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.
The Big Unwind: After Messing up the Housing Market, the “Smart Money” Bails Out by Wolf Richter • Nov 6, 2014 • 14 Comments Housing Bubble 2: Sales to institutional investors plunge to lowest level since 2010.
What the Heck is the Deal in Macau? by Wolf Richter • Nov 5, 2014 • 9 Comments Once soaring revenues in the world’s largest gambling hub are plunging faster than during the financial crisis. This indicator of the Chinese economy is flashing red.
Oil Price Collapse Ricochets Around the World, Hits US Drillers, the Ruble … and Russia’s Probability of Default by Wolf Richter • Nov 4, 2014 • 17 Comments The balance of power is shifting, if only briefly.
No “Yellen Put?” You Gotta be Kidding… by Wolf Richter • Nov 4, 2014 • 15 Comments “Not the Fed’s job to rescue reckless investors from the errors of their ways.” Now they tell us!
