A Housing Bubble Pops: Update on Australia by Wolf Richter • Aug 1, 2018 • 31 Comments It is rare that a housing market makes such a beautifully defined U-turn, after a long hard surge.
Was Aramco’s IPO Destined To Fail? by Oilprice.com • Aug 1, 2018 • 17 Comments Saudi Arabia appears to have scuttled its plans for the largest IPO ever — a move that may be explained partly by higher oil prices and partly by more dubious reasons.