Bubbles don’t end well for those who don’t get out in time.
The soothingly low mortgage delinquency rate is a deceptive indicator: the New York Fed weighs in.
“Don’t write any more blog posts to blame pensioners for the collapse of Sears Holding after you wasted $5.8 billion on share buybacks.”
Defying my dictum that nothing goes to hell in a straight line.
But the cost of shipping surges, no holds barred.
Women weren’t so lucky either. But who got the spoils?
Refinancing activity plunges to the lowest level since 2000.
In 9 charts. Red indicates the moves since the inflection point in June.
A distant possibility in early 2018 is making its way to reality.
Prices spike to record. Consumers, struggling with affordability, switch from new to used.