After Mucking up Housing Market, Investors Flee by Wolf Richter • Sep 23, 2014 • 3 Comments What’s left is a toxic mix: dropping sales, still rising prices, ballooning inventories.
What Are Corporate Insiders Seeing that Makes them Dump their Shares Like This? by Wolf Richter • Sep 23, 2014 • 8 Comments In the past, they were early, but they were right.
Dropping Prices, Supply Glut Sends Oil Into Storage At Sea by Oilprice.com • Sep 22, 2014 • Comments Off on Dropping Prices, Supply Glut Sends Oil Into Storage At Sea The world is once again experiencing a period of oversupply.
They Do Ring A Bell At The Top: Alibaba Proves Wall Street Is Off Its Rocker by David Stockman • Sep 22, 2014 • 6 Comments The Chinese behind Alibaba didn’t even have to tap their home market.
Fitch Warns on What Happens to the US as Dollar’s ‘Pre-Eminent Reserve Currency Status’ Erodes by Wolf Richter • Sep 22, 2014 • 4 Comments The inevitable end of the dollar’s hegemony has consequences.
EU Caves to Powerful, Scandal-Infested Finance Paradise, the City Of London by Don Quijones • Sep 21, 2014 • 2 Comments Expect further debt crises, bank collapses, bailouts, and bail-ins.
OK, I Get It. Things Are Coming Unglued by Wolf Richter • Sep 19, 2014 • 16 Comments Obscured by stock market hoopla, and under the leadership of our fearless Treasury Secretary Jack Lew, the G-20 finance honchos fret about faltering global growth.
Shining a (Hilarious) Light on Argentina’s Black Economy by Bill Bonner • Sep 19, 2014 • 1 Comment This country will get worse before it gets better.
Iceland Officials Fret Growing Bubble Threatens Entire Pension System by Contributor • Sep 19, 2014 • Comments Off on Iceland Officials Fret Growing Bubble Threatens Entire Pension System “We’re seriously concerned.” And they’re locked in due to capital controls.
Things Worse than Slow Growth Await the US Economy by Larry Kummer • Sep 18, 2014 • 11 Comments America might start a downturn from a position of weakness unique since WW2.