Government Shutdown Stops Nasty Housing Data in its Tracks by Wolf Richter • Dec 27, 2018 • 29 Comments Homebuilders, a bedraggled bunch, breathe a sigh of relief, but get crushed anyway.
The Most Splendid Housing Bubbles in America Decline by Wolf Richter • Dec 26, 2018 • 57 Comments Seattle house prices drop 4.4% in four months, biggest drop since Housing Bust 1; Prices deflate in San Francisco Bay Area, San Diego, Denver, and Portland.
My Theory About Gold as Diversification to the Busted “Everything Bubble” by Wolf Richter • Dec 25, 2018 • 138 Comments And over the long term? It gets complicated, as they say.
Nasdaq, “Tech,” & IPOs are in for Gut-Wrencher by Wolf Richter • Dec 24, 2018 • 71 Comments Nasdaq down 24% already. Renaissance IPO ETF down 31%. But Uber and other unicorns plan record IPOs in 2019, à la dotcom-crash-debut in 2000.
THE WOLF STREET REPORT by Wolf Richter • Dec 23, 2018 • 37 Comments The Junk-Bond Market Just “Puked.”
Nothing Goes to Hell in a Straight Line, Not Even Stocks by Wolf Richter • Dec 22, 2018 • 122 Comments But a whole generation of investors has never been through a Nasdaq-bubble unwind, and they’re shocked.
$1.3 Trillion “Leveraged Loan” Boom Comes Unglued by Wolf Richter • Dec 21, 2018 • 70 Comments The Fed has warned about them, and investors fear a run-on-the-fund.
Deutsche Bank Death Spiral Hits Historic Low. European Banks Follow by Wolf Richter • Dec 20, 2018 • 81 Comments Bottom fishers were taken out the back and shot.
Stocks Tank 3% in 2 Hours after the Fed Refuses to Flip-Flop by Wolf Richter • Dec 19, 2018 • 129 Comments Under tremendous pressure, the Fed sticks to its guns, mostly, and the crybabies are having a cow.
Downturn in Local Housing Markets Hit National Averages by Wolf Richter • Dec 19, 2018 • 51 Comments Existing home sales across the US drop 7% from a year ago, plunge 15.4% in the West.