Bundesbank Hauls its Gold back from New York & Paris Faster than Planned by Wolf Richter • Dec 25, 2016 • 59 Comments A “trust-building” measure after a huge hullabaloo about the missing gold.
A New Crisis Is Brewing in Spain by Don Quijones • Dec 24, 2016 • 17 Comments The government raided the state pension fund. And now what?
Canada’s Goods Producing Sector Caves by Wolf Richter • Dec 23, 2016 • 70 Comments Exports, particularly to the US get blamed, despite the crushed loonie.
World Trade Falls to 2014 Level, just in Time for a “Trade War” by Wolf Richter • Dec 23, 2016 • 105 Comments Threatened Trade War meets the Great Stagnation.
France Comes up with a Real Jewel to Prop up its 4 TBTF Banks by Don Quijones • Dec 22, 2016 • 24 Comments To cover a capital shortfall of €50 billion.
Red Flag on Recession Crops up in NY Fed’s Coincident Economic Index by Wolf Richter • Dec 22, 2016 • 39 Comments Last time the index declined was in November 2009.
Even Single-Family Rentals Sink in Once Hottest Markets by Wolf Richter • Dec 21, 2016 • 49 Comments San Francisco, San Jose, New York… and cracks appear even in Seattle’s crazy Rent Boom
Nightmare Before Christmas for Spanish Banks by Don Quijones • Dec 21, 2016 • 30 Comments The European Court of Justice refused to listen.
IPOs Have Worst Year since 2003, and the Dow is at 20,000? by Wolf Richter • Dec 20, 2016 • 41 Comments There’s only one thing that has pumped up this market.
What the Heck’s Happening to Our Share Buyback Boom? by Wolf Richter • Dec 20, 2016 • 34 Comments Going down the drain, putting this wondrous stock market at risk?