Saudi, US Oil Inventories Hit Record High as Demand Fizzles by Wolf Richter • Oct 19, 2015 • 18 Comments Crude oil inventory buildup points at a potential fiasco by next spring.
Pummeled by Lousy Global Demand and Rampant Overcapacity, China Containerized Freight Index Collapses to Worst Level Ever by Wolf Richter • Oct 19, 2015 • 19 Comments Bitter reality is setting in.
The Dismal Thing Schlumberger Just Said about US Oil by Wolf Richter • Oct 18, 2015 • 27 Comments 2016 to be brutal. But then, dreams of “a potential spike in oil prices.”
“Political Show Trial” of Catalonia’s Premier over Independence Referendum Hits Raw Nerve by Don Quijones • Oct 17, 2015 • 4 Comments Conflict with Spain Gets More Dangerous
Moody’s Warns “of Jarring Slowdown” in Jobs, Jumps on Recession Bandwagon by Wolf Richter • Oct 16, 2015 • 22 Comments And warns of “reduced access to financial capital.”
Big VW Investors Lose Shirts, Blame Lobbying by Don Quijones • Oct 16, 2015 • 22 Comments The Exquisite Irony of Dieselgate.
Wrath of Financial Engineering: It’s Now Eating into Earnings by Wolf Richter • Oct 15, 2015 • 25 Comments Balance sheet deterioration “increasingly alarming”: Goldman
What Will Cause the Next Recession? by Larry Kummer • Oct 15, 2015 • 17 Comments Expect the unexpected.
The Chilling Thing Wal-Mart Said about Financial Engineering by Wolf Richter • Oct 14, 2015 • 33 Comments Once financial engineering fails, all bets are off.
Resource Investors, Be Wary… by Contributor • Oct 14, 2015 • 10 Comments Massive destruction of value can happen in this sector.