UBS Warns: Spain’s “Most Italian Bank” Runs Out of Options by Don Quijones • Jan 11, 2017 • 8 Comments The bank-bailout business rages on.
Boeing: Three More Waves of Layoffs in 2017, as Orders Collapse to 7-Year Low. Shares Near All-Time High by Wolf Richter • Jan 10, 2017 • 43 Comments That Great Global Economy.
What’s Going on with the Banks? Citi Cuts Goldman to “Sell,” after Goldman Cut Citi to “Neutral” by Wolf Richter • Jan 10, 2017 • 18 Comments Circular firing squad? But bank stocks have soared for three months.
Get Ready for China’s Hot New Export Product: Inflation by Wolf Richter • Jan 10, 2017 • 82 Comments Coming soon to a store near you.
What 1 Million US Jobs? Dreading a Trade War, China Sends Alibaba’s Jack Ma to Trump for some Fence Mending by Wolf Richter • Jan 9, 2017 • 71 Comments Carrot and Stick. Now a friendly chat among billionaires who presumably see eye-to-eye.
Commodities Bust Crushes Incomes, House Prices, & Rents in Western Australia by Wolf Richter • Jan 9, 2017 • 28 Comments “Ponzi finance schemes are struck firmly in reverse gear.”
Hideous Constellation of Threats and Challenges Facing Mexico by Don Quijones • Jan 8, 2017 • 86 Comments The Risk of Contagion of a full-blown Mexican crisis is far greater today than it was during the Tequila Crisis 22 years ago.
Evictions by Wall-Street Mega-Landlords Soar, Financialization of Rents Cause “Housing Instability”: Atlanta Fed by Wolf Richter • Jan 7, 2017 • 106 Comments It blames the Fed & Bernanke; the dark side of “healing” the housing market.
The Thing in the Jobs Report that Gives the Fed the Willies by Wolf Richter • Jan 6, 2017 • 82 Comments It’s all about cheap labor.
The Oil Supply Glut is Here to Stay in 2017 by Irina Slav • Jan 5, 2017 • 31 Comments This does not bode well for price trends over the next 12 months.
