Deflation Calamity Howlers Are Dead Wrong – in Europe and Everywhere Else by David Stockman • Jan 7, 2015 • 5 Comments The notion that a hairline puncture of the zero-inflation line is a precursor of a deflationary calamity amounts to economic voodoo.
Oil-Bust Bloodletting: Projects Cancelled, Layoffs Ripple to Other Areas, Default Hits Private-Equity and Pension Funds by Wolf Richter • Jan 7, 2015 • 10 Comments The “most reliable profit driver” has “abruptly turned sour.”
Russia Sanctions Stir Up Top-Level Mini-Revolt in Europe by Don Quijones • Jan 6, 2015 • 3 Comments Chances of finding alternative consumers of Europe’s goods and services are dimming.
Why You Can’t Buy Oil Stocks – Yet by Contributor • Jan 6, 2015 • Comments Off on Why You Can’t Buy Oil Stocks – Yet Reason is simple: oil stocks are not nearly hated enough.
Consumer Companies Issue Most Negative Guidance Ever, Despite Lower Gasoline Prices by Wolf Richter • Jan 6, 2015 • 16 Comments But the oil-price crash was supposed to goose consumer spending.
The Future of Fracking as Oil Price Crashes: ‘When Will People Stop Giving these Companies Money?’ by Oilprice.com • Jan 5, 2015 • 12 Comments Energy expert Arthur Berman offers a dose of reality.
In 2015, it Boils Down to this: Argentina Will Not Pay Because President Christina Doesn’t Want to by Bianca Fernet • Jan 4, 2015 • 9 Comments It’s as simple as that because as of January 1, Argentina actually could pay.
What Macau Just Said About China’s Economy by Wolf Richter • Jan 3, 2015 • 6 Comments The worst plunge in its history after years of phenomenal growth.
Peak Irony in No-Exit Union: As Grexit Chaos Resurges, Lithuania Joins by Don Quijones • Jan 2, 2015 • 8 Comments Official secrecy, obfuscation, and deception rule.
Oil-Price Plunge Triggers Layoffs in the US, Businesses Shutter by Oilprice.com • Jan 2, 2015 • 2 Comments The crash bedevils the markets. Companies react. Damage spreads in the US oil patch.