate by Wolf Richter • Jan 26, 2017 • 46 Comments Have Cisco’s Financial Engineers Gone Nuts?