“Where’s the Money Gone?” Rescue of Spain’s Biggest-Ever Corporate Bankruptcy Stumbles in Mexico by Don Quijones • Sep 15, 2016 • 12 Comments Fleeced Mexican investors left railing against big banks and hedge funds.
That 5.2% Jump in Household Income? Nope, People Aren’t Suddenly Getting Big-Fat Paychecks by Wolf Richter • Sep 14, 2016 • 68 Comments If soothsayers want to know why men are frustrated, and more than frustrated, they can just look at the chart.
“Crazy Things” Happen with Bond Math at ZIRP & NIRP by Contributor • Sep 14, 2016 • 13 Comments Cross Asset Contagion & High Volatility in Manipulated Markets.
Self-Driving Vehicle Revolution to Wipe Out 4 Million Jobs by Wolf Richter • Sep 14, 2016 • 162 Comments But we’re not prepared.
The Chilling Thing CEOs of Corporate America Said about Jobs by Wolf Richter • Sep 13, 2016 • 56 Comments Part of the “unfortunate new normal.”
After Donating 4 Times to Hillary’s Campaign, Fed Governor Tries to Prop up the “Financial Markets” by Wolf Richter • Sep 13, 2016 • 35 Comments Angling for the job of Treasury Secretary in the Clinton administration?
Another Big Central Bank Warns on Housing Bubble, Frets about Risks to Banks, Blows Whistle on Stimulus by Wolf Richter • Sep 12, 2016 • 28 Comments House price declines have caused uproars in China, which is exactly what authorities fear more than anything. But they also fear bubbles, having seen how they implode – and cause uproars.
Barcelona just Declared War on Airbnb (and its Hosts) by Don Quijones • Sep 11, 2016 • 58 Comments It is about protecting its own racket.
Fed Dove Frets about Asset Bubbles, Wall Street Freaks out by Wolf Richter • Sep 10, 2016 • 32 Comments The Fed hawks don’t matter. The doves do!
German Exports Plunge 10% Overall, 14% to Non-EU Countries by Wolf Richter • Sep 9, 2016 • 40 Comments Something doesn’t add up.