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.
Is the UK’s “Next Carillion” About to Fall? by Don Quijones • Nov 13, 2018 • 26 Comments The outsourcing & construction giant with 70,000 employees is “circling the drain.”
“Outlook Deteriorated Even More for the Eurozone than for Germany” (Despite NIRP?) by Wolf Richter • Nov 13, 2018 • 41 Comments Export-Dependent Germany Hit by More than US-China Trade War.
FANGMAN Come Re-Unglued. Debacles Sink Goldman Sachs, Apple, and — Oh Gosh, Not Again — GE by Wolf Richter • Nov 12, 2018 • 68 Comments Fears the bull market died sent people & algos scrambling out of the way.
Real Canadian Mortgage Growth Points to Early-80s-Style Meltdown by Stephen Punwasi • Nov 12, 2018 • 20 Comments We’re overestimating growth, thinking of it as heading towards low growth. In reality, we’re heading towards negative growth, once adjusted for inflation.
THE WOLF STREET REPORT by Wolf Richter • Nov 11, 2018 • 84 Comments Has the Fed Made a Deal with Trump?
