Stocks Soared on Trump’s $1-Trillion Infrastructure Boom. But that Just Evaporated. Now What? by Wolf Richter • Mar 18, 2017 • 93 Comments Wall Street will have to go look for another mirage to hype.
Brexit Drains Swamp in London, Creatures Head to Luxembourg by Wolf Richter • Mar 13, 2017 • 21 Comments Tax planning for a post-Brexit world.
Snap’s IPO Shares Should be “Junk Equity”: CalPERS by Wolf Richter • Mar 10, 2017 • 43 Comments The scam around the stock of Snapchat’s parent, and a revolt by institutional investors that may have to buy the shares.
Deutsche Bank Tries to Stay Alive by Wolf Richter • Mar 9, 2017 • 15 Comments “One of the hardest things to do is to shrink your way to profitability.”
Investor Group Attacks Snap’s No-Vote Shares, Stock plunges by Wolf Richter • Mar 6, 2017 • 61 Comments S&P 500, other indices might refuse to include stock, deflating a big part of the hype around its IPO.
S&P 500 Earnings Stuck at 2011 Levels, Stocks up 87% Since by Wolf Richter • Feb 19, 2017 • 80 Comments Grounded in some sort of new reality? LOL
Wall Street Pouring Money Back Into Oil And Gas by Nick Cunningham • Feb 9, 2017 • 12 Comments “The mood is absolutely different,” even as oil prices have faltered.
There’s a Lot More at Stake in this IPO than Just Toxic Financials by Wolf Richter • Feb 3, 2017 • 63 Comments Silicon Valley hubris knows no bounds.
It’s Time We Talked About Our Owners by Don Quijones • Feb 2, 2017 • 29 Comments How big asset managers impact “our increasingly cartelized economy.”
Dow Companies Report Worst Revenues since 2010, Dow Rises to 20,000 (LOL?) by Wolf Richter • Jan 29, 2017 • 46 Comments Wall Street hocus-pocus has done an awesome job.