Why No One’s Going to Drain this Swamp by Wolf Richter • Mar 8, 2017 • 78 Comments The Financial Sector threw $2 Billion at Congress during the Election. Biggest Spenders? Not the Banks.
Atlanta Fed GDPNow Forecast Spirals Down in Amazing Manner by Wolf Richter • Mar 8, 2017 • 35 Comments Where has all the optimism gone?
“Retailers Are the New Oil & Gas,” Only Worse by Wolf Richter • Mar 7, 2017 • 88 Comments I’ve been doom-and-gloom on brick-and-mortar retail. But I haven’t been nearly doom-and-gloom enough, given the events of the past seven days. Includes my interview with The Financial Exchange, WRKO Boston.
After Years of Price Gouging, Mylan’s EpiPen Gets Crushed by Wolf Richter • Mar 7, 2017 • 35 Comments Under onslaught of new competition, monopoly status collapses.
Investor Group Attacks Snap’s No-Vote Shares, Stock plunges by Wolf Richter • Mar 6, 2017 • 61 Comments S&P 500, other indices might refuse to include stock, deflating a big part of the hype around its IPO.
The Bloodletting among Retailers Simply Doesn’t Let Up by Wolf Richter • Mar 5, 2017 • 69 Comments A very busy day in Brick-and-Mortar Fiasco Land.
This is Worse than Before the Last Three Crashes by Wolf Richter • Mar 4, 2017 • 105 Comments So how long before the stock market hits the wall?
OK, I Get It, None of My Data is Safe. But I Did Something Nasty that Helps a Lot by Wolf Richter • Mar 3, 2017 • 28 Comments Healthcare providers, colleges, tax accountants… have your crown jewels. When they get hacked, it might not make the news. Here are the numbers.
Costco Gets Whacked by Inflation by Wolf Richter • Mar 2, 2017 • 62 Comments Costs went up faster than sales, and now its high-flying stock is tanking.
What’s Different This Time? Stocks by Wolf Richter • Mar 2, 2017 • 37 Comments This market (“Dow 30,000”) assures Fed rate hikes.