Italians Vote “No,” Renzi to Resign, Banking Crisis Now Looking for Taxpayers by Wolf Richter • Dec 4, 2016 • 73 Comments Teetering Eurozone banks exposed to flying shrapnel.
Why No One Will Even Try to Tame the US Healthcare Monster by Wolf Richter • Dec 4, 2016 • 155 Comments Though it cannibalizes the rest of the economy.
Vancouver Housing Market Freezes Up, Sales Crash, Prices Sag, For-Sale Signs Proliferate by Wolf Richter • Dec 2, 2016 • 90 Comments “Entire Swaths of our neighborhood are covered with For-Sale signs”: photos by our boots-on-the-ground Angela Johnson.
Government Bond & Mortgage “Meltdown” Crushes NIRP by Wolf Richter • Dec 2, 2016 • 105 Comments And the spike in mortgage rates will come in handy.
The Great Unwind Unravels Hottest Rental Markets in the US by Wolf Richter • Dec 1, 2016 • 46 Comments Now in San Francisco, New York, Boston, Chicago, Washington DC, and perhaps a city near you.
Subprime Auto-Loan Delinquencies Surge to NY Fed’s Attention by Wolf Richter • Nov 30, 2016 • 115 Comments Six million Americans are 90-plus days delinquent.
OK, I get it: Companies Clamor for Cheap Labor, Fed Delivers by Wolf Richter • Nov 29, 2016 • 89 Comments In turn, households get a feel-good illusion.
Sudden, Infectious Enthusiasm for “Current Economic Conditions” after Trump Called them “Terrible” for Months? by Wolf Richter • Nov 29, 2016 • 102 Comments The “Trump Effect?”
What Happens “If the Boom Ends with a Bang?” by Wolf Richter • Nov 28, 2016 • 63 Comments OECD frets about Canada’s House Price Bubble and its consequences.
Black-Friday-Weekend Woes End “Trump Effect” by Wolf Richter • Nov 27, 2016 • 99 Comments Back to the Retail Quagmire. Gloom for brick-and-mortar stores.