Businesses get “crunched” in the Oil Patch, consumers lose it, indexes hit Financial Crisis levels.
“Maybe this isn’t a great indication of the state of the economy.”
And it's far from over.
Just the tip of the iceberg?
Two sides separated by the money line.
That’s what’s beyond the insufferably rosy corporate speak.
“Sluggish westbound volumes have brought about the worst spot market rate collapse that this trade has experienced.”
Unsold new condos spike to all-time record. Industry in denial.
Get Used to Selloffs, Central Bankers Say as They Fret about the Terrifying Moment When Liquidity EvaporatesSubmitted by testosteronepit on 06/05/2015 15:06 -0400
“Volatility and repricing,” euphemism for losses, are the New Normal.
Sense of desperation among CEOs?
This sort of thing isn’t supposed to happen.
Boom-and-Bust City at its glorious best.
So on Monday? He refused to nail down a day. But Germany is ready.
Investors are getting crushed.
They’ve become sitting ducks, in a market that is "in extreme overvaluation."