Next Brick to Drop on UK Economy: Housing Bubble Deflates by Don Quijones • Aug 25, 2017 • 41 Comments London home prices are already tanking, as demand sags.
US Sanctions May Play into China’s and Russia’s Hands by Contributor • Aug 24, 2017 • 30 Comments Venezuela is going to have one heck of an “Oil Fire Sale.”
San Francisco Bay Area Pending Home Sales Plunge by Wolf Richter • Aug 24, 2017 • 90 Comments Ludicrously high home prices hit end of the employment boom?
Uber Wants You to Know it’s Not Collapsing by Wolf Richter • Aug 23, 2017 • 64 Comments Total Immersion Chaos.
Fitch Threatens US with Downgrade by Wolf Richter • Aug 23, 2017 • 59 Comments Did it forget how the US government hounded Standard & Poor’s?
Banks Earn Record Profits in Q2, Savers Sacrificed: FDIC by Wolf Richter • Aug 22, 2017 • 57 Comments $9 trillion in deposits go a long way.
“Full-Fledged Housing Crisis” in Silicon Valley, Insider View by John McNellis • Aug 22, 2017 • 67 Comments As long as local officials strangle housing starts, the mirage of affordability will be pushed further toward the distant horizon.
US Gross National Debt to Spike by $800 Billion in October? by Wolf Richter • Aug 21, 2017 • 111 Comments The other option: too ugly to even imagine.
Stock & Bond Markets in Denial about QE Unwind, but Banks, Treasury Dept Get Antsy by Wolf Richter • Aug 21, 2017 • 49 Comments “Let markets clear.” It’ll be just “a financial engineering shock.”
US Asset Bubbles Crack as Frantic China “Restricts” Outbound Investments by Wolf Richter • Aug 20, 2017 • 120 Comments What happens to prices when the biggest, reckless buyer walks away?