Why the Heck Is the Trucking Business Slowing Down? by Wolf Richter • May 13, 2015 • 32 Comments I was forewarned. A trucker told me in April. Now the industry numbers came out.
Saudi Arabia, Russia in No Mood to Cave to US Fracking Boom by Wolf Richter • May 12, 2015 • 16 Comments Their oil production sets records, US drillers aren’t backing off either, glut gets worse.
China Downturn Hits US Automakers by Wolf Richter • May 12, 2015 • 8 Comments When the People’s Bank of China spoke of “big downward pressure,” it wasn’t kidding.
How Soaring Housing Costs Impoverish a Whole Generation and Maul the Real Economy by Wolf Richter • May 11, 2015 • 27 Comments How many years does it take to save up for a down payment in these US cities? Are you sitting down?
Schäuble Warns of “Sudden” Greek Default by Wolf Richter • May 9, 2015 • 12 Comments He refused to nail down a day. But Germany is ready.
Global Demand for Chinese Goods Sinks, Chinese Leaders ‘Caught Off Guard by Sharpness of Downturn’ by Wolf Richter • May 8, 2015 • 7 Comments Trade moves in wobbly circles.
How the Liquidity “Delusion” Leads to a Crash by Wolf Richter • May 7, 2015 • 8 Comments Mohamed El-Erian has second thoughts.
Dollar Hits Air Pocket, Euro in Epic Short Squeeze by Wolf Richter • May 7, 2015 • 4 Comments “I wonder whether we’re not living in a new world in which governments no longer control as much as they think they control.”
“Smart Money” Prepares to Profit from Bond Market Rout by Wolf Richter • May 6, 2015 • 14 Comments Bonds with long maturities are sitting ducks – and thus ideal.
Confidence in the US Economy Plunges by Wolf Richter • May 5, 2015 • 16 Comments Culprits get lined up.
