A New Red Flag for Our Rosy Economic Scenario by Wolf Richter • Feb 10, 2015 • 8 Comments Wholesale inventories balloon to Lehman-Moment levels.
American Workers ‘Roadkill’ for Lobbyists, Immigration Lawyers by Wolf Richter • Feb 7, 2015 • 28 Comments Replaced by H-1B worker? Congress caved to corporate search for cheap labor.
Why the Beautiful New Greek Government Is Screwed by Wolf Richter • Feb 6, 2015 • 21 Comments The Greeks have lost their sharpest weapon: the financial markets.
In Search of Cheap Labor in Tech: Behind the H1-B Visa Scenes by Wolf Richter • Feb 5, 2015 • 49 Comments “They’re bringing in people with a couple of years’ experience to replace us, and we have to train them.”
Oil Glut Gets Worse – Production, Inventories Soar to Record by Wolf Richter • Feb 4, 2015 • 9 Comments “Oil markets rarely exhibit V-shaped recoveries.”
How Long Can Central Banks Push Bonds to Absurdity? by Wolf Richter • Feb 4, 2015 • 14 Comments Throw enough money at anything, and you’ll kill it.
Immensely Concentrated Positions in “Fantastically” Overpriced Markets with “Unlimited Tolerance for Risk” by Wolf Richter • Feb 3, 2015 • 8 Comments What could go wrong? Hedge-Fund guru Paul Singer explains why they’re all doing it: a “wish not to be run over.”
The American Dream Dissipates at Record Pace by Wolf Richter • Jan 30, 2015 • 7 Comments Instead of a home, let them buy toxic, rent-based, synthetic structured securities.
Hounded by Evil Dollar & Collapsed Commodity Prices, Corporate America Clamors for Total Currency War by Wolf Richter • Jan 28, 2015 • 9 Comments Financial engineering can only do so much.
Junk-Bond Bubble Implodes Beyond Energy, Deals Scuttled, Yields Soar, Suddenly “Insufficient Demand” by Wolf Richter • Jan 27, 2015 • 12 Comments A sense of unwelcome reality hits non-energy junk-rated companies.