US Gross National Debt Jumps by $1.27 Trillion in Fiscal 2018, Hits $21.5 Trillion by Wolf Richter • Oct 1, 2018 • 130 Comments But wait — these are the Boom Times!
Update on Popping Housing Bubbles in Sydney & Melbourne by Wolf Richter • Oct 1, 2018 • 51 Comments Every housing bubble requires the connivance of the banks and regulators. Australia is no exception.
US Dollar Refuses to Die as Global Reserve Currency — But Loses Ground by Wolf Richter • Sep 30, 2018 • 63 Comments Chinese RMB gains, but is inconsequential as central banks remain leery. Euro hangs on.
Why Rising Mortgage Rates Threaten Canada’s Banks by Wolf Richter • Sep 30, 2018 • 39 Comments Variable-rate and adjustable-rate mortgages dominate in Canada.
Musk Settles with SEC, Booted as Tesla Chairman. SEC Forces Tesla to Control his Lie-Tweets by Wolf Richter • Sep 29, 2018 • 57 Comments Not a slap on the wrist, but not a summary execution either.
Inversion Watch: Dancing the Global “Yield Curve” Tango? by Wolf Richter • Sep 29, 2018 • 13 Comments Treasury yield curve survives rate hike upright. Yield curves steepen in China, Japan & Germany. Era of NIRP scheduled to end.
The Rental Markets in America, from Hot to Cold by Wolf Richter • Sep 28, 2018 • 48 Comments By city, down to the neighborhood.
SEC Socks it to Tesla CEO Musk, Shreds his Paper Halo by Wolf Richter • Sep 27, 2018 • 86 Comments SEC charges him with securities fraud, seeks to oust him from Tesla.
The Fed’s Not Backing Off: Powell’s Standouts & Zingers at the Press Conference by Wolf Richter • Sep 26, 2018 • 67 Comments The US is “on an unsustainable fiscal path, there’s no hiding from it.”
What Will Surging Mortgage Rates Do to Housing Bubble 2? by Wolf Richter • Sep 26, 2018 • 66 Comments 5% is here, 6% beckons as the next target.