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.
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?