Mnuchin Deploys Stock Market Bubble as Political Weapon by Wolf Richter • Oct 18, 2017 • 127 Comments But the ballooning National Debt has disappeared from the agenda.
Wells Fargo Gets Clocked in California by Wolf Richter • Oct 17, 2017 • 65 Comments Why is Tim Sloan still CEO, asks California Treasurer as “systemic corruption and venal abuse of customers” have become “part of Wells Fargo’s brand.”
Wheezing Consumers & Slowing Economy, No Problem: UK Inflation Jumps Most in 5+ Years. Rate Hike Due in November by Wolf Richter • Oct 17, 2017 • 45 Comments The Fed leads, other central banks follow.
Why Did Sears Holdings’ Largest Outside Shareholder Suddenly Jump Overboard? by Wolf Richter • Oct 16, 2017 • 44 Comments 4th director to quit in 10 months. Bankruptcy prospects heat up.
Asset-Stripping by Private Equity Firms Is Booming by Wolf Richter • Oct 16, 2017 • 64 Comments Here are the numbers. Peak chase-for-yield by institutional investors?
Pentagon Worried about Hackers Causing Stock Market Crash by Wolf Richter • Oct 15, 2017 • 54 Comments The Pentagon?! But no one’s worried when stocks get manipulated higher.
What the Headlines Got Wrong about Retail Sales by Wolf Richter • Oct 14, 2017 • 33 Comments No, our American consumers didn’t suddenly perform a miracle.
Yellen Was Right: “Transitory” Factors of “Low” Inflation Are Reversing, with Much More to Come by Wolf Richter • Oct 13, 2017 • 76 Comments What’s Boiling Beneath the Surging Inflation?
IPO in March, Crushed Today: PE Firm Pushes another Retailer into Brick-and-Mortar Meltdown by Wolf Richter • Oct 12, 2017 • 58 Comments Why is anyone still buying retailers from private equity firms?
GM to Lay Off 1,500 More Workers, as its Car Sales Plunge Twice as Fast as Rest of Industry by Wolf Richter • Oct 12, 2017 • 93 Comments Hounded by overcapacity. But other automakers do just fine with cars.
