U.S. Shale Kills Off the Oil Price Rally by Nick Cunningham • Mar 10, 2017 • 40 Comments A shocking level of bullishness by hedge funds, then prices plunged.
Deutsche Bank Tries to Stay Alive by Wolf Richter • Mar 9, 2017 • 15 Comments “One of the hardest things to do is to shrink your way to profitability.”
Are We About to See a “European Monetary Fund?” by Don Quijones • Mar 9, 2017 • 14 Comments There’s an air of furtive desperation about the proceedings.
Why No One’s Going to Drain this Swamp by Wolf Richter • Mar 8, 2017 • 78 Comments The Financial Sector threw $2 Billion at Congress during the Election. Biggest Spenders? Not the Banks.
Atlanta Fed GDPNow Forecast Spirals Down in Amazing Manner by Wolf Richter • Mar 8, 2017 • 35 Comments Where has all the optimism gone?
“Retailers Are the New Oil & Gas,” Only Worse by Wolf Richter • Mar 7, 2017 • 88 Comments I’ve been doom-and-gloom on brick-and-mortar retail. But I haven’t been nearly doom-and-gloom enough, given the events of the past seven days. Includes my interview with The Financial Exchange, WRKO Boston.
After Years of Price Gouging, Mylan’s EpiPen Gets Crushed by Wolf Richter • Mar 7, 2017 • 35 Comments Under onslaught of new competition, monopoly status collapses.
Investor Group Attacks Snap’s No-Vote Shares, Stock plunges by Wolf Richter • Mar 6, 2017 • 61 Comments S&P 500, other indices might refuse to include stock, deflating a big part of the hype around its IPO.
Definition of Madness: Spain Needs Bigger Banks, Apparently by Don Quijones • Mar 6, 2017 • 12 Comments Not having learned a thing from merged banks that then collapsed.
The Bloodletting among Retailers Simply Doesn’t Let Up by Wolf Richter • Mar 5, 2017 • 69 Comments A very busy day in Brick-and-Mortar Fiasco Land.
