Wall Street Sells Junk Bonds, CLOs at Record Pace, But Investors Hit by “Dismal” Returns by Wolf Richter • Apr 6, 2015 • 2 Comments Parts of the greatest credit bubble in history are already self-destructing.
Calgary Housing & Office Markets Crushed, Alberta Sinks, Vacancies Spread Across Canada, but Vancouver… by Wolf Richter • Apr 5, 2015 • 12 Comments Layoffs and the collapse of oil exact their pound of flesh.
“Bad Bank” Mania Spreads in Europe by Don Quijones • Apr 5, 2015 • 2 Comments Launched to conceal the rising tide of triple-F rated toxic junk.
Coal is Dying, not just in the US. Look What’s Happening in China by Oilprice.com • Apr 4, 2015 • 12 Comments Avoid these companies.
Greece Brandishes Drachma, Threatens Euro Exit by Wolf Richter • Apr 3, 2015 • 24 Comments “What we will not do is become a protectorate of the EU.” But it backfired.
China Targets Dollar, Washington Has Conniptions by Wolf Richter • Apr 2, 2015 • 20 Comments After a bruising setback, the US government has a new opportunity to oppose China’s global financial and monetary ambitions.
“The Mother of All Bubbles” in Stocks and Bonds: Bank CEO by Wolf Richter • Apr 1, 2015 • 1 Comment He must have accidently veered off script during the press conference.
This Is Where the Oil Trains Are Going by Wolf Richter • Mar 31, 2015 • 1 Comment Time-series maps show an industry with exponential growth (and horrific accidents).
Rajoy Horror Picture Show Nears Grisly Climax in Spain by Don Quijones • Mar 31, 2015 • 4 Comments The stranglehold of the two main parties over Spain is under threat.
The “New Era” in Healthcare: Buyouts, Financial Engineering Instead of Innovation by Wolf Richter • Mar 31, 2015 • 6 Comments Last time this happened, it was a bubble, and it collapsed.