Commodities’ Wild Ride: Spikes, Plunges, Re-spikes: Lithium, Lumber, Coal, Wheat, Copper, Steel, Iron Ore, Soybeans, Coffee, Corn by Wolf Richter • Feb 23, 2023 • 93 Comments Oh no, coffee! Commodities are not moving in lockstep.
Back-to-Back Market Smackdowns Coming from the Fed and ECB. Could Be a Hoot by Wolf Richter • Jan 28, 2023 • 258 Comments Surly frustrated central bankers telling euphoric markets that the inflation fight is far from over.
Status of US Dollar as Global Reserve Currency: USD Exchange Rates Hit Foreign Exchange Reserves by Wolf Richter • Jan 1, 2023 • 157 Comments Complicated times for the dollar. The Chinese Renminbi, a distant also-ran, loses ground.
Imploded Stocks of the Day: Carvana, Twilio, Atlassian, Cloudflare by Wolf Richter • Nov 6, 2022 • 203 Comments The free-money virus turned investors’ brains to mush. But the healing has started, interest rates are recovering, QT is here, and look what we got.
It Starts: Reverse Stock Splits for Collapsed SPACs & IPO Stocks. Bankruptcy for Others by Wolf Richter • Jul 20, 2022 • 143 Comments Reverse stock splits keep them from getting delisted. But some didn’t even get that far and filed for bankruptcy, like, WOW that was fast.
Global Tightening amid Raging Inflation: February Update by Wolf Richter • Feb 3, 2022 • 224 Comments Brazil and Russia caught up via shock-and-awe rate hikes. But most central banks fell further behind. Then there are the reckless laggards.
I Was Offered Fake 5-Star Reviews in Quantity of 10s on Google, Facebook, Tripadvisor, Yelp: Turns Out, They’re Amazingly Cheap by Wolf Richter • Jan 10, 2022 • 159 Comments They even use “software” to hide that the reviews came from India.
US Dollar Status as Dominant “Global Reserve Currency” amid Reckless QE & Government Deficits by Wolf Richter • Sep 30, 2021 • 123 Comments The decline of Dollar Hegemony. But other options are also shaky.
10-Year Yield Jumps to 1.43% as Bond Market Reacts to what the Fed Said Yesterday about Tapering, Rate Hikes, and Inflation by Wolf Richter • Sep 23, 2021 • 170 Comments The Fed is getting nervous about inflation. “Temporary” doesn’t cut it anymore. And the bond market is getting a whiff of it.
The Process of Ending Massive Money Printing Has Started by Wolf Richter • Sep 9, 2021 • 261 Comments ECB second giant to taper. Bank of Japan already ended QE. Bank of Canada shed 15% of assets. UK, Australia are tapering. New Zealand quit cold turkey