Is the “Trump Trade” Already Unwinding? by Wolf Richter • Dec 31, 2016 • 57 Comments Over the last ten days, markets have been jinxed, and nearly everything changed direction.
Who Exactly Benefits from Italy’s Ballooning Bank Bailout? by Don Quijones • Dec 30, 2016 • 40 Comments All these events conform to a well established script.
“A Warning for Property Investors in Australia” by Wolf Richter • Dec 30, 2016 • 97 Comments “Property Implosion?” And its impact on jobs and the economy (video).
Is the 2nd Half of 2017 when Sears Finally Kicks the Bucket? by Wolf Richter • Dec 29, 2016 • 67 Comments This announcement gives some clues that after years of disappointment, Sears doom-and-gloomers might finally approach the end of their long wait.
Scandal & Cover-Up Plagued Toshiba Re-Implodes by Wolf Richter • Dec 28, 2016 • 38 Comments After surging 206% since February!
Home Buyers Sapped by Soaring (but Still Low) Mortgage Rates, Sky-High Home Prices by Wolf Richter • Dec 28, 2016 • 79 Comments “The budget of many prospective buyers last month was dealt an abrupt hit”
Deflating Manhattan Housing Bubble Hits Amy Schumer by Wolf Richter • Dec 27, 2016 • 57 Comments “You can’t lose money in real estate” – until you do.
Bank Bailout Balloons, Tab for Italian Banking Crisis Soars by Wolf Richter • Dec 27, 2016 • 31 Comments Over the Christmas holidays when no one was supposed to pay attention, the bailout costs of Monte dei Paschi, third largest bank in Italy, soared 75%!
Minimum Wages Jump on Jan. 1 in Cities & States. Here’s what I Think about it. by Wolf Richter • Dec 26, 2016 • 135 Comments While Congress sits on its hands.
New Census Data Shows Why the Job Market is Still “Terrible” (as Trump said), but the Numbers Get Hushed up by Wolf Richter • Dec 26, 2016 • 109 Comments Hardly any improvement for individuals since the Great Recession.