This Oil Sector Hasn’t Crashed Yet… But It’s About to by Contributor • Mar 22, 2016 • 5 Comments Suddenly, all of the reasons refiners were profitable have vanished.
It Starts: San Francisco Office Boom Deflates, but Fitch Says It’s “Unlikely to Collapse” this Time by Wolf Richter • Mar 22, 2016 • 27 Comments Other tech-heavy office markets too.
Subprime Nightmare on Wall Street for TBTF Grupo Santander by Don Quijones • Mar 21, 2016 • 14 Comments SEC gets edgy. Investors get crushed.
Share Buybacks Turn Toxic by Wolf Richter • Mar 21, 2016 • 46 Comments Something broke in the gears of financial engineering!
Why the “Stubborn Persistence of Optimism” by Stock Analysts? by Wolf Richter • Mar 20, 2016 • 33 Comments “What do you think investors on Wall Street most underappreciate about Valeant?” – Morgan Stanley analyst to CFO on eve of implosion.
China Hard Landing Hits Electricity Consumption by Wolf Richter • Mar 19, 2016 • 36 Comments Chairman of a large power company slips, apparently.
Catalonia Nears Default, Threatens Spain’s Debt by Don Quijones • Mar 19, 2016 • 9 Comments The Central Government blinks.
What Happened to Nuclear Power in the US? by Wolf Richter • Mar 18, 2016 • 51 Comments Falling electricity demand and the energy glut.
Political Turmoil Rages in Brazil, Puts Oil Industry On Edge by Nick Cunningham • Mar 18, 2016 • 8 Comments During the worst economic recession in a century.
Super-Luxury Homes Hit by Reversing “Wealth Effect” by Wolf Richter • Mar 17, 2016 • 54 Comments Wall Street’s “Smart Money” with impeccable timing.
