Annual US Auto Sales Fell for First Time since 2009 at GM, Ford, Fiat-Chrysler, Toyota, VW, BMW… by Wolf Richter • Jan 5, 2017 • 82 Comments The hype has been deafening, as US “car recession” spreads among largest automakers.
How Bad Will the “Bond Massacre” Get? by Wolf Richter • Jan 4, 2017 • 41 Comments Worse than the 1994 “Bond Massacre,” with “sustained double-digit losses on bonds, subpar growth in developed markets, and balance sheet risks for banking systems….”
Power & Profit Fuel War on Cash in Europe by Don Quijones • Jan 4, 2017 • 73 Comments But who benefits from the War on Cash?
Trump Tweets, Ford & GM Counter, their Shares Jump, the Peso Plunges, but the Jobs Won’t “Come Back” to the USA by Wolf Richter • Jan 3, 2017 • 65 Comments Whacked by slow demand, Ford cancels plant in Mexico, shifts car production to existing plant in Mexico.
The Bitter Reality of the Stock Market “January Effect” by Wolf Richter • Jan 2, 2017 • 26 Comments A myth gets destroyed by facts.
Shrinking Oil Giant Pemex Starts 2017 on Wrong Foot by Don Quijones • Jan 2, 2017 • 15 Comments Mexico’s ATM is stewing in a toxic mix.
The Almighty Dollar and the Currencies that Crushed it in 2016 by Wolf Richter • Jan 1, 2017 • 42 Comments A mix of deceptive calm, hair-raising craziness, and big surprises.
Is the “Trump Trade” Already Unwinding? by Wolf Richter • Dec 31, 2016 • 57 Comments Over the last ten days, markets have been jinxed, and nearly everything changed direction.
Who Exactly Benefits from Italy’s Ballooning Bank Bailout? by Don Quijones • Dec 30, 2016 • 40 Comments All these events conform to a well established script.
“A Warning for Property Investors in Australia” by Wolf Richter • Dec 30, 2016 • 97 Comments “Property Implosion?” And its impact on jobs and the economy (video).