These 2 Forces Will Crush the San Francisco Housing Bubble by Wolf Richter • Jul 5, 2016 • 76 Comments Already happening, with impeccable timing.
LEAKED: Japan’s Mega-Pension Fund Plows into Stocks, Eats $50Bn Loss, Tries to Hide it till after Election by Wolf Richter • Jul 3, 2016 • 29 Comments Benefiting hedge funds and banks that had front-run the fund.
What the Heck is Happening to Junk Bonds? by Wolf Richter • Jul 1, 2016 • 12 Comments Honeymoon already over? Bad breath of reality next?
It Gets Real: Manhattan Apartment Sales Plunge by Wolf Richter • Jun 30, 2016 • 64 Comments And condo prices plummet 14.5% in 3 months.
NIRP Absurdity Soars after Brexit, Hits $11.7 Trillion by Wolf Richter • Jun 29, 2016 • 49 Comments No one knows how to back out without blowing up the whole system.
When Markets Sour, Stuff Suddenly Oozes from the Woodwork by Wolf Richter • Jun 28, 2016 • 45 Comments “The bezzle shrinks”: LendingClub, Theranos, Breitling Energy
How Vulnerable is the Shaky US Economy to Brexit Fallout and European Bank Meltdown? by Wolf Richter • Jun 27, 2016 • 32 Comments Business optimism “lowest since the height of the Financial Crisis.”
European Banks Get Crushed, Worst 2-Day Plunge Ever, Italian Banks to Get Taxpayer Bailout, Contagion Hits US Banks by Wolf Richter • Jun 27, 2016 • 73 Comments The banking crisis jumps to the next level.
ECB Blows €400bn on “Brexit Black Friday” Bank Bailouts by Wolf Richter • Jun 26, 2016 • 42 Comments Dealing with a Financial Crisis under the cover of Brexit Chaos.
Not a Plunge but a Long, Slow Grind Lower by Wolf Richter • Jun 24, 2016 • 75 Comments Without any real end in sight. That’s what’s different this time.