West-Coast Port Fiasco Does ‘Permanent, Irrevocable Damage’ by Wolf Richter • Mar 6, 2015 • 14 Comments Both sides hold gun to nation’s head. Gun backfires.
“Default Monday”: Oil & Gas Companies Face Their Creditors by Wolf Richter • Mar 5, 2015 • 14 Comments It has started: “restructuring” and “bankruptcy” suddenly the operative terms.
Austria ‘Pulls Ripcord’ on Bailouts, Lets ‘Bottomless Pit’ Hypo Alpe Bank Drag State of Carinthia into Bankruptcy by Wolf Richter • Mar 4, 2015 • 13 Comments A “long-yearned-for shock of liberation” for taxpayers.
Macau Bleeds, Warns About Chinese Economy by Wolf Richter • Mar 3, 2015 • 8 Comments The worst plunge in its history after years of phenomenal growth.
The Unnerving Thing Wells Fargo Just Said About the Auto Boom by Wolf Richter • Mar 2, 2015 • 13 Comments Now the spigot is getting turned off.
Cashing Out of the “Bet on America” Might Get Messy by Wolf Richter • Feb 28, 2015 • 11 Comments Housing Industry frets about PE firms, the largest landlords in the US
The Fracking Bust Exacts its Pound of Flesh by Wolf Richter • Feb 27, 2015 • 7 Comments When the heck will the bloodletting stop?
If Greeks Did This, the Terrible Crisis Would Be Over by Wolf Richter • Feb 26, 2015 • 24 Comments But what do they know that others don’t?
Housing Crash in China Steeper than in Pre-Lehman America by Wolf Richter • Feb 26, 2015 • 13 Comments China has long frustrated the hard-landing watchers. But maybe not much longer.
“Perfect Storm” for Junk Bonds, Mutual Funds to Get Hit by Wolf Richter • Feb 25, 2015 • 1 Comment It always starts with a toxic mix.