GDP Rose by $1.0 Trillion in 2018, US Gov. Debt by $1.3 Trillion by Wolf Richter • Feb 28, 2019 • 103 Comments Where would GDP growth be without federal borrow-and-spend?
“Shadow Banks” Dominate Mortgage Lending by Piling on Risks. Federal Housing Administration (FHA) on the Hook by Wolf Richter • Feb 27, 2019 • 66 Comments But deposit-taking banks have pulled back.
The Most Splendid Housing Bubbles in America Get Pricked by Wolf Richter • Feb 26, 2019 • 128 Comments San Francisco Bay Area & Seattle lead with biggest multi-month drops since 2012; San Diego, Denver, Portland, Los Angeles decline. Others have stalled. A few eke out records.
Oops, Imports by China, Emerging Asia Plunge Most Since 2008 by Wolf Richter • Feb 26, 2019 • 71 Comments These unsettling tidbits about sudden problems on the demand-side in China.
Inventory Pileup Sounds Alarm for Goods-Based Economy by Wolf Richter • Feb 25, 2019 • 61 Comments “In 30 years, I’ve never seen anything like this”: CEO of warehouse operator Pacific Mountain Logistics.
Carmageddon for Ford in the US, China, and Europe by Wolf Richter • Feb 22, 2019 • 102 Comments The New Emissions & Fuel-Economy Cheating Scandal is just a Dimple.
The US Housing Market Begins to Feel the Pain by Wolf Richter • Feb 21, 2019 • 135 Comments Fact is, home prices cannot outrun wages forever.
What the Fed Actually Said About Ending the QE Unwind by Wolf Richter • Feb 21, 2019 • 42 Comments A plan is forming with a slow-motion component, and everyone wants to get rid of MBS
My Fancy-Schmancy “Fed Hawk-o-Meter” Ticks Down, Still Red-Lines. In Passing, Fed Plants Seed for Removing “Patient” by Wolf Richter • Feb 20, 2019 • 77 Comments Oh dude, glad no one saw it.
