Anatomy of the Housing Downturn in Vancouver, Canada by Wolf Richter • Nov 11, 2018 • 72 Comments It’s not pretty.
Billions for Planes, Billowing Losses by MC01 • Nov 10, 2018 • 68 Comments The Long-Haul “Low-Cost Carrier” Business Model in a world awash in cheap money.
This is What Retail Investors Did with GE This Year as it Plunged by Wolf Richter • Nov 9, 2018 • 69 Comments Lured by the siren song of a “buying opportunity” and a fat yield.
Bank Shares in Mexico (and Beyond) Plunge as Incoming Government Threatens Core Business: Fee Gouging by Don Quijones • Nov 9, 2018 • 12 Comments Part of a global trend, as exasperated consumers are squealing, but no country has threatened to do what Mexico proposed.
Hilarious How Wall-Street Crybabies Whine about the Fed’s QE Unwind after a Decade of “Wealth Effect” by Wolf Richter • Nov 8, 2018 • 124 Comments Their “Everything Bubble” is being pricked “gradually,” and they don’t like it.
As Regulatory Fog Thickens, Pre-Brexit Angst Takes Toll by Don Quijones • Nov 8, 2018 • 21 Comments City of London Just Lost a $240-Billion-a-day Financial Market.
The State of the American Debt Slaves, Q3 2018 by Wolf Richter • Nov 7, 2018 • 95 Comments Consumers are being lackadaisical again with their plastic.
Startup Boom a “Dangerous, High-Stakes Ponzi Scheme”: Silicon Valley Investor by Wolf Richter • Nov 7, 2018 • 60 Comments “It’s time to wait patiently as the air is slowly let out of this bizarre Ponzi balloon created by the venture capital industry.”
Flip-Flop of Prior Flip-Flop by Spanish Supreme Court Flip-Flops Bank Stocks by Don Quijones • Nov 7, 2018 • 12 Comments There’s nothing like a sympathetic Supreme Court.
Mattress Firm’s Moral Bankruptcy by John McNellis • Nov 6, 2018 • 40 Comments Moral bankruptcy may be one of the quickest preludes to Chapter 11.