US Home Purchases by Chinese, Other Foreigners Plunge Below 2012 Level. And the (for me) Chilling “Chinese Reaction” to it from the Largest Chinese Portal for US Homes for Sale by Wolf Richter • Jul 18, 2019 • 123 Comments “For developers and agents in most parts of the country who rely on foreign buyers, there is really no alternative to buyers from China”: CEO of Juwei.com
London Housing Bust: Prices Fall, Sales Plunge to 2009 Level by Wolf Richter • Jul 17, 2019 • 31 Comments Most other regions in the UK cling to price gains.
The Victims of Inflation by Wolf Richter • Jul 17, 2019 • 135 Comments Inflation gets pitched as something inherently good the Fed is trying to make sure folks gets enough of. But someone’s paying the price.
Everything’s Fine Until Suddenly it Isn’t: How a “Leveraged Loan” Blows Up by Wolf Richter • Jul 16, 2019 • 75 Comments Kudos to the private equity firm. These things don’t happen overnight for companies. They happen overnight only for investors.
“Transportation Recession” Gets Uglier by Wolf Richter • Jul 15, 2019 • 46 Comments US freight shipments fall for 7th month in a row. After the boom, the bust.
THE WOLF STREET REPORT: The Victims of Inflation by Wolf Richter • Jul 14, 2019 • 94 Comments Beatings will continue until morale improves, or something.
My Advice to the Fed on “Low Inflation”: Use a Different Index for Crying Out Loud and Tell the BLS to be Less Aggressive with “Hedonic Quality Adjustments” by Wolf Richter • Jul 13, 2019 • 116 Comments The Fed could instantly claim victory and pocket the kudos.
“Where the American Dream Goes to Die”: Changes in House Prices, Rents, and Incomes since 1960 by Region & Metro by Wolf Richter • Jul 12, 2019 • 164 Comments How out-of-whack is the discrepancy in growth between incomes, rents, and house prices?
China Auto Sales Spiral Down, But This Time It’s Different: Government Refuses to Bail Them Out with Big-Fat Incentives by Wolf Richter • Jul 11, 2019 • 80 Comments Here’s why. The strategy is a game changer with global impact.
With all this Money Printing, Where’s the Huge Inflation? by Wolf Richter • Jul 11, 2019 • 115 Comments Oh, it’s here alright. But we’re a little squeamish about calling it out.