China Containerized Freight Index Plunges to Multi-Year Low, Shanghai-EU Rates Totally Collapse, US Rates Morose by Wolf Richter • May 4, 2015 • 17 Comments Something is going on in the shipping business – and beyond – to create this gloom.
Australia’s Sacred Cow Threatens Banking System by Lindsay David • May 4, 2015 • 5 Comments “Negative gearing” pushes overpriced housing market toward disaster.
Water Crisis: Lake Mead, Largest US Reservoir, Faces Federal “Water Emergency,” Forced Rationing by Wolf Richter • May 3, 2015 • 23 Comments 40 million people, including the folks in Los Angeles, depend on its water.
This Is What Happened When An Aussie Read My Book on Japan by Wolf Richter • May 2, 2015 • 14 Comments “An absolute tour de force.”
Housing Bubble 2: Investor Purchases Hit Record, Small Investors Pile in, ‘Smart Money’ Gets Out by Wolf Richter • May 1, 2015 • 21 Comments Here are the cities and the state where investors are the new majority.
Angela Merkel’s NSA Nightmare Just Got A Lot Worse by Don Quijones • May 1, 2015 • 4 Comments What did she know, and when?
Stocks in This Totally Hyped Sector Are Crashing by Wolf Richter • Apr 30, 2015 • 9 Comments Bubble implodes, investors who bought into the hype get crushed.
Caving In to Corporatism: Endgame for Secret “Trade” Pact Negotiations by Don Quijones • Apr 30, 2015 • 10 Comments Voters don’t support that program. Hence the need for secrecy, obfuscation, and lies.
Atlanta Fed’s “GDP Now” Model Totally Nailed Ugly Q1, “Blue-Chip” Economists Ludicrously Optimistic by Wolf Richter • Apr 29, 2015 • 6 Comments Hype mongers on Wall Street were shocked and appalled to see reality.
Record Financial Engineering Will Goose Stocks: Goldman by Wolf Richter • Apr 28, 2015 • 7 Comments To heck with crummy revenues and earnings.