Having become a master of financial engineering instead of aircraft engineering. UPDATED with the announcement on Jan 21 that “ungrounding” of the 737 MAX will be further delayed.
My patience has been exhausted.
The Biggest Share-Buyback Queens: When Will They Run Out of Juice?
Rising first-payment defaults and 60-day delinquencies, which are “leading indicators,” caused the retailer to become “prudent.” Shares plunged 33%.
Remittances to Mexico is a $36-billion-a-year business.
Bailing out its crybaby-cronies on Wall Street, even when there isn’t a crisis.
Another “run on the fund.” More investors can’t get their money out but contemplate big losses.
Including billionaires who thought they’d picked the bottom in 2016.
Despite my assurances that “Nothing Goes to Heck in a Straight Line,” a Chinese stock just did.
The fear that today’s negative or low interest rates render central banks helpless in face of the next economic crisis.