The Most Splendid Housing Bubbles in America Deflate by Wolf Richter • Nov 27, 2018 • 68 Comments Seattle home prices drop at fastest pace since Housing Bust 1. Feeble declines in San Francisco, Denver, Portland, etc. Flat prices in others. Condo prices in NY City suddenly jump.
Wall Street Mega-Landlord Blackstone Turns Screw on Spanish Government & Property Market by Don Quijones • Nov 27, 2018 • 45 Comments A lot of money is at stake.
After Wasting $14 billion on Share-Buybacks, GM Prepares for Carmageddon & Shift to EVs, Cuts Employees, Closes 8 Plants by Wolf Richter • Nov 26, 2018 • 192 Comments A big shift, at a cost of $3.8 billion – which it now has to borrow.
THE WOLF STREET REPORT by Wolf Richter • Nov 25, 2018 • 47 Comments Will record business debt trigger a financial crisis? And what will it do to stocks?
Bitcoin Plunges to $3,738; Whole Crypto Scam Melts Down, Hedge Funds Stuck by Wolf Richter • Nov 25, 2018 • 200 Comments $714 billion have gone up in smoke.
Aircraft Leasing Bubble in Trouble? by MC01 • Nov 24, 2018 • 64 Comments Alarming signals are coming from an unlikely place, the market that the industry long touted as an engine of infinite growth.
Why I Think this Sell-Off is Just One Step in Methodical Unwind of Stock Prices by Wolf Richter • Nov 23, 2018 • 143 Comments One after the other, individual stocks are getting crushed.
Mining Sector in Mexico Next Target of “AMLO Effect,” Shares Plunge by Don Quijones • Nov 23, 2018 • 19 Comments Mexico is #1 Silver Producer in the World, #2 Gold Producer in Latin America, and a Major Copper Producer.
438 Stocks on the NYSE Have Already Plunged 40%-94% from 52-Week Highs by Wolf Richter • Nov 22, 2018 • 37 Comments Bloodletting beneath the surface. Big names too. Here they are.
QE Created Dangerous Financial Dependence, Italy Hooked, Withdrawal Next, ECB Warns by Don Quijones • Nov 22, 2018 • 72 Comments “Who will purchase €275 billion of government debt Italy is to issue in 2019?”
