UBS’s Puerto Rico Bond Funds Implode, “Collateral Value” Drops to Zero, Investors Screwed by Wolf Richter • Jul 24, 2015 • 27 Comments Unleash the lawyers!
Time for “Distressed Investing” in Commodities, Gold? by Contributor • Jul 24, 2015 • 19 Comments Distressed investors are a different breed of cat. Like repo men, they do well when everyone else gets hammered.
The Mother of All Storms Builds Over Catalonia’s Independence by Don Quijones • Jul 23, 2015 • 12 Comments Ugly repercussions far beyond Spanish borders.
The Chilling Thing China’s Electricity Consumption Just Said about the Economy by Wolf Richter • Jul 23, 2015 • 26 Comments Power consumption actually fell in 9 provinces.
World Trade Drops Most Since Financial Crisis by Wolf Richter • Jul 22, 2015 • 17 Comments The reason corporate revenues are so crummy?
The Advertising Glut Dooms Social Media Industry by Larry Kummer • Jul 22, 2015 • 18 Comments A death spiral, except for a few big winners.
Argentine Peso Crashes, “Blue Dollar” and Unease Rise by Bianca Fernet • Jul 22, 2015 • 4 Comments A “speculative attack” by the people?
It’s Happening: Debt Is Tearing up the Fracking Revolution by Wolf Richter • Jul 21, 2015 • 14 Comments Running out of cash.
US Coal Producers Dropping Like Flies by James Stafford • Jul 21, 2015 • Comments Off on US Coal Producers Dropping Like Flies An unprecedented wave of turmoil in just the last few weeks.
Americans’ Economic Confidence Gets Whacked by Wolf Richter • Jul 21, 2015 • 19 Comments At first we thought it might have been a blip, a short-term thing.
