Why a US-Style Housing Bust & Mortgage Crisis Can Happen in Canada, Australia, and Other Bubble Markets by Wolf Richter • Jun 20, 2018 • 80 Comments Despite persistent and false memes to the contrary.
The Smart Money Gets Ready for the Next Credit Event by Wolf Richter • Jun 19, 2018 • 65 Comments “It feels like we’re about 12 months away, but we could get into extended innings.”
Shanghai Plunges 3.2%, below 3,000 for 1st Time in 2 Years, After Trump Threatens to Massively Escalate Trade War and China Threatens to Massively Retaliate by Wolf Richter • Jun 19, 2018 • 117 Comments Apparently, the trade talks have collapsed.
Chasing Yield during ZIRP & NIRP Evidently Starved Human Brains of Oxygen. Now the Price Is Due by Wolf Richter • Jun 18, 2018 • 41 Comments See Argentina’s 100-year dollar-bond and emerging-market dollar “turmoil” as the Hot Money flees.
Trucking, Rail Freight Prices Surge, Trigger “Inflationary Concerns” by Wolf Richter • Jun 18, 2018 • 57 Comments Everything is spiking.
Next Mortgage Default Tsunami Isn’t Going to Drown Big Banks but “Shadow Banks” by Wolf Richter • Jun 17, 2018 • 62 Comments As banks pull back from mortgage lending amid inflated prices and rising rates, “shadow banks” have become very aggressive.
Who the Heck Bought $1.2 trillion in New US Treasuries over the past 12 Months? by Wolf Richter • Jun 15, 2018 • 61 Comments Russia, Japan, and the Fed dumped. So who bought?
Seems Impossible, but Argentina’s Peso Was Able to Collapse even Further Despite $50 Billion IMF Bailout by Wolf Richter • Jun 14, 2018 • 67 Comments Why is anyone still lending this government any money?
Dollar’s Eroding Purchasing Power Inflates Retail Sales by Wolf Richter • Jun 14, 2018 • 49 Comments Yup, consumers have to spend more to buy the same stuff.
This Fed Grows Relentlessly More Hawkish by Wolf Richter • Jun 13, 2018 • 96 Comments Gone are the kid gloves.
