More ECB Bond Holdings Get in Trouble: Infrastructure Giant Atlantia, Infamous for Collapsed Genoa Bridge, Could Lose its Core Business by Nick Corbishley • Jan 4, 2020 • 67 Comments Amid a slew of problems.
Manufacturing Employment, New Orders & Production Fall Fastest Since Apr-Aug 2009 by Wolf Richter • Jan 3, 2020 • 91 Comments An ugly report. How will it impact the overall economy?
What the Fed Did to Calm Year-End Hissy-Fit of its Crybaby Cronies on Wall Street by Wolf Richter • Jan 2, 2020 • 105 Comments But on Jan 1, it removed $64 billion in liquidity via gigantic “Reverse Repo.” And it continues to shed MBS.
Status of US Dollar as Global Reserve Currency v. Euro, Yen, Chinese Renminbi, & Others by Wolf Richter • Jan 2, 2020 • 111 Comments Latest data is out. Folks who hoped the Renminbi would break the dollar hegemony have to be very patient.
The Most Splendid Housing Bubbles in America, Dec. Update by Wolf Richter • Jan 1, 2020 • 149 Comments Prices fall year-over-year in San Francisco Bay Area & New York condo market. Seattle below June 2018. Chicago nearly flat year-over-year. Other markets lose steam. Phoenix, Tampa, Charlotte surge.