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Tag Archive for government accounting

US Gross National Debt Jumps $340 Billion in One Day

by Wolf Richter • Nov 4, 2015 • 26 Comments

Peculiar.

FRONT PAGE

Mortgage Rates over 7% and Heading Higher, Housing Market Still Frozen, Lots of Buyers on Strike as Prices Still Too High

by Wolf Richter • Apr 17, 2024

All that makes sense, but why are there still any cash-out refis when people could take cash out via HELOCs, without losing a 3% mortgage?

Yen Drops to 155 against USD. Currency Collapse at Work, -32% against USD since 2021, -50% since 2012

by Wolf Richter • Apr 16, 2024

Turns out, collapse of the currency is the price Japan is now paying for years of crazed monetary policies.

Our Drunken Sailors Binge despite Higher Interest Rates, and the Fed Watches them Nervously

by Wolf Richter • Apr 15, 2024

Retail sales by major segment: huge winners (on top: ecommerce and general merchandise retailers), and some big losers.

Banks’ Exposure to CRE Loans by Bank Size

by Wolf Richter • Apr 13, 2024

When CRE hits investors, fine, they were paid to take those risks. But we’re a little more squeamish when it comes to banks.

The Most Splendid Housing Bubbles in Canada: Home Prices Dip Further, -14% from Peak in March 2022, Now Below Sep 2021

by Wolf Richter • Apr 12, 2024

Condos in Toronto hit 28-month low. But Vancouver house prices only -3.9% from peak in 2022. Calgary house prices jump to new high; oil boom helps.

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