Recession Watch: US Freight Drops to Worst Level since 2010, “Excess of Capacity” Crushes Rates by Wolf Richter • Sep 20, 2016 • 12 Comments “Overall shipment volumes are persistently weak.”
“Or We’ll Lose the Whole Middle Class”: Gallup CEO by Wolf Richter • Sep 20, 2016 • 121 Comments Economic “recovery,” but not for the “Invisible Americans.”
Amazon Algorithm Makes Decision about WOLF STREET, Hilarity Ensues by Wolf Richter • Sep 19, 2016 • 96 Comments If the broader ramifications weren’t so serious!
Why Hanjin’s Zombie Collapse Won’t Be the Last One by Wolf Richter • Sep 18, 2016 • 72 Comments The pain will continue, with many more false-hope ups followed by brutal smack-downs, and more carriers cracking under their debt.
Deutsche Bank’s CoCo Bonds Speak of Fear of the Worst by Wolf Richter • Sep 16, 2016 • 24 Comments For profitable, well-capitalized banks not teetering on the brink, big fines are a slap on the wrist. But these three conditions don’t apply to Deutsche Bank.
“Pension Crisis”: This is How You’ll Bail out Municipal Pension Funds by Wolf Richter • Sep 15, 2016 • 83 Comments Check the bills in your mailbox. Happening now in Chicago.
That 5.2% Jump in Household Income? Nope, People Aren’t Suddenly Getting Big-Fat Paychecks by Wolf Richter • Sep 14, 2016 • 68 Comments If soothsayers want to know why men are frustrated, and more than frustrated, they can just look at the chart.
Self-Driving Vehicle Revolution to Wipe Out 4 Million Jobs by Wolf Richter • Sep 14, 2016 • 162 Comments But we’re not prepared.
The Chilling Thing CEOs of Corporate America Said about Jobs by Wolf Richter • Sep 13, 2016 • 56 Comments Part of the “unfortunate new normal.”
After Donating 4 Times to Hillary’s Campaign, Fed Governor Tries to Prop up the “Financial Markets” by Wolf Richter • Sep 13, 2016 • 35 Comments Angling for the job of Treasury Secretary in the Clinton administration?