Seattle house prices fall year-over-year. New York condos drop to Aug 2017 level. San Francisco Bay Area near-flat. Los Angeles, Denver, Boston set new highs. Las Vegas, Phoenix dream of crazy Housing Bubble 1. Miami stalls.
Cash running low. Brick & mortar meltdown for landlords of Dressbarn, Ann Taylor, Loft, Lou & Grey, Lane Bryant, Cacique, Catherines, and Justice. Shares annihilated.
Interest rates don’t have to be negative to make a mess in the era of “Secular Stagnation.”
Exports by China, Japan, and Eurozone under pressure — in part because of globally weak demand for new vehicles, which transcends the trade war.
Last time was during the Financial Crisis. Now it’s happening in a kinder and gentler way, but there is no crisis.
Fifth deal croaked in August. Moody’s has a cow over Ancestry.com’s deal. Deals had to be sweetened to find buyers. Retail investors bail out.
Fed Warns about “Elevated” Asset Prices and High Business Leverage.
Now they’re clamoring for this NIRP absurdity in the US. How will this end?
Vancouver sags. Calgary, Edmonton down from many years ago. Toronto rises but below 2017 peak. Montreal, Ottawa hit new highs.
The segments at the core of the Brick-and-Mortar Meltdown.