The US Cities with the Biggest Housing Bubbles by Wolf Richter • Aug 29, 2017 • 7 Comments The US Cities with the Biggest Housing Bubbles.
What will Harvey do to “Carmageddon?” by Wolf Richter • Aug 29, 2017 • 94 Comments How will it impact nationwide auto sales? My thoughts.
Albertsons IPO Hopes Crushed by Amazon Whole Foods Entry into Supermarket-Meltdown Price War by Wolf Richter • Aug 28, 2017 • 71 Comments Store traffic already spirals down at Albertson’s and Safeway.
The US and the World: Wolf Richter on the Keiser Report by Wolf Richter • Aug 28, 2017 • 57 Comments “These things can go on for a long time — until they can’t…”
Peak US Asset Prices? Japanese Acquisitions Hit Record by Wolf Richter • Aug 27, 2017 • 24 Comments Their buying binge in the US goes into the “Contrarian Indicators” category.
How Did Things Get This Bad This Fast for Oil Giant, Pemex? by Don Quijones • Aug 27, 2017 • 31 Comments A slew of reasons. But one stands out, and it’s not the price of oil.
Why Suddenly Two Mega Utility Takeovers? by Bill Tilles and Len Hyman • Aug 26, 2017 • 68 Comments Do the buyers know something that we don’t?
Adults Take Over at Uber, Cost Cutting Starts by Wolf Richter • Aug 26, 2017 • 67 Comments Suddenly taking expenses seriously before it’s too late.
Sears Revenues to Hit Zero in 3 Years. But Bankruptcy First by Wolf Richter • Aug 25, 2017 • 72 Comments This baby is going down the tubes at an ever faster speed.
Next Brick to Drop on UK Economy: Housing Bubble Deflates by Don Quijones • Aug 25, 2017 • 38 Comments London home prices are already tanking, as demand sags.
US Sanctions May Play into China’s and Russia’s Hands by Kent Moors • Aug 24, 2017 • 30 Comments Venezuela is going to have one heck of an “Oil Fire Sale.”
San Francisco Bay Area Pending Home Sales Plunge by Wolf Richter • Aug 24, 2017 • 88 Comments Ludicrously high home prices hit end of the employment boom?
Uber Wants You to Know it’s Not Collapsing by Wolf Richter • Aug 23, 2017 • 63 Comments Total Immersion Chaos.
Fitch Threatens US with Downgrade by Wolf Richter • Aug 23, 2017 • 59 Comments Did it forget how the US government hounded Standard & Poor’s?
Banks Earn Record Profits in Q2, Savers Sacrificed: FDIC by Wolf Richter • Aug 22, 2017 • 56 Comments $9 trillion in deposits go a long way.
“Full-Fledged Housing Crisis” in Silicon Valley, Insider View by John McNellis • Aug 22, 2017 • 65 Comments As long as local officials strangle housing starts, the mirage of affordability will be pushed further toward the distant horizon.
US Gross National Debt to Spike by $800 Billion in October? by Wolf Richter • Aug 21, 2017 • 106 Comments The other option: too ugly to even imagine.
Stock & Bond Markets in Denial about QE Unwind, but Banks, Treasury Dept Get Antsy by Wolf Richter • Aug 21, 2017 • 43 Comments “Let markets clear.” It’ll be just “a financial engineering shock.”
US Asset Bubbles Crack as Frantic China “Restricts” Outbound Investments by Wolf Richter • Aug 20, 2017 • 120 Comments What happens to prices when the biggest, reckless buyer walks away?
NAFTA Negotiations Start in Secrecy. Lobbying Heats by Wolf Richter • Aug 19, 2017 • 50 Comments After promises of transparency, Americans aren’t allowed to know what’s being negotiated at their expense.
Cashing Out of Unicorns Gets Hard by Wolf Richter • Aug 18, 2017 • 50 Comments Until shares can be sold, “valuations” remain fake wealth.
Paradise for Oligarchs: Poverty, Inequality Soar as Wealth Rises by Don Quijones • Aug 18, 2017 • 49 Comments Welcome to the Mexican Paradox.
What Ford’s New Guy Said about the Future of Self-Driving Cars by Wolf Richter • Aug 17, 2017 • 107 Comments You get to own and steer a car for a while longer, if you insist.
So When Will China’s Debt Bubble Finally Blow Up? by Wolf Richter • Aug 17, 2017 • 160 Comments The upside is fake stability. The downside is too ugly to contemplate.
Grocery Store Turmoil in Chicago by Wolf Richter • Aug 16, 2017 • 86 Comments Bankruptcies don’t help. Even the big chains are closing stores.
Support for Hard Brexit in the UK Hardens by Don Quijones • Aug 16, 2017 • 57 Comments “Significant economic damage” is a “price worth paying.” Businesses are not so sure.
What the Heck’s Going On with Vintage Automobiles? by Wolf Richter • Aug 15, 2017 • 83 Comments Asset class of Beautiful Machines deflates: fate of bubbles under the new regime.
Fed’s Dudley Drops Bombshell: Low Inflation “Actually Might Be a Good Thing” by Wolf Richter • Aug 15, 2017 • 104 Comments QE unwind in September, “another rate hike later this year.”
How Insane Home Prices in Silicon Valley & San Francisco Trip up Jobs Growth by Wolf Richter • Aug 14, 2017 • 81 Comments Bay Area housing affordability nightmare hits home, so to speak.
Worst Restaurant Recession since 2009 Digs Inflation by Wolf Richter • Aug 14, 2017 • 117 Comments Households at lower 80% of income scale are maxed out.
