Junk Bond Carnage, One Company at a Time by Wolf Richter • Nov 27, 2014 • 4 Comments The money is drying up. Bondholders grapple with the sordid meaning of “junk.”
California Housing Market Cracks in Two, Top End Goes Crazy by Wolf Richter • Nov 26, 2014 • 6 Comments The Fed’s wealth effect kicks in: “Mind-blowing” how the luxury market has been “completely on fire.” The rest, well….
Global Business Outlook: “Darkest Picture since Financial Crisis.” US Deterioration “of Greatest Concern” by Wolf Richter • Nov 24, 2014 • 5 Comments Despite incessant hype, businesses depict a troubled global economy.
This Is a Sign the Startup Bubble Is Totally Maxed Out: It Resorts to (um, Sexy) Junk Mail to Disrupt by Wolf Richter • Nov 21, 2014 • 7 Comments Big money is gushing in all directions.
The Wrath of Draghi: Biggest German Banks Impose “Negative Interest Rates” by Wolf Richter • Nov 20, 2014 • 13 Comments “Punishment Interest” Germans call it with Teutonic precision. Bank: “Just stop saving.”
It’s Official: Party Now, Apocalypse Later by Wolf Richter • Nov 19, 2014 • 13 Comments That’s the new thinking about the markets in a crummy global economy where everything is overvalued.
Warren Buffett Is Dumping Stocks out the Backdoor by Wolf Richter • Nov 17, 2014 • 13 Comments His impeccable sense of timing appears to have kicked in.
How Low Can the Price of Oil Plunge? by Wolf Richter • Nov 13, 2014 • 15 Comments The bloodletting will go on until the money dries up.
This Chart Shows How The Biggest Problem in the Jobs ‘Recovery’ Keeps Getting Worse (by the Atlanta Fed!) by Wolf Richter • Nov 10, 2014 • 7 Comments But it performs miracles on corporate profits.
Layoffs Explode In America’s Big Old Tech Companies by Wolf Richter • Nov 7, 2014 • 11 Comments Job cut announcements in tech doubled from a year ago. Worst year since 2009.