The Glory Days for US High-End Real Estate Are Over by Wolf Richter • Dec 25, 2017 • 36 Comments What does this say about the overall housing market? And are the industry’s home-price numbers inflated to promote higher home prices?
How Opaque Healthcare Pricing Mechanisms Rip Off Consumers by Michael Gorback, M.D. • Dec 25, 2017 • 66 Comments “I’ve been pounding the table about location-based pricing for years. Now we have hard data.”
Cryptocurrency Mania is the Most Fascinating Financial Phenomenon I’ve Ever Seen by Wolf Richter • Dec 24, 2017 • 101 Comments The piquant irony: This was recorded on Wednesday, before the stupendous crypto-crash on Friday when some of the things we’d discussed two days earlier actually occurred.
Next Phase in Forcing Biometric Tracking on Consumers by Don Quijones • Dec 23, 2017 • 66 Comments Ironically, banks in Mexico lead the way.
Cryptocurrencies Crash 25% to 50% across the Board by Wolf Richter • Dec 22, 2017 • 104 Comments You’ll get whiplash just from watching.
What Will the Tax Law Do to Over-Indebted Corporate America? by Wolf Richter • Dec 22, 2017 • 49 Comments A crackdown on excessive debt. Financial engineering gets more expensive.
Big Banks Are All Over Blockchain by Don Quijones • Dec 21, 2017 • 32 Comments Just don’t call it cryptocurrency. It’s a “digital currency.”
PG&E Suspends Dividends, “Uncertainty Related to Causes” of Bay Area Wildfires. Shares Plunge Further by Wolf Richter • Dec 21, 2017 • 77 Comments California utility goes for “cash conservation.” Investors, not just rate payers, to foot the bill.
What Will the Tax Bill Do to the Housing Market? by Wolf Richter • Dec 20, 2017 • 116 Comments The enormity of this change has not been fully appreciated just yet.
Margin Debt, Backed by Enron-Déjà-Vu Steinhoff Shares, Hits BofA, Citi, HSBC, Goldman, BNP by Wolf Richter • Dec 19, 2017 • 57 Comments “Shadow margin” is a hot business for brokers. Now they lick their wounds.