Australian Housing Illusion Set to Burst by Mark Hansen • Nov 9, 2015 • 15 Comments Possibly driving an already weak economy into recession.
Venezuela Liquidates Gold, other Assets as Crisis Worsens by Nick Cunningham • Nov 9, 2015 • 7 Comments Teetering on the brink of catastrophe.
China Trade Swoons, Collapse of Containerized Freight Index Hits Worst Level Ever, Global Slowdown Worse than Forecast by Wolf Richter • Nov 9, 2015 • 33 Comments But it “shouldn’t lead to an outright crisis,” like the Financial Crisis, “at this point in time.”
San Francisco’s Luxury Condo Bubble Turns into Condo Glut by Wolf Richter • Nov 8, 2015 • 21 Comments Bottom falls out of luxury real estate. Even houses.
“First They Came for the Pennies…” in the War on Cash by Don Quijones • Nov 7, 2015 • 34 Comments But who is the governments’ strongest ally in their War on Cash?
Merger-Mania Bites Back, Men’s Wearhouse Crashes by Wolf Richter • Nov 6, 2015 • 11 Comments Blood-soaked investors are ruing the day.
Seeing the New America in the Details of the Jobs Report by Larry Kummer • Nov 6, 2015 • 12 Comments We’re sending more kids to college, but does the economy create good jobs for them?
Giant Sucking Sound of Capital Destruction in US Oil & Gas by Wolf Richter • Nov 5, 2015 • 23 Comments Now it’s getting serious.
Kamikaze Economics: Spain Threatens to Cut Financial Supply Lines to Its Richest Region by Don Quijones • Nov 5, 2015 • 11 Comments Political Expedience, Economic Madness.
“Strong Dollar” Headed for the Chopping Block? by Wolf Richter • Nov 5, 2015 • 27 Comments Moment of truth for over-indebted Corporate America.
