Where’s Citizenship for Sale? Huddled Masses Need Not Apply by Wolf Richter • Mar 17, 2017 • 50 Comments Most countries offer citizenship (passports) the hard way. But 7 sell them outright, and 3 have “powerful” passports. “Citizenship Planning” is a thing.
How Auto Sales Are Getting Crushed in Houston by Wolf Richter • Mar 15, 2017 • 34 Comments First oil & gas, then construction, then new vehicle sales.
Inflation Hits Consumers, Mortgage Rates Take Off, “Financial Repression” for Bondholders and Savers by Wolf Richter • Mar 15, 2017 • 77 Comments The Fed is way behind the curve, but at least it now sees the curve.
Foreign Investors Pile into US Commercial Real-Estate Bubble by Wolf Richter • Mar 14, 2017 • 32 Comments With impeccable timing, after a blistering 7-year price boom.
“In the Short Run, It’s Very Difficult to See When to Bail Out” by Wolf Richter • Mar 14, 2017 • 37 Comments Robert Shiller turns sour on the “way overpriced” stock market.
Bond “Carnage” hits Mortgage Rates, Aims at Housing Bubble 2 by Wolf Richter • Mar 13, 2017 • 101 Comments “Many fear the Fed is behind the curve. The market is even further behind: This is clearly a dangerous situation.”
Brexit Drains Swamp in London, Creatures Head to Luxembourg by Wolf Richter • Mar 13, 2017 • 21 Comments Tax planning for a post-Brexit world.
Restaurant Recession Meets February Debacle by Wolf Richter • Mar 11, 2017 • 72 Comments What does inflation have to do with it?
Snap’s IPO Shares Should be “Junk Equity”: CalPERS by Wolf Richter • Mar 10, 2017 • 43 Comments The scam around the stock of Snapchat’s parent, and a revolt by institutional investors that may have to buy the shares.
Deutsche Bank Tries to Stay Alive by Wolf Richter • Mar 9, 2017 • 15 Comments “One of the hardest things to do is to shrink your way to profitability.”