Mexican Peso Dives, Fretting Begins About Peso Crisis by Don Quijones • Jul 29, 2015 • 7 Comments “Everyone got used to playing with free, easy money. Now it’s going to cost us.”
Americans’ Economic Confidence Gets Mauled by Wolf Richter • Jul 28, 2015 • 19 Comments At first, it’s a sampling error, statistical fluke, or the weather, but suddenly it’s serious
The Bull Market Is Nearing an End by Wolf Richter • Jul 28, 2015 • 18 Comments Central Banks crushed a very effective hedge against a rout in stocks.
Wall Street Still Didn’t Get The Memo – China’s Done! by David Stockman • Jul 28, 2015 • 22 Comments China is not a sideshow; it’s the radioactive core of the entire global bubble.
Pessimism Among Oil Traders Soars to 5-Year High by Nick Cunningham • Jul 27, 2015 • 1 Comment New sense of gloom spreads, with fears of deeper trouble for US shale companies.
Corn Crashes, Other Commodities Brutalized by Wolf Richter • Jul 27, 2015 • 21 Comments Tough year in commodities gets worse fast.
Shanghai Containerized Freight Index Plunges to New Low by Wolf Richter • Jul 27, 2015 • 12 Comments Down 45% from where it was during the Financial Crisis!
How Much Worse Can the Junk-Bond Sell-Off Get? by Wolf Richter • Jul 26, 2015 • 16 Comments Acrid Smell of Burned Fingers Wafts through the Bond Market.
What the Heck Just Happened in the Global Markets? by Wolf Richter • Jul 25, 2015 • 19 Comments Getting treacherous out there.
French Government Sells Out Citizenry to Coddle Saudi Royals by Don Quijones • Jul 25, 2015 • 8 Comments The reason? The irony of Big Money.