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.
Is Canada Next? Housing Bubble Threatens ‘Financial Stability’ by Wolf Richter • Oct 1, 2014 • 15 Comments Bank of Canada: it’s so vast and weighed down with so much debt that a “sharp correction in house prices” could take down the financial system.
Junk Bond Bubble Cracks, Destroys Stocks One at a Time by Wolf Richter • Sep 30, 2014 • 5 Comments Party turns into bloodbath. Happening right now beneath the surface of the S&P 500.