“Office-Using Employment” in San Francisco and Silicon Valley Gets Hit by Wolf Richter • Oct 26, 2017 • 51 Comments Something convoluted is happening in the office sector.
The EU Just Did the Big Banks a Massive Favor by Don Quijones • Oct 25, 2017 • 33 Comments “Testimony to the iron grip the financial industry’s lobby still exerts on governments and legislators.”
Housing Bubble 2 Gets Complicated: Pending Home Sales Plunge in San Francisco Bay Area, Drop in all California by Wolf Richter • Oct 25, 2017 • 89 Comments But upward pressure on already crazy home prices persists.
Einhorn Vents his Frustrations about the Crazy Markets by Wolf Richter • Oct 24, 2017 • 64 Comments Why trying to bet against this madness is a widow-maker trade. Logic has nothing to do with it.
What Junk-Rated Netflix just Said about the Bond Market by Wolf Richter • Oct 24, 2017 • 121 Comments It lives in a fantasy world.
How Silicon Valley’s Dirty Tricks Helped Stall Broadband Privacy in California by Electronic Frontier Foundation • Oct 24, 2017 • 22 Comments The tech industry, including Facebook and Google, lent their support to a host of misleading scare tactics — and it’s spreading to other states.
Manhattan Office Bubble Fizzles without Big Chinese Buyers by Wolf Richter • Oct 23, 2017 • 39 Comments Sales volume in Q3 plunges 67% from a year ago.
Wall Street Piles into Cryptocurrencies, Others Speak of “Biggest Scam Ever” by Wolf Richter • Oct 23, 2017 • 141 Comments I don’t remember ever having seen crazier times of more pandemic proportions.
US Treasury Rates Hit Nine-Year Highs by Wolf Richter • Oct 22, 2017 • 77 Comments But the yield spread collapses to lowest since early in the Financial Crisis. Even the Fed is worried.
Catalonia’s Political Crisis Snowballs into an Economic Crisis by Don Quijones • Oct 21, 2017 • 58 Comments Independence would be “horrific” and amount to “financial suicide,” said Spain’s Economy Minister. But financial suicide for whom?