The Most Splendid Housing Bubbles in Canada, May Update by Wolf Richter • Jun 19, 2019 • 40 Comments Vancouver housing bubble sags. Toronto down 3.4% from peak. Calgary and Edmonton back to 2007. Montreal sets new record. National index ticks up the least for any May in 21 years of data.
No, Rate Cuts Were Not Discussed: ECB Insiders Out Draghi as Fabricator & Schemer, and Talk to Reuters by Wolf Richter • Jun 18, 2019 • 58 Comments Draghi’s shenanigans get hilarious, just months before his term ends.
Trucking Swerves Deep into Slump, from Red-Hot Boom. Smaller Truckers Hit Hardest by Wolf Richter • Jun 18, 2019 • 40 Comments Freight shipments dropped the most since Nov 2009.
Who Bought the Nearly $1 Trillion of New US Government Debt over the Past 12 Months? by Wolf Richter • Jun 17, 2019 • 74 Comments The Fed & China dumped. But there was huge demand elsewhere. Here’s who bought.
THE WOLF STREET REPORT by Wolf Richter • Jun 16, 2019 • 47 Comments Normal Americans, the Existential Threat for Retailers.
Inspired by Deutsche Bank Death Spiral, European Banks Sink to Dec 24, 2018 Level – First Seen in 1995 by Wolf Richter • Jun 15, 2019 • 73 Comments The benefit of NIRP: There’s hell to pay – even the ECB admits it.
My Perspective on the Murk of Official Retail-Sales Inflation, with Some Surprising Illustrations by Wolf Richter • Jun 14, 2019 • 109 Comments My couch, jeans, car, PC, sheets, and phone weigh in on globalization and the internet.
The State of the Canadian Debt Slaves, and How They Compare to the American Debt Slaves by Wolf Richter • Jun 13, 2019 • 107 Comments This, despite still ultra-low interest rates and highest disposable income ever.
Walmart’s Desperate $3.3 Billion Acquisition of Jet.com Fails. But it Now Discloses its US Online Sales, and They’re Big by Wolf Richter • Jun 13, 2019 • 60 Comments Ecommerce is an existential threat to Walmart, and it’s furiously trying to get on top of it, whatever the cost may be.
The Fed Calls it “Collateral Stripping.” These PE Firms Took it to the Next Level and Just Got Away With It by Wolf Richter • Jun 12, 2019 • 56 Comments Neiman Marcus newest disclosures – and what the crazy-hot IPO market has to do with it.
