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Canada Mauled by Oil Bust, Job Losses Pile Up – Housing Bubble, Banks at Risk





What ratings agency Fitch and the Bank of Canada had warned about has come to pass.

 
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What the Heck Is Happening to US Manufacturing?





Southeast worst since Financial Crisis. Atlanta Fed frets: oil bust, dollar?

 
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This Is Just the Beginning of the Great American Oil Bust





Last time this happened, the stock market crashed. “Going to be a painful period of time,” said Texas Gov. Rick Perry.

 
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Great Unwind of Oil-and-Gas Junk Bonds to Defund Fracking Boom





Yields spike, damage spreads. Investors try to bail out while they still can.

 
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California Housing Market Cracks in Two, Top End Goes Crazy





Fed’s wealth effect kicks in: “Mind-blowing” how the luxury market has been “completely on fire.” The rest, well….

 
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Something Wrong? Layoffs Explode In America’s Big Old Tech





Job cut announcements in tech doubled from a year ago. Worst year since 2009.

 
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The Wrath of Draghi: First German Bank Hits Savers with Negative Interest Rate





“Punishment Interest” it’s lovingly called in Germany, as the ECB intends to flog savers until their mood improves.

 
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What Unilever just Said About Consumers Around the World: “It’s Really Tough out There”





Instead of a global recovery, a sudden, broad consumer slowdown – with a plunge in China.

 
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Toxic Mix Blows up: Oil Price Collapse & Junk Bond Insanity





Theories abound why this is suddenly happening, after years of deceptive calm.

 
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