The ruse that helped shares jump 20%.
Money laundering in Canadian real estate is a widely accepted fact of life these days, but the impact isn’t.
16% of the 4 million new vehicles sold in the US in Q1 were assembled in Mexico.
So Sales Finally Tick Up.
There is plenty of supply, but it’s the wrong supply, priced too high.
“I saw Willem Dafoe impersonating Wolf on a podcast,” said commenter QQQBall so aptly after seeing yours truly on the Keiser Report.
Can the US Government Just Keep Piling on Debt?
February was bad. Housing market weakness is now spreading out from London.
Los Angeles population drops, San Francisco & Silicon Valley population rises least since 2010, North Bay’s population drops.
A “bust out” is a fraud used in organized crime, wherein a business’s assets and lines of credit are exploited and exhausted to the point of bankruptcy.
Greed and scheming dominated the five deals: SHO, the spinoffs of Orchard, Sears Canada, Lands’ End, and the putrid Seritage deal.
Spanish banks expanded aggressively into Emerging Markets to flee the consequences of the euro debt crisis.
Nearly 100 readers have already said they’re planning to join us. It’s free. It’ll be a blast. There is room for more. Here are the details.
And the 217 planes that Jet Airways ordered from Boeing?
Despite “the lowest interest rates in more than a year.”
Largest US Trucking Company: “Volume, or lack thereof, is obviously the main story.” The inventory pile-up hurts. And the driver shortage is ending.
There was strong appetite. Only the Fed shed them. Here’s who bought.
There are now 486 EV manufacturers in China, triple from two years ago. Most will disappear.
“Once. Only this year. Later on, that’s their problem”: Finance Minister. It doesn’t help that $3.4 billion in fuel was stolen in 2018, including by insiders. Crackdown now underway.
The Biggest Risk for Stocks: The moment share buybacks get slashed.
Here’s how it works. Meanwhile, the media is busy publishing real-estate industry hype.
How do they measure up against the most splendid housing bubbles in the USA? Oops!
“Amazon’s plunge into the $800 billion US grocery industry posed an existential threat to rivals”: CNN, August 2018. So let’s see.
But it had big tax benefits & one-time gains. And Uber Eats is hot, so to speak.
Italy’s fiscal health is once again in serious decline.
Expansion & investment plans frozen, after deliveries of Teslas plunged in Q1
What’s the Fed Trying to Say?
In some cities, you get what is considered a walk-in closet of a McMansion.
There are now many of them. Shoring up the balance sheet is the opposite of “shareholder friendly.” It’s “creditor friendly.”