A feeding frenzy on cheap investor money before it dries up. But the scheme is coming unglued.
But hey, the volcano hasn’t erupted yet. So let’s just party on.
Under pressure from US fracking and Canadian tar sands, Venezuela runs out of options.
Afterhours, oil plunged again. And the bloodletting is spreading.
Getting messy: oil price plunge not the only problem for currencies that made the “Ugliest Currency Chart.”
BMW insiders: Tesla CEO Elon Musk “is using us for PR purposes.” Stung by Daimler’s and Toyota’s exit, he wants to “decorate” himself with the name BMW.
It’s Thanksgiving, and there’s chaos in the oil market (very ugly chart).
Money is drying up. And bondholders grapple with the sordid meaning of “junk.”
The Fed’s wealth effect kicks in: “Mind-blowing” how the luxury market has been “completely on fire.” The rest, well….
Survey of businesses confirms: global economy is in trouble.
