Business news from Winter Watch writers and from around the Web.
Marketwatch | Nov. 30, 2022 The new year is nearly upon us, and one idea for where to invest is the banking sector, whose margins benefit from the high interest rates, at not terribly demanding […]
Volkswagen among others is warning that the energy crisis is grinding industry to a halt. The US benefits from the proxy war in Ukraine as a catalyst to onshore industry. Thus the US, has little […]
Bloomberg | Nov. 28, 2022 Turmoil at Apple Inc.’s key manufacturing hub of Zhengzhou is likely to result in a production shortfall of close to 6 million iPhone Pro units this year, according to a […]
Global Research | Nov. 24, 2022 Most people are bewildered by what is a global energy crisis, with prices for oil, gas and coal simultaneously soaring and even forcing closure of major industrial plants such […]
Zero Hedge | Nov. 23, 2022 A perfect storm in global diesel markets is unfolding. Refining capacities are tight, and stockpiles are being depleted as the Northern Hemisphere cold season begins. Supply crunches could jeopardize […]
Zero Hedge | Nov. 23, 2022 As we discussed last night, Sam Bankman-Fried has now demonstrated that he is both a pathological liar and a sociopath, the kind who in “explaining” to his employees how he stole billions […]
Wolf Street | Nov. 17, 2022 The balance of auto loans and leases continued to surge in Q3 even though new-vehicle sales in Q3 were at levels first seen in the late 1970s – and that’s […]
Winter Watch has written about some doozies over the years, but the fraudulent stealing of billions from crypto depositors at FTX is an over-the-top crime. The CEO of FTX is one Sam Bankman-Fried, otherwise known […]
“I’m not naive; this is not an isolated move by a senile judge in New York. Because vultures look a lot like the eagles of empires.” — Argentine President Cristina Kirchner Following on the heels […]
Zero Hedge | Nov. 6, 2022 Just over a week ago, Meta CFO Dave Wehner confidently stated that the not-so-giant tech firm will basically freeze headcount and limit new hiring… Our pace of hiring slowed in […]
Oil Price. com | Nov. 3, 2022 The European Union has been quietly celebrating a consistent decline in gas and electricity consumption this year amid record-breaking prices, a cutoff of much of the Russian gas […]
Bloomberg | Oct. 31, 2022 Rent delinquency rates among US small businesses increased significantly this month, a new report shows. About 37% of small businesses, which between them employ almost half of all Americans working in the […]
FreightWaves | Oct. 27, 2022 The trans-Pacific trade lane connecting the world’s most important countries is a pillar of the global economy. But now it’s becoming an epicenter of supply chain, financial and geopolitical risk. […]
Wall Street on Parade | Oct. 21, 2022 Goodbye Liz Truss. We hardly knew ye. Yesterday, Liz Truss announced she would resign as Prime Minister of the U.K. after just 44 days in office. That’s […]
Fox News | Oct. 19, 2022 EXCLUSIVE: Nineteen Republican-led states are launching an investigation into six large U.S. banks that will examine their involvement in the United Nations’ “Net-Zero Banking Alliance,” which they say is “killing” […]
Zero Hedge | Oct. 25, 2022 After much speculation via a Bloomberg report earlier, Adidas announced via a press release that its partnership with Kanye West, who now goes by Ye, has been “terminated immediately” following antisemitic […]
Summit News | Oct. 21, 2022 In another foretaste of potential future ‘carbon allowance’ limits, a major bank in Australia has introduced a new feature that links purchases to a customer’s carbon footprint and warns […]
Oil Price.com | Oct. 18, 2022 Crude oil imports into Asia jumped in September. Normally such news would spark hope for demand and, consequently, prices, but this time it’s more complicated. And it has less […]
MSN.com | October 11, 2022 etaverse project Decentraland, a sandbox environment that allows users to buy and sell virtual real estate, isn’t exactly teeming with people. Despite billions of dollars in valuations, companies betting on […]
Fox Business | October 12, 2022 At least some people got pretty rich from AMC’s two-year stock roller coaster, but it wasn’t the company’s super loyal, buy-and-hold investors known as the “Apes.” A Fox Business analysis […]
Zero Hedge | October 12, 2022 The Biden administration’s economic war against Russia could soon be stepped up a few notches as Bloomberg reports the White House is considering a complete ban on Russian aluminum. People familiar […]
Zero Hedge | Oct. 11, 2022 With the personal computer market crashing at an unprecedented pace, and with Intel stock losing two-thirds of its value in the past year and plunging to 10-year lows… … Intel – […]
Schiff Gold | Oct. 11, 2022 Credit card debt continues to spiral higher as consumers struggle with rising prices and depleted savings. In August, revolving credit increased by a staggering 18.1% as total consumer debt surged to […]
Asia Times | October 9, 2022 NEW YORK – Risk gauges in Germany’s government debt market rose last week to levels higher than recorded in the 2008 world financial crash, as margin calls forced the […]
Germany has just indicated that attempts to reduce or even curtail natural gas usage is failing. NatGas consumption last week for households and small businesses was 10% higher than average consumption levels between 2018-21. “We […]
The Times | Oct. 4, 2022 The Bank of England’s own staff pension fund appears to have been a beneficiary of its £65 billion gilts market bailout last week as it emerged the scheme had […]
Zero Hedge | October 3, 2022 Earlier today, Rabobank’s Michael Every was the latest to try his hand in defining the conflict that – according to Zoltan Pozsar- has defined not only 2022 but will […]
Wolf Street | Sept. 29, 2022 Amazon, which booked net losses in Q1 and Q2 totaling nearly $6 billion and whose shares are down 38% from their high in July last year, is undertaking large-scale efforts to […]
Zero Hedge | Sept.29, 2022 Hurricane Tropical Storm Ian could soon drive up orange juice prices at the supermarket as the powerful storm tears through the central-southwest part of the state where large citrus groves reside. Donald Keeney, […]
Zero Hedge | Sept. 29, 2022 Trading volumes for nonfungible tokens (NFTs) has tumbled 97% since January, when the blockchain-bound digital art and collectibles market went from $17 billion to just $466 million in September, according to Bloomberg, […]