The Chilling Fact “Record Median Household Income” is Hiding by Wolf Richter • Sep 14, 2017 • 68 Comments Which Households Got the Spoils? Not Many. Or Why Consumer Spending Has Been Dragging for Years.
The Crushing of Equifax by Wolf Richter • Sep 13, 2017 • 115 Comments Banks, credit card companies, and other Equifax customers squeal. Consumers (the product) squeal. Congress squeals. Investors squeal.
“You Should Take the Fed at Their Word” by Wolf Richter • Sep 13, 2017 • 73 Comments Flip-flopping killed its credibility. And that’ll be a problem for the markets.
The Terrible Facts about Real Earnings of Men by Wolf Richter • Sep 12, 2017 • 124 Comments The annual income data from the Census Bureau is here. Men, sit down.
Shares of the Swiss National Bank Soar 64% in Two Months by Wolf Richter • Sep 11, 2017 • 30 Comments What the heck is going on?
Finally the Contrarian Warning from Small Investors by Wolf Richter • Sep 10, 2017 • 98 Comments They did the same in January 2000 just before the dot.com crash.
Harvey Hits Chain Restaurants – But Not Just Harvey by Wolf Richter • Sep 9, 2017 • 41 Comments Worst downturn in foot traffic and same-store sales since 2009.
Brick & Mortar Meltdown: Bon-Ton Department Stores Hires Bankruptcy Advisor by Wolf Richter • Sep 8, 2017 • 49 Comments Vitamin World to file for bankruptcy, Perfumania Holdings just filed. And Toys R Us… All in just two weeks.
Worst US Consumer Data Hack Ever? Equifax Confesses by Wolf Richter • Sep 7, 2017 • 165 Comments Your data was likely stolen. Here’s what you can do to protect yourself even after the hack, and Equifax doesn’t want you to do it.
Global Stock Prices Fueled by Ugly Earnings by Wolf Richter • Sep 7, 2017 • 43 Comments Hype works, until it doesn’t.
