Bloody Hell: Argentina’s Import Controls Cause Tampon Shortage by Bianca Fernet • Dec 19, 2014 • 7 Comments The real consequences of ingenious policies (warning: humor lurking).
Global Automakers Get Blasted in Russia by Ruble Crash by Wolf Richter • Dec 19, 2014 • 4 Comments This is what happens when a currency spirals out of control.
Already Crummy US Economy Takes a Sudden Hit by Wolf Richter • Dec 18, 2014 • 14 Comments One heck of a downhill ride since June, culminating in a December dive. But this time, there is no polar vortex to blame.
Housing Bubble 2: California November Home Sales Plunge to Multiyear Lows, Prices Soar by Wolf Richter • Dec 18, 2014 • 2 Comments Sales down 20% in San Francisco, but prices soar 27% to ludicrous levels.
Ruble Spirals Elegantly out of Control as Functional Currency by Wolf Richter • Dec 17, 2014 • 12 Comments Ruble collapses, Russians and bankers fret, Apple and automakers stop selling, as the government dumps its crown jewels to stem the chaos for a day.
Great Unwind of Oil-and-Gas Junk Bonds to Defund Fracking? by Wolf Richter • Dec 16, 2014 • 1 Comment Yields spike, damage spreads. Investors try to bail out while they still can.
This Is Why the Oil-Price Crash Will Maul the US Economy by Wolf Richter • Dec 15, 2014 • 18 Comments Wall Street promises a big boost to US GDP. What have these folks been smoking?
France Cut by Fitch, Kicked by Bundesbank, Jilted by Logic, Has Newfangled Solution: Sunday Shopping. And Blows it by Wolf Richter • Dec 15, 2014 • 6 Comments France comes up with another potent fix to its economic debacle. Hilarity ensues.
Spanish Judge Exposes Too-Big-to-Fail Bank Robbery by Don Quijones • Dec 14, 2014 • Comments Off on Spanish Judge Exposes Too-Big-to-Fail Bank Robbery It was all a big fat lie, and everybody – except retail investors – was in on it.
What the Heck Just Transpired in the Global Markets? by Wolf Richter • Dec 14, 2014 • 8 Comments Stocks, junk bonds, oil, and the bitter whiff of international chaos.
