Job Market Nearing Full “Recovery?” Here’s a Dose of Reality by Doug Short • Dec 8, 2016 • 126 Comments Don’t Trust the low Unemployment Rate for the Answer!
US Shale Set To Kill Oil-Price Rally by Nick Cunningham • Dec 7, 2016 • 14 Comments Demand-driven price rallies are more sustainable, but that’s not what we have today.
Texans Close their Wallets, Houston’s Economy Gets Crushed by Wolf Richter • Dec 7, 2016 • 55 Comments It’s not just the oil bust.
Foreclosure Crisis Comes Full Circle? Biggest Buy-to-Rent Landlord Plans IPO (Despite Red Ink Everywhere) by Wolf Richter • Dec 6, 2016 • 78 Comments The financialization of rents.
This is how the Fed Has Been Sneak-Tightening Notch by Notch by Wolf Richter • Dec 6, 2016 • 48 Comments And it’s now hitting home.
Get Used to Lousy Growth AND Rising Rates: Fed Dove Dudley by Wolf Richter • Dec 5, 2016 • 93 Comments The bond market is already doing the math.
Italians Vote “No,” Renzi to Resign, Banking Crisis Now Looking for Taxpayers by Wolf Richter • Dec 4, 2016 • 73 Comments Teetering Eurozone banks exposed to flying shrapnel.
Why No One Will Even Try to Tame the US Healthcare Monster by Wolf Richter • Dec 4, 2016 • 155 Comments Though it cannibalizes the rest of the economy.
The Fix Is Already In, as Italy’s Moment of Truth Beckons by Don Quijones • Dec 3, 2016 • 54 Comments Banks cannot be allowed, at any cost, to suffer the consequences of their own chronic mismanagement, or worse.
Vancouver Housing Market Freezes Up, Sales Crash, Prices Sag, For-Sale Signs Proliferate by Wolf Richter • Dec 2, 2016 • 90 Comments “Entire Swaths of our neighborhood are covered with For-Sale signs”: photos by our boots-on-the-ground Angela Johnson.