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.
What the Heck Has Suddenly Hit American Consumers? by Wolf Richter • Feb 24, 2015 • 11 Comments A “significant event.”
Oil Bust Mauls Texas Manufacturers, Atlanta Fed Sees Hit to US Economy by Wolf Richter • Feb 23, 2015 • 5 Comments New orders, shipments at “lowest reading since June 2009.”
Subprime Pump-and-Dump Frenzy Heats Up by Wolf Richter • Feb 21, 2015 • 8 Comments Toxic? Hey, these structured securities are triple-A rated by S&P.
What the ECB Has to Do to “Prevent a Market Meltdown”: French Megabank by Wolf Richter • Feb 19, 2015 • 6 Comments It would be hilarious if it weren’t so serious.
The Chilling Thing Devon Energy Just Said About the US Oil Glut by Wolf Richter • Feb 18, 2015 • 24 Comments It will get much worse.
Reckless Stock-Market Leverage Intoxicates Politicians by Wolf Richter • Feb 15, 2015 • 7 Comments OK I get it, this is the Fed’s America. But what if it comes unglued?
The Fracking Bust Hits Home by Wolf Richter • Feb 13, 2015 • 5 Comments Never before has drilling for oil collapsed this far this fast.
Something Rotten Is Piling Up in this Economy by Wolf Richter • Feb 13, 2015 • 15 Comments Gets even worse: total business inventories balloon to Lehman-Moment levels.