What the Heck Just Happened in Argentina? by Wolf Richter • Aug 30, 2018 • 66 Comments Central Bank Hikes to 60%, Peso Collapses 24% in 2 Days, Macri Begs IMF for Faster Bailout
Supply of Homes Surges 20% to 90% in Many Markets Just as Pending Home Sales Drop by Wolf Richter • Aug 29, 2018 • 116 Comments This is not good.
The Most Splendid Housing Bubbles in America by Wolf Richter • Aug 28, 2018 • 62 Comments New York condo prices fell again. Historic spikes slow in Seattle and other metros.
7 Things that Did Not Happen to Tesla after the Friday-Night Deal-Massacre by Wolf Richter • Aug 27, 2018 • 71 Comments You’ve got to hand it to Musk.
Nafta is Dead. Long Live Nafta by Wolf Richter • Aug 27, 2018 • 70 Comments The biggest problem with Nafta remains unaddressed: Wage repression in Mexico, including via “protection contracts” as condition for building a plant.
US Yield-Curve Looks Hell-Bent on Inverting, “Flattest” Since Aug 2007 by Wolf Richter • Aug 26, 2018 • 62 Comments How does it compare to German, Japanese, and Chinese yield curves?
Fed Economists Deliver Ammo for Hawkish Approach to Inflation by Wolf Richter • Aug 26, 2018 • 49 Comments Because “outsized deviations of inflation from its target are a plausible outcome.”
No Tesla Deal! Musk Backpedals Furiously Friday Night by Wolf Richter • Aug 24, 2018 • 60 Comments “Funding secured” was a lie, conceived to manipulate up the share price.
My Inner Contrarian Wakes Up: Gold Short Positions Hit Record by Wolf Richter • Aug 24, 2018 • 114 Comments Speculators in gold price futures are short 670 tonnes – the biggest bearish position in 25 years.
Here Comes the 2nd Wave of Big Money in the “Buy-to-Rent” Scheme by Wolf Richter • Aug 23, 2018 • 127 Comments A different set of private-equity firms, at the peak of the market, as brokers constantly blame low inventories of single-family houses for sky-high prices.