Mergers Collapse, Bubble Deflates, Debris Hits Hedge Funds
by Wolf Richter • • 70 Comments
China Inc. Tries to Buy the World, with Impeccable Timing
by Wolf Richter • • 64 Comments
Another Asset Bubble Cracks: Art Sales Plunge
by Wolf Richter • • 81 Comments
Chinese Government Warns World of “L-Shaped Path”: a Dive & No Recovery
by Wolf Richter • • 23 Comments
Official “Labor Market Conditions” Give off First Warning Signs
by Wolf Richter • • 10 Comments
How Wall-Street Hocus-Pocus Inflates S&P 500 Revenues
by Wolf Richter • • 36 Comments
Manhattan Luxury Condo Sales & Prices Fall
by Wolf Richter • • 25 Comments
In Lower Manhattan, 31 towers with over 5,000 apartments are sprouting up. They’re not exactly in the “affordable” category. The median price for condos – half sell for more, half sell for less – has soared 77% since 2013, to $2.43 million, while the median price in the overall Manhattan condo market has shot up…