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Retaliation for the indictment of five Chinese military officials accused of hacking into Corporate America? Nope. This is much more serious.

Momentum stocks, the money transfer machine the city relies on, are crashing. Fallout hits record home prices. This is so 2007.

Fits the pattern of gratuitous bank enrichment perfectly. But this time, the beneficiaries of the Fed are foreign banks.

It happened in 2000 and 2007. Spectacular consequences! Now it happened again. And beneath the blue-chip highs, parts of the market are already crashing.

 “On the way in, there’s insatiable demand.” Alas, “it’s going to be a disaster on the way out.”

They’re not even trying to blame the weather this time.

It’s perplexing that analysts are perplexed by the rout.

“There was a moment when it made sense,” said Blackstone Group, largest home buyer in the US. But not anymore.

The intricate and convoluted connections between Germany and Russia exude a peculiar aroma.

White House attacks Russian financial markets and oil, Merkel suffers from “moral cowardice,” Russia develops “Putin Doctrine,” in crescendo of sanctions and counter-sanctions

No one in Germany is allowed to get in the way of the sacrosanct exporters.

While Big Oil, consumer groups, lobbyists, lawmakers... are mudwrestling over the export ban, exports of “petroleum products” are soaring.

A national average sounds an alarm: investors that drove up the housing market are bailing out

Not a word about soaring prices and higher rates that have pushed median-priced homes beyond the reach of hardworking Americans

Cynic in me says it must be a data problem, that the computers got hacked, or something. But that’s wishful thinking.