IPOs Collapse, “Worst Year Since 2009,” Worst Dec. since 2008 by Wolf Richter • Dec 22, 2015 • 8 Comments Party over: “Pent-up supply” in a world with no demand.
Mother of all Shorts: How BlackRock Made a Killing from Spain’s Biggest Ever Corporate Meltdown by Don Quijones • Dec 21, 2015 • 8 Comments Hiring the former CEO and then shorting the shares.
What the Heck Happened to Our Santa Rally? by Wolf Richter • Dec 20, 2015 • 20 Comments The Fed speaks, markets come unglued.
Dollar-Debt Blows up in Mexico, Pushes Biggest Construction Firm toward Abyss by Don Quijones • Dec 19, 2015 • 7 Comments The oil connection.
Carnage in US Natural Gas as Price Falls off the Chart by Wolf Richter • Dec 18, 2015 • 39 Comments All eyes are on Chesapeake.
Bone-Chilling “Plateau” in Apartment Boom Resurfaces, Smartest Money Bails Out by Wolf Richter • Dec 17, 2015 • 25 Comments Last time a “plateau” was declared, the market crashed.
Fed is Raising Rates for the Opposite Reasons They Claim by Larry Kummer • Dec 17, 2015 • 24 Comments Look at the Fed’s dashed hopes!
“Perverse, Unpredictable Effects” of Negative Interest Rates: Mortgage Rates Soar in Switzerland by Wolf Richter • Dec 16, 2015 • 13 Comments The unintended consequences of NIRP.
Spain’s Biggest Bankruptcy Ever Hits Banks, Mexico, Brazil, Descends into Bitter Farce by Don Quijones • Dec 15, 2015 • 12 Comments “The big surprise was that negative profits were converted into positives.”
Freight Shipments Hammered by Inventory Glut, Weak Demand by Wolf Richter • Dec 15, 2015 • 19 Comments The goods-based economy swoons.