Update on the Deepening Housing Bust in Vancouver, Canada by Wolf Richter • Apr 6, 2019 • 71 Comments Market for houses freezes up. House & condo prices drop. High end hit the hardest.
Used-Car Market Profits from Carmageddon by Wolf Richter • Apr 5, 2019 • 91 Comments Many Americans are priced out of the new-car market.
Fed’s QE Unwind Reaches $535 Billion, Balance Sheet Drops to $3.94 Trillion, Old Autopilot Still Engaged by Wolf Richter • Apr 4, 2019 • 78 Comments Then there’s the sinkhole of $1.5 trillion in MBS and $617 billion in Treasuries that mature in over 10 years.
Currency-Trading Algos “Flummoxed” by Rapid-Fire Brexit Headlines by Wolf Richter • Apr 4, 2019 • 57 Comments AI Not There Yet?
Next Phase in Trucking Boom-Bust Cycle Has Started by Wolf Richter • Apr 3, 2019 • 50 Comments From “capacity panic” to “overcapacity” in less than a year?
Market is Delusional: This is Not a Rate-Cut Economy by Wolf Richter • Apr 3, 2019 • 57 Comments Growth in the service sector backs off from red-hot spurts last year but remains strong.
Q1 Carmageddon for GM, Fiat-Chrysler, Toyota, Nissan, Mercedes, Mazda… by Wolf Richter • Apr 2, 2019 • 104 Comments Ford wisely kept its mouth shut. The problem with Mercedes and BMW is that they don’t yet sell luxury pickups, though they’re finally figuring it out.
Update on the Spreading Housing Bust in Australia, and Why it’s Happening by Wolf Richter • Apr 2, 2019 • 48 Comments This bubble was not pricked by the central bank — on the contrary.
US Still Cleanest Dirty Shirt Among Manufacturing Giants, Germany Drops to Debt Crisis Levels, Japan Contracts, China Counts on Government Bailout of Private Sector by Wolf Richter • Apr 1, 2019 • 45 Comments But the US shirt is getting dirtier. Germany’s manufacturing data “makes for uncomfortable reading.”
US Dollar Status as Global Reserve Currency Edges Down Further by Wolf Richter • Apr 1, 2019 • 83 Comments Is the euro dead yet? And how is the Chinese Renminbi doing?
