Stocks of Chinese companies listed in the US have turned into a fiasco.
The entire spectrum, From Battery Park City in Manhattan to Wichita.
The house cleaners come in, halt all new leases, dump side businesses, sell corporate jet, lay off thousands, purge “Adam’s posse” – in just two days.
On the surface, Miami’s condo market is in trouble. But beneath the surface, “the whole system is jammed up.”
Something is seriously wrong with this system.
Price gains down to trickle in Chicago. Red-hot Dallas slows. Charlotte & Minneapolis surge. Crushed Detroit and Cleveland hit new highs.
Seattle house prices fall year-over-year. New York condos flat 24 months. San Francisco Bay Area flat 12 months despite startup millionaires. Los Angeles barely up from year ago. Boston ticks up…
Dark Side Comes to the Fore: Juul is the Second Highest Valued US Unicorn, Behind WeWork Which Crashed & Burned. Now it’s Juul’s Turn.
“Expert sentiment is at its lowest point since October 2010, largely due to market observers’ reactions to the Monterey auctions.”
The hullabaloo in the repo market torpedoed the function of Interest on Excess Reserves and forced the Fed to go back to the future.