What the Heck Just Happened at the San Francisco Apple Store? by Wolf Richter • Aug 29, 2014 • 9 Comments Not everyone is irrationally exuberant.
Pump and Dump: How to Rig the Entire IPO Market with just $20 Million by Wolf Richter • Aug 28, 2014 • 9 Comments The price of market manipulation keeps dropping.
Russia Sanctions Hit German Consumers, “Economic Expectations Completely Collapse” by Wolf Richter • Aug 27, 2014 • 10 Comments The “faster rotating sanctions spiral with Russia” causes the worst plunge in the history of the German consumer index going back to 1980.
Economist: Stocks No Longer Risky, Will Go Up ‘Steadily’ by Wolf Richter • Aug 26, 2014 • 8 Comments With fundamentals and economic realities having become totally irrelevant these days, economists are reassigned to tout stocks.
The World’s Most Dangerous Dams by Llewellyn King • Aug 26, 2014 • 1 Comment Two dams that will fail unless they are urgently repaired. And if they fail, catastrophic loss of life will be the result.
Drowning in Unsold New Homes? by Wolf Richter • Aug 25, 2014 • 7 Comments Housing Bubble 2: ballooning inventories of new single-family homes.
Argentine Peso Collapses on Top of Rogue Regime by Wolf Richter • Aug 25, 2014 • 7 Comments Adeptly managed by the central bank and the government, the Argentine peso has been plunging in perfect form, an activity it is very, very good at.
Spain’s Silent Reconquest of Mexico by Don Quijones • Aug 23, 2014 • 3 Comments A tightly coordinated campaign by the Spanish government and its corporate masters.
The Home-Flipping Bubble Implodes by Wolf Richter • Aug 22, 2014 • 5 Comments Profit grows on trimmed trees, freshly painted walls, and rehabbed bathrooms, and flipping volume soars, and nothing can go wrong. Then something goes wrong.
This Is what Happens when otherwise Competent, Diligent, Hard-Nosed Bureaucrats Fail to Read my Stuff by Wolf Richter • Aug 22, 2014 • 12 Comments The folks at the German Finance Ministry belatedly follow WOLF STREET and admit that sanctions caused Germany’s economic swoon.