What the Heck just Happened in Global Stock Markets? by Wolf Richter • Oct 12, 2014 • 30 Comments Bitter ironies are piling up – with very crummy consequences.
Finland Downgraded, Prime Minister Busy Eating his Euro-Crisis Words that AAA-rated Countries Should ‘Dictate the Rules’ by Wolf Richter • Oct 10, 2014 • 16 Comments Et tu, Finland?
Last Time It Was This Crazy, the Stock Market Crashed by Wolf Richter • Oct 9, 2014 • 11 Comments Mega-Startups go parabolic. Flame-out already happening.
Dow at 8,000 by Bill Bonner • Oct 9, 2014 • 11 Comments We’ve spent our entire life in a credit expansion. We began life when the cork came out of the credit jug. We’ve all been pulling hard on it ever since. Heck, we’ve lived on it. “Hey, we’ll pay you later,” we said. But what if “later” is now?
The Structural Jobs Fiasco No One Knows How to Deal with by Wolf Richter • Oct 8, 2014 • 38 Comments Humans need not apply.
Credit Bubble Begins to Exact its Pound of Flesh: GT Advanced Tech Soars, Crashes, and Burns by Wolf Richter • Oct 6, 2014 • 4 Comments Weighed down by soaring debt, it declares bankruptcy. Stock loses 92% in one day. From $20 to $0.80 in 3 months. A harbinger.
How Mexico Reengineers Reality to Lure Foreign Investors by Don Quijones • Oct 5, 2014 • Comments Off on How Mexico Reengineers Reality to Lure Foreign Investors Peña Nieto’s government excels at selling its message abroad and controlling its PR with an iron fist. But at home, reality is not so great.
Catalonia’s Choice: Chaotic Divorce or Loveless Marriage by Don Quijones • Oct 3, 2014 • 6 Comments In the worst case scenario, financial chaos would ensue, in Madrid and in Catalonia.
“But Analysts Say There’s No Reason to Panic” by Wolf Richter • Oct 2, 2014 • 11 Comments After years of Fed-induced market mania, analysts lost the neurological ability to fathom that stocks can actually go down.
This Chart Shows How You Get Screwed in the Stock Market by Wolf Richter • Oct 1, 2014 • 8 Comments You no longer know if the quotes you see are real.
