What’s Going On with Trucking and Rail? by Wolf Richter • Jun 18, 2018 • 2 Comments Everything is spiking, setting off “inflationary concerns.”
The Huge Ships for the Booming LNG Trade by MC01 • Jun 17, 2018 • 15 Comments Designs, Technologies, and Challenges for liquefied natural gas carriers.
Next Mortgage Default Tsunami Isn’t Going to Drown Big Banks but “Shadow Banks” by Wolf Richter • Jun 17, 2018 • 55 Comments As banks pull back from mortgage lending amid inflated prices and rising rates, “shadow banks” have become very aggressive.
Consumers Stubbornly Cling to Cash, after Multiple IT Fiascos & Payment Systems Outages by Don Quijones • Jun 16, 2018 • 48 Comments An industry dogged by non-believers who fret about privacy and fraud.
Who the Heck Bought $1.2 trillion in New US Treasuries over the past 12 Months? by Wolf Richter • Jun 15, 2018 • 58 Comments Russia, Japan, and the Fed dumped. So who bought?
Canada Has a Subprime Real Estate Problem, You just Don’t Know It by Stephen Punwasi • Jun 15, 2018 • 57 Comments Subprime goes to the Toronto condo market.
Seems Impossible, but Argentina’s Peso Was Able to Collapse even Further Despite $50 Billion IMF Bailout by Wolf Richter • Jun 14, 2018 • 66 Comments Why is anyone still lending this government any money?
Blackstone Becomes Biggest Hotel & Property Owner in Spain by Don Quijones • Jun 14, 2018 • 26 Comments The PE firm as global landlord.
Dollar’s Eroding Purchasing Power Inflates Retail Sales by Wolf Richter • Jun 14, 2018 • 49 Comments Yup, consumers have to spend more to buy the same stuff.
This Fed Grows Relentlessly More Hawkish by Wolf Richter • Jun 13, 2018 • 97 Comments Gone are the kid gloves.
China’s Global Electricity Takeover by Leonard Hyman and Willian Tilles • Jun 13, 2018 • 21 Comments Powered by low-cost state-funded capital.
Riskiest Junk Bonds Completely Blow Off the Fed, Face “Sudden” Reckoning by Wolf Richter • Jun 13, 2018 • 20 Comments Still dreaming in la-la-land.
In these US Cities, Consumers Suffer the Hottest Inflation by Wolf Richter • Jun 12, 2018 • 43 Comments Dallas-Fort Worth, not San Francisco, is in second red-hottest place.
Globalized Digital Bank Robbers Feast on Latin America by Don Quijones • Jun 12, 2018 • 23 Comments A virtual paradise for real bank heists.
The Dollar’s Purchasing Power Drops 2.9% in May from Year Ago, Fastest Drop since Nov 2011 by Wolf Richter • Jun 12, 2018 • 40 Comments Even as “hedonic quality adjustments” perform miracles to repress surging new and used vehicle inflation.
Finally: SEC Frets about Share Buybacks, “Torrent of Corporate Trading Dominating the Market” and “Short-Term Financial Engineering” by Wolf Richter • Jun 11, 2018 • 68 Comments “Right after the company tells the market the stock is cheap, executives overwhelmingly decide to sell.”
Nuts & Bolts of the Car Business: Subprime Loans, High Vehicle Prices & Big Discounts, EVs, and Why Automakers are Dropping Car Lines by Wolf Richter • Jun 11, 2018 • 68 Comments Wolf Richter with Jim Goddard on This Week in Money:
Humans Need Not Apply: AI to Take Over Customer Service Jobs by Don Quijones • Jun 10, 2018 • 82 Comments “With Amelia, we graduate into automating the knowledge worker, the customer service agent.”
My Views on US-Canada Trade, Steel’s Impact on National Security, NAFTA, and the Dollar by Wolf Richter • Jun 9, 2018 • 32 Comments Trade agreements are designed to benefit companies, not people – which is part of the problem.
Trade-War Drums: Is Mexico Ready to Fire at the US Corn Belt? by Don Quijones • Jun 9, 2018 • 56 Comments Big voices are clamoring for it in the third largest market for US food exports.
Update on the Fed’s QE Unwind by Wolf Richter • Jun 8, 2018 • 101 Comments Just as the Fed created money to buy Treasuries and MBS during QE, it now destroys money as these securities “roll off” the balance sheet.
Screwed: Real Estate Brokers Tell All by John McNellis • Jun 7, 2018 Success means being able to choose who you work with.
How Chinese Investors Inflate Housing Markets in the US, Canada, and Australia, as Governments Try to Stem the Tide by Wolf Richter • Jun 7, 2018 The “waterbed effect” of money flows.
Venezuela’s Oil Meltdown Defies Belief by Nick Cunningham • Jun 6, 2018 Even the most pessimistic output scenarios could turn out to be too hopeful.
Heavy Truck Industry on Cloud 9, Shippers Face “Capacity Crisis” by Wolf Richter • Jun 6, 2018 “Veterans in this industry are saying this is the best freight market they have ever seen.”
Tragicomic Farce at UK Bank TSB Enters Week 7 of IT Chaos by Don Quijones • Jun 6, 2018 Bank-friendly regulators finally show some interest.
Huge New Prop under the Stock Market is a One-Time Affair by Wolf Richter • Jun 5, 2018 Crash insurance with an expiration date. But its working while it lasts.
FANGMAN Stocks Are Not a Bubble, Pleads Goldman Sachs by Wolf Richter • Jun 5, 2018 This time, it’s different, say the strategists. So we’ll take a look.
Citibank, Deutsche Bank, ANZ to Fight Possible “Criminal Cartel” Charges in Australia by Safehaven • Jun 4, 2018 There’s unconfirmed speculation JPMorgan may have been granted immunity as the whistleblower.
Toronto’s House Price Bubble Not Fun Anymore by Wolf Richter • Jun 4, 2018 Average price of single-family house plunges 13%, or C$160,000 from peak. Sales of homes priced over C$1.5 million collapse by 63%. Condos still hanging on.
