It Just Doesn’t Let Up with Wells Fargo by Wolf Richter • Jul 29, 2017 • 90 Comments New scandal: another 570,000 (800,000?) customers become victims.
P&G Slashed Digital Ad Spending. This is What Happened Next by Wolf Richter • Jul 28, 2017 • 131 Comments Procter & Gamble got tired of feeding an opaque, slimy industry of bots and fake clicks.
UK’s “Ground Rent Scandal” is Wrecking Homeowners by Don Quijones • Jul 28, 2017 • 70 Comments The Global Rentier Economy is now on steroids.
Markets Relax Merrily on a Powerful Time Bomb by Wolf Richter • Jul 27, 2017 • 59 Comments Magnitude is unknown but huge. Brokerages push it to new heights.
“Junk Equity” Comes to Haunt $30-billion Startup by Wolf Richter • Jul 26, 2017 • 53 Comments Snap Inc. tried to turn Big Investors into zombies. It didn’t work.
Risk has been Abolished, According to Institutional Investors by Wolf Richter • Jul 26, 2017 • 47 Comments Why? Wall Street sells “more financial products and generates more profits when investors are bullish.”
Hyundai-Kia Brutally Crushed in China, Mauled in the US by Wolf Richter • Jul 25, 2017 • 49 Comments Its largest & second largest markets. In how much trouble is it?
Stunning Lack of Market Decline Highlights Surreal New Normal by Contributor • Jul 25, 2017 • 56 Comments Investors are conditioned to believe the Fed has got their back. But they might be wrong.
“Probably Not a Coincidence that the Prime Minister and I Were in Seattle meeting with Warren Buffett” by Wolf Richter • Jul 24, 2017 • 113 Comments Canadian Finance Minister Boasts about Crony Capitalist Bailout of collapsed mortgage lender. But his assumptions might be wrong.
Oslo Housing & Trade Balance Say: Tipping Point in Norway by Contributor • Jul 24, 2017 • 28 Comments Time to Short the Norwegian Krone?