Daily Archives: October 7, 2015

Dealer: “VW fraud dwarf’s Ponzi and Madoff combined”

Posted on October 7, 2015 by Danielle Park

As we discussed in Further thoughts on the emissions Scandal, the VW fraud is of epic proportions and will have compounded costs over at least several quarters for the company and Germany’s (therefore Europe’s) leading sector. See, New VW CEO: … Continue reading →

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Monthly chart of the S&P 500

Posted on October 7, 2015 by Danielle Park
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Oil hopes spring eternal

Posted on October 7, 2015 by Danielle Park

Weakening economic data continues to undermine the case for a 2015 US rate hike (despite naive hopes of the Fed). The U$ rally (underway since 2008) has responded with consolidation over the past couple of weeks. This on top of … Continue reading →

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