What the Heck Just Transpired in the Global Markets? by Wolf Richter • Dec 14, 2014 • 8 Comments Stocks, junk bonds, oil, and the bitter whiff of international chaos.
Oil Bust Contagion Hits Wall Street, Banks Sit on Losses by Wolf Richter • Dec 11, 2014 • 6 Comments Wall Street made a killing on the fracking and offshore booms, but now the tide turns.
Blackout, When it Finally Rains in San Francisco by Wolf Richter • Dec 11, 2014 • 11 Comments My thoughts when the high-tech city just about shut down.
Retailer’s Subprime Explodes, Shares Crash 40%, Junk Bonds Fall into “Price Discovery” by Wolf Richter • Dec 10, 2014 • 4 Comments Subprime is merciless when it strikes back.
Treasury Warns Congress (and Investors): This Financial Creature Could Sink the System by Wolf Richter • Dec 8, 2014 • 13 Comments Among those who’ll get to eat the losses: unsuspecting retail investors.
Oil and Gas Bloodbath Spreads to Junk Bonds, Leveraged Loans. Defaults Next by Wolf Richter • Dec 7, 2014 • 11 Comments Revenues, earnings plunge. Liquidity dries up. Stocks eviscerated.
S&P Wakes Up, Cuts Italy to One Notch Above Junk, Economy Sinks into Terrific Mess by Wolf Richter • Dec 5, 2014 • 3 Comments But no worries, the ECB’s desperate backdoor bailout keeps Italy afloat.
So the Japanese Government Bond Market Is Dead. And the Yen? by Wolf Richter • Dec 4, 2014 • 12 Comments In two years, 37% of Japan’s yen-denominated wealth has gone up in smoke.
Corporate Bond Bubble Comes Unglued at the Bottom, Investors Begin to Bleed by Wolf Richter • Dec 3, 2014 • 1 Comment A desperate feeding frenzy takes its course.
Oil War Pushes Venezuela Over Brink, Probability of Default Soars to 84% by Wolf Richter • Dec 2, 2014 • 5 Comments Out-of-money date is April. Fears that chaos will “lead to barbarity and people looting.”
