Bubble Trouble: Seattle-Bellevue Metro Housing Market Goes South by Wolf Richter • Nov 17, 2018 • 114 Comments The inflection point was July. Conditions have deteriorated since.
Resurrected Abengoa & Construction Giant OHL Flirt with Collapse by Don Quijones • Nov 17, 2018 • 24 Comments After years of dodgy accounting and mismanagement.
Housing Downturn Arrives in Silicon Valley & San Francisco by Wolf Richter • Nov 16, 2018 • 79 Comments The inflection point: sellers got the memo and cut prices.
How US Oil Booms & Busts Hit Industrial Production by Wolf Richter • Nov 16, 2018 • 17 Comments Fueled by cheap money and by dashed hopes of high oil prices.
WTF Just Happened with Natural Gas? by Wolf Richter • Nov 15, 2018 • 48 Comments If you blinked, you missed it.
France Chases London’s Gold Market Amid Soft-Brexit Hopes by Don Quijones • Nov 15, 2018 • 19 Comments In the feverish reshuffling of financial services for a post-Brexit world, London still comes out ahead, but less so.
Mortgage Rates May Hit 6% Sooner, as Fed Sheds Mortgage-Backed Securities, But What Will that Do to Housing Bubble 2? by Wolf Richter • Nov 14, 2018 • 116 Comments Mortgage rates are climbing faster than the 10-year Treasury yield.
Will PG&E Have to File for Bankruptcy Protection? by Leonard Hyman and Willian Tilles • Nov 14, 2018 • 60 Comments For investors there is little clarity through the smoke and haze.
My Note on Macy’s Undisclosed Brick-and-Mortar Swoon by Wolf Richter • Nov 14, 2018 • 54 Comments The dirty secret Macy’s is hiding.
Oil Bust Sequel? WTI Plunges over 7% to $55 by Wolf Richter • Nov 13, 2018 • 75 Comments Whiff of short-term capitulation. But crude oil fundamentals not promising.