Inflation by City, from Hot to Cool, from San Francisco to Chicago by Wolf Richter • May 10, 2019 • 87 Comments Here’s Where Americans Suffer Hot Inflation, But There Are Cool Spots Too
House Flipper Zillow Lost $109K (37%) Per Flip, Net Loss Triples, Shares Soar by Wolf Richter • May 10, 2019 • 105 Comments But this new and horrendous house flipping operation inflated revenues “more than expected.”
In July, I Stuck My Neck Out to See a Housing Market Turning Point in San Francisco Bay Area’s Sonoma County: Here’s an Update on My Neck by Wolf Richter • May 9, 2019 • 45 Comments Now even the surface of the market has softened, not just the underlying dynamics.
Fed Launches ‘Rate Peg Instead of QE’ Trial Balloon for Next Crisis by Wolf Richter • May 8, 2019 • 87 Comments Wall Street hype artists and QE mongers would be deeply disappointed.
The State of the American Debt Slaves, Q1 2019 by Wolf Richter • May 8, 2019 • 150 Comments It’s a tough job, but someone’s doing it.
While I Was Away from My Desk, Dow Drops 473 Points by Wolf Richter • May 7, 2019 • 61 Comments Oh lordy, in a market where nothing can go wrong, Dow falls below January 2018 level.
Vancouver Housing Bust Steepens, Bank of Canada Welcomes “Froth” Coming Off by Wolf Richter • May 6, 2019 • 46 Comments “It is their interaction with froth that matters most. How much a housing market adjusts depends on how much froth there is”: Poloz
Manufacturing and Services Out of Sync, Not Just in the US by Wolf Richter • May 6, 2019 • 68 Comments Goods producing economy suffers globally. Services expected to keep it all taped together.
THE WOLF STREET REPORT by Wolf Richter • May 5, 2019 • 82 Comments Can Australia’s Housing Bust Morph into a Financial Crisis?
Trucking Skids into Downturn after Phenomenal Boom by Wolf Richter • May 4, 2019 • 106 Comments A hard U-Turn.