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Wolf Richter: Millennials Blamed for Lousy Economy

Millennials aren't spending like they are supposed to...with good reason.
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Wolf Richter: IPO Hype-Miracle Gets Crushed by Reality

Business & Finance / Economics : Naked Capitalism

Yves here. While IPO-related cheerleading is getting more stained than ever, also notice how lousy the mood is among retailers. This does not bode well for a consumption-driven economy.

Last Hope For Holiday Shopping Frenzy: The Few Who Can Splurge

Business & Finance : Zero Hedge

Wolf Richter Consumer spending, the foundation of the US economy, has not exactly been growing at gangbuster rates. With one big exception: auto sales. Accounting for about 2...

Construction Spending And The Housing Quagmire

Business & Finance : Zero Hedge

Wolf Richter Among the “good” economic news today was private residential construction spending, which rose 2% in November and 3.4% year-over-year, according to the Census Bureau, confirming similar trends in...

No More Viagra For Mario Monti And His Ilk

Business & Finance : Zero Hedge

Wolf Richter Economic, regulatory, and entitlement reforms are tough. While they’re supposed to open opportunities, put budgets on sounder footing, or make the economy more competitive, they invariably cut in...

“There’s no Reason to Panic” about German Miracle Economy

Business & Finance : Zero Hedge

Wolf Richter Germany, the largest economy in Europe, the miracle economy that is being held up as example of how an economy should be run, and the all-powerful engine that is supp...


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