Russia Wins the Currency War, Even if it Doesn’t Want to by Wolf Richter • Oct 28, 2014 • 4 Comments There are many losers when a currency gets smashed.
New Home Prices Plunge the Worst EVER (in One Ugly Chart) by Wolf Richter • Oct 28, 2014 • 7 Comments Housing Bubble 2 pops in its full glory, mess ensues.
Fracking, a ‘False Premise’ that manufactures ‘False Promises’ by Contributor • Oct 27, 2014 • 5 Comments A new report kicks the glorious fracking production numbers into disarray.
Pump and Dump: How to Rig the Entire IPO Market Without Raising ANY Money by Wolf Richter • Oct 27, 2014 • 5 Comments Just when you thought we’ve reached the peak of craziness, it gets even crazier.
What the Swiss Gold Referendum Means for Central Banks by GoldBroker.com • Oct 26, 2014 • 13 Comments The Swiss get to go to the polls and tell their central bank what to do about gold. A yes-vote will send shock waves through the gold market and other central banks.
The Mother of all Jobs in the EU by Don Quijones • Oct 25, 2014 • 11 Comments The new Eurocratic elite is worried. Deep cracks are spreading.
Low Coal Prices Are Tearing into Corporate Balance Sheets by Oilprice.com • Oct 25, 2014 • 2 Comments It’s not just the low price of oil that’s causing trouble. Coal companies too are being ravaged by low prices.
This is the Most Self-Explanatory, Ridiculously Clear Chart About Amazon I’ve Ever Seen by Wolf Richter • Oct 24, 2014 • 9 Comments And it’s one ugly dude.
What Unilever just Said About Consumers Around the World: “It’s Really Tough out There” by Wolf Richter • Oct 24, 2014 • 9 Comments Instead of a global recovery, a sudden, broad slowdown – with a plunge in China.
End of the Financial Engineering Market? by Contributor • Oct 23, 2014 • 5 Comments Maybe that’s how it ends: credit markets shut down, no more bonds, no more buybacks.