Great American Oil Bust Rages on; Defaults, Bankruptcies Soar by Wolf Richter • Jul 12, 2016 • 30 Comments How much worse is 2016 than 2015?
Why this Won’t Work out: Rampant Rent Inflation Collides with Stagnant Incomes by Wolf Richter • Jul 12, 2016 • 64 Comments Unlike stocks, a housing bubble can only go so far.
Congress: “Too Big to Jail: Inside the Obama Justice Department’s Decision Not to Hold Wall Street Accountable” by Wolf Richter • Jul 11, 2016 • 50 Comments A galling read by the US House of Representatives on its 3-year investigation.
Global Investment to Plunge, Trade to Languish, on “Depressed” Demand: G-20 Trade Ministers by Wolf Richter • Jul 11, 2016 • 23 Comments What China said the G-20 projected at the Shanghai meeting.
Who’s Most Afraid of Contagion from Italy’s Bank Meltdown? by Don Quijones • Jul 10, 2016 • 40 Comments French and German banks.
Keep an Eye on the Dollar: It’s More Important than Ever by Oilprice.com • Jul 9, 2016 • 26 Comments Global demand is the main concern right now.
Fear, Loathing & Record Money-Making in Government Bonds by Wolf Richter • Jul 9, 2016 • 51 Comments Here’s the gloomy scenario the “smart money” is betting on.
Brexit Plows into British Consumers, Economy to Spiral Down by Wolf Richter • Jul 8, 2016 • 38 Comments Consumer confidence plunges the most since 1994.
Is this What Hit Housing in San Francisco, Manhattan, and Miami? Suddenly, Foreign Investors Pull Back… by Wolf Richter • Jul 7, 2016 • 51 Comments Oh no! Not now! Chinese investors buy fewer homes in the US.
Did the EU just Kill Trade Pacts CETA and TTIP with Canada & the US? Or is it a Perfect Trap? by Don Quijones • Jul 7, 2016 • 12 Comments The mother of all ironies.
