Consumers Stubbornly Cling to Cash, after Multiple IT Fiascos & Payment Systems Outages by Don Quijones • Jun 16, 2018 • 53 Comments An industry dogged by non-believers who fret about privacy and fraud.
Who the Heck Bought $1.2 trillion in New US Treasuries over the past 12 Months? by Wolf Richter • Jun 15, 2018 • 61 Comments Russia, Japan, and the Fed dumped. So who bought?
Canada Has a Subprime Real Estate Problem, You just Don’t Know It by Stephen Punwasi • Jun 15, 2018 • 57 Comments Subprime goes to the Toronto condo market.
Seems Impossible, but Argentina’s Peso Was Able to Collapse even Further Despite $50 Billion IMF Bailout by Wolf Richter • Jun 14, 2018 • 67 Comments Why is anyone still lending this government any money?
Blackstone Becomes Biggest Hotel & Property Owner in Spain by Don Quijones • Jun 14, 2018 • 26 Comments The PE firm as global landlord.
Dollar’s Eroding Purchasing Power Inflates Retail Sales by Wolf Richter • Jun 14, 2018 • 49 Comments Yup, consumers have to spend more to buy the same stuff.
This Fed Grows Relentlessly More Hawkish by Wolf Richter • Jun 13, 2018 • 96 Comments Gone are the kid gloves.
China’s Global Electricity Takeover by Leonard Hyman and Willian Tilles • Jun 13, 2018 • 22 Comments Powered by low-cost state-funded capital.
Riskiest Junk Bonds Completely Blow Off the Fed, Face “Sudden” Reckoning by Wolf Richter • Jun 13, 2018 • 20 Comments Still dreaming in la-la-land.
In these US Cities, Consumers Suffer the Hottest Inflation by Wolf Richter • Jun 12, 2018 • 43 Comments Dallas-Fort Worth, not San Francisco, is in second red-hottest place.