Global Shipping Meltdown Mauls German Banks, Retail Investors, Taxpayers by Wolf Richter • Feb 10, 2017 • 21 Comments Germany holds 25% of global shipping loans as industry collapses.
World’s Largest Container Carrier “Unexpectedly” Has Big Loss in Crushed Industry. Now Trade War with China Looms by Wolf Richter • Feb 8, 2017 • 26 Comments It “would have a very negative effect on our business”: Maersk CEO
This Is How Out-Of-Whack US Trade Relationships Really Are by Wolf Richter • Feb 7, 2017 • 94 Comments After 25 years of apathy.
Condo Speculation Collapses in Miami-Dade’s Condo Glut by Wolf Richter • Jan 29, 2017 • 46 Comments Preconstruction condo flippers left twisting in the wind.
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.
Back Below “Stall Speed”: 2016 Economy Matches Worst Year since Great Recession by Wolf Richter • Jan 27, 2017 • 47 Comments Gutted Hopes for a Strong Finish.
Cisco Buys 45th Company in 5 Years, Revenues Still Stagnate by Wolf Richter • Jan 26, 2017 • 46 Comments Have Cisco’s Financial Engineers Gone Nuts?
Big Shrink to “Hire” 25,000 in the US, as Layoffs Pile Up by Wolf Richter • Jan 23, 2017 • 114 Comments IBM is in trouble and desperate hype is apparently required.
What Will Prick the “Leveraged Share Buyback” Craze? by Wolf Richter • Jan 20, 2017 • 34 Comments Fitch Gets Nervous.
Another Retailer Goes Bankrupt, Shutters Stores, While Tiffany Blames Trump Tower for US Holiday Sales Debacle by Wolf Richter • Jan 17, 2017 • 56 Comments And American Apparel shuts down.