Whiff of Reality at Crazy Super High-End Housing Market? by Wolf Richter • Aug 7, 2017 • 63 Comments BS asking prices meet the ax.
Wall Street Firms Win Again, Regulators Capitulate by Wolf Richter • Aug 7, 2017 • 54 Comments The Financial Crisis is forgotten. Even sounds of gentle wrist-slapping fade.
Blowback Begins for Companies in UK Ground Rents Scandal by Don Quijones • Aug 6, 2017 • 20 Comments “Why did no executive at the company say, ‘This will come back to haunt us’?”
US Auto Industry Sinks into Muck. And Canada’s? by Wolf Richter • Aug 6, 2017 • 18 Comments Wolf Richter Talks Shop on radio in Canada.
Chaos Hits Barcelona’s Tourist Industry by Don Quijones • Aug 5, 2017 • 37 Comments It’s not just the weather that’s heating up in Spain’s second city.
Pharma Shares Melt Down, But Consumers Might See Relief by Wolf Richter • Aug 5, 2017 • 59 Comments Bloodbath among generics after government cracks down on price fixing.
Gambling on Argentine Politics: US Dollar vs. Short-Term Debt by Bianca Fernet • Aug 4, 2017 • 15 Comments The incredible credibility conundrum.
Euro Junk Bonds and “Reverse Yankees” Go Nuts by Wolf Richter • Aug 4, 2017 • 52 Comments Draghi’s twisted bailiwick produces a WTF chart.
Toronto Housing Bubble Pops. “Genuine Fear” of Price Collapse by Wolf Richter • Aug 3, 2017 • 140 Comments Sales volume crashes, prices plunge from April peak.
Nuclear’s Demise Continues: Another Huge Project Cancelled by Leonard Hyman and Willian Tilles • Aug 3, 2017 • 55 Comments Billions in cost overruns. Years behind schedule. Westinghouse bankruptcy didn’t help.