Spreading the truth. Empowering the people.
There are “doubts” its Hong Kong Airlines, which may cease to operate on Saturday if it doesn’t get a bailout, will get a bailout. By Wolf Richter for WOLF STREET. HNA Group, the … Read more
by FS Has the U.S. dodged a recession heading into 2020? Should we be worried about the different stories emerging from the manufacturing and consumer sides of the U.S. economy? … Read more
Billions of dollars worth of China-made goods subject to tariffs by the Trump administration in its trade fight with Beijing are dodging the China levies by entering the U.S. via … Read more
Wolf Richter wolfstreet.com, www.amazon.com/author/wolfrichter There are now many of them. Shoring up the balance sheet is the opposite of “shareholder friendly.” It’s “creditor friendly.” The amount of investment-grade corporate bonds … Read more
Wolf Richter wolfstreet.com, www.amazon.com/author/wolfrichter The hail of two-notch downgrades doesn’t help. Wolf here: Shares of General Electric [GE] are down over 3% this beautiful Friday morning, trading at $9.20. If … Read more
I’ll give the last Rep some credit for at least talking. However, the idea that somehow everything has been civil until Trump came around is a complete revision of history. … Read more