Why California’s Housing Market is in for Serious Trouble by Wolf Richter • Dec 4, 2018 • 113 Comments Homebuilder Toll Brothers just said it out loud.
Bubble Trouble: Silicon Valley & San Francisco Housing Markets Head South by Wolf Richter • Dec 3, 2018 • 92 Comments The underlying dynamics changed in August and have worsened since. And this is still the tech boom.
ECB Just Launched “Better Than Blockchain” Instant Payments System by Don Quijones • Dec 3, 2018 • 60 Comments But will the big banks play along?
The Fed Explains the Rate Hikes: To Prevent Financial Crisis 2 by Wolf Richter • Dec 2, 2018 • 74 Comments Instead of “bubble” or “collapse,” it uses “valuation pressures” and “broad adjustment in prices.” Business debt, not consumer debt, is the bogeyman this time.
Update on the Housing Bust in Sydney & Melbourne, Australia by Wolf Richter • Dec 1, 2018 • 62 Comments This is not exactly slow motion anymore.