Fed Vice Chair Fischer Admits Fed is Waiting for Godot by Wolf Richter • Oct 7, 2016 • 49 Comments The Fed’s fourth mandate.
UBS: Liar Loans Surge in Australia’s Housing Bubble, Pose Risk to Big Four Banks, “Financial Stability” by Wolf Richter • Oct 7, 2016 • 53 Comments “Misrepresentation is systemic.”
The Great Debt Unwind: Business Bankruptcies Soar 38% by Wolf Richter • Oct 6, 2016 • 53 Comments Six years of Fed and Wall Street hype come home to roost.
Heavy Truck Orders Plunge, Worst September since 2009 by Wolf Richter • Oct 5, 2016 • 43 Comments Transportation Recession exacts its pound of flesh.
Owners at “Leaning Tower of San Francisco” Knock Condo Values to Zero by Wolf Richter • Oct 4, 2016 • 68 Comments “Values could climb in subsequent years if the building is repairable.”
Subprime Auto-Loan Backed Securities Turn Toxic by Wolf Richter • Oct 3, 2016 • 47 Comments What will sink the US auto boom?
Restaurant Industry, Leading Indicator of US Economy Sours, Bankruptcies Pile up by Wolf Richter • Oct 2, 2016 • 96 Comments “Very challenging” sales trends.
This is Why US Gov. Deficit Numbers are a BIG Lie by Wolf Richter • Oct 1, 2016 • 198 Comments But where the heck did the money go? Fume and gnash your teeth.
Rents Sink in San Francisco, New York. “Mixed” Nationally by Wolf Richter • Sep 30, 2016 • 90 Comments The supply of rental units on the market is ballooning.
I’m in Awe of How Fast Deutsche Bank is Falling Apart by Wolf Richter • Sep 29, 2016 • 99 Comments Counterparties are losing confidence, withdraw cash.
