The Fed is on a Mission, Doesn’t Worry about Markets: New York Fed’s Dudley by Wolf Richter • Jun 19, 2017 • 35 Comments Oh my, how things have changed since late last year.
Amazon to Slash Jobs at Whole Foods, Dump Cashiers, Switch to Cheaper Products in Price War with Wal-Mart by Wolf Richter • Jun 19, 2017 • 192 Comments Here’s something Wal-Mart could do to Amazon, just to be nasty.
German Politicians Hammer the ECB, But Only to Get Votes by Don Quijones • Jun 18, 2017 • 34 Comments They know: the Eurozone would plunge into a sovereign debt crisis all over again, only worse this time.
Tough Time for Automakers, Great Time to Buy a Car? by Wolf Richter • Jun 18, 2017 • 77 Comments Wolf Richter Talks Shop: “Carmageddon” and tips on buying a car.
San Francisco Bay Area Sheds Jobs and Workers by Wolf Richter • Jun 17, 2017 • 48 Comments Commercial and residential real estate bubbles choke the economy. The upper bounds of hype and craziness have been reached.
Fear of Contagion Feeds the Italian Banking Crisis by Don Quijones • Jun 16, 2017 • 40 Comments At first, deny, deny, deny. Then taxpayers get to bail out the bondholders.
Amazon, the Death of Brick & Mortar, Buys into Brick & Mortar by Wolf Richter • Jun 16, 2017 • 151 Comments Shares of Wal-Mart, Kroger, Costco, Target get crushed. Whole Foods soars.
Why “Suddenly Hawkish” Yellen Brushed off the Dip in Inflation by Wolf Richter • Jun 15, 2017 • 52 Comments She did her homework. And consumers got a temporary gift.
What Happens When the Machines Start Selling? by Wolf Richter • Jun 15, 2017 • 74 Comments The death of fundamental analysis.
Markets Blow off the Fed until Next “Financial Event” by Wolf Richter • Jun 14, 2017 • 69 Comments Fed lays out plan to unwind QE by $600 billion a year. Markets shrug. But “Painful sell-offs eventually materialize…”
