Wall Street is Running out of Time… and Money by Bill Bonner • Aug 19, 2015 • 18 Comments It’s Not Just China You Should Be Worried About.
LEAKED: GM Sees Overcapacity Fiasco in China, Hopes Americans Will Buy Lots of Chinese-Made Buicks by Wolf Richter • Aug 19, 2015 • 21 Comments The start of a tsunami. US “Manufacturing Renaissance” takes another hit.
Greek Stocks Are Down 60% Since Last Summer. Time to Buy? by Wolf Richter • Aug 18, 2015 • Comments Off on Greek Stocks Are Down 60% Since Last Summer. Time to Buy? “The thing is, everyone can’t be a contrarian at the same time.”
Canada “Getting Clocked” by Something Far Bigger than Oil by Wolf Richter • Aug 18, 2015 • 38 Comments The oil price collapse is bad, but this is worse.
Extortion Inc: Spain’s Financial Regulator in the Hot Seat by Don Quijones • Aug 18, 2015 • 2 Comments Forgery, bribery, extortion, threats, money laundering, involvement in organized crime.
Junk-Rated Offshore Drillers Headed into Bankruptcy: Fitch by Wolf Richter • Aug 17, 2015 • 5 Comments After fracking, offshore drilling.
Housing Affordability in San Francisco & Bay Area Plunges; Stocks, Interest Rates Could Trigger Epic Bust by Wolf Richter • Aug 16, 2015 • 24 Comments Others call it a “housing crisis.”
Riskiest End of the Junk Bond Market Just Blew Up by Wolf Richter • Aug 15, 2015 • 15 Comments Worst one-day hit since the Financial Crisis.
China Mess, Yuan Devaluation Spread to the US by Wolf Richter • Aug 14, 2015 • 6 Comments Elements coagulate into a toxic mix.
World’s Most Hated Major Currency Hits 11-Year Low by Wolf Richter • Aug 14, 2015 • 23 Comments Traders are uniformly betting against it, a great contrarian sign. But wait….
