Fed Issues Surreptitious Payments to Bank Welfare Queens At Taxpayer Expense by Lee Adler • Oct 29, 2014 • 2 Comments On the day when QE ended: Taxpayer were put on hook for a direct subsidy to banks.
Pump and Dump: How to Rig the Entire IPO Market Without Raising ANY Money by Wolf Richter • Oct 27, 2014 • 5 Comments Just when you thought we’ve reached the peak of craziness, it gets even crazier.
This is the Most Self-Explanatory, Ridiculously Clear Chart About Amazon I’ve Ever Seen by Wolf Richter • Oct 24, 2014 • 9 Comments And it’s one ugly dude.
End of the Financial Engineering Market? by Contributor • Oct 23, 2014 • 5 Comments Maybe that’s how it ends: credit markets shut down, no more bonds, no more buybacks.
Roll Out the Fire Hoses (Here Comes QE4) by Bill Bonner • Oct 17, 2014 • 9 Comments Never before in the long, comic history of mankind and its money have central bankers taken such a keen interest in asset prices. Now they create money, out of nowhere, for the express purpose of pushing them up.
‘This Market is Driven by Psychology and Momentum,’ which ‘Works Really Painfully on the Way Down’ by David Stockman • Oct 17, 2014 • 3 Comments Silicon Valley Hype-Machine gets dented.
Why the Market Swoon May Become “Disorderly” by Wolf Richter • Oct 14, 2014 • 15 Comments “Disorderly on a scale not seen since the crash of 1987″: Too many poorly understood structural changes have created unstable markets.
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.
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.
IPO Mania Collapses in Germany by Wolf Richter • Oct 3, 2014 • 7 Comments This shouldn’t have happened. Where is the euphoria?