Aussie Comedians Clarke & Dawe: Government Is Your Fault by Wolf Richter • Apr 27, 2015 • 2 Comments Hilarious video – 2:30 minutes to make your day.
Americans Suddenly Sour on Buying a Home, Worst Drop since 2008, Optimism Plunges in the West by Wolf Richter • Apr 27, 2015 • 37 Comments Potential buyers face the wall of soaring prices.
Canada’s Magnificent Housing Bubble Goes Nuts, Cracks by Wolf Richter • Apr 24, 2015 • 20 Comments Even “Second-Time Buyers” can’t afford to buy without help from mom & dad.
This Is What’s Happening in Junk Bonds, and It’s Not Pretty by Wolf Richter • Apr 23, 2015 • 3 Comments Junk bonds in “extreme overvaluation,” covenant quality drops to record low, old money getting whacked as new money pours in.
The Greek People Just Destroyed Syriza’s Strategy by Wolf Richter • Apr 22, 2015 • 31 Comments They love their euros.
Central Bank Governor Veers Off Script, Sees “Illusion of Liquidity” & “Asset Bubbles,” Dreads Crash by Wolf Richter • Apr 22, 2015 • 9 Comments And he offers an insanely good chart of the Hot Money.
F35, The Jet That Ate the Pentagon by Wolf Richter • Apr 21, 2015 • 10 Comments $1.5 trillion, but… “We don’t know where all the money is going” (brief bone-chilling video with cool footage of the thing flying, landing vertically, etc.).
Shanghai Containerized Freight Index Collapses: China-US Rates Hit Hard, China-Europe Rates Plunge to All-Time Low by Wolf Richter • Apr 20, 2015 • 6 Comments “Rates in many Asia export trades are in a tailspin.” And here’s why.
The Chilling Thing Blackstone Said about the Oil Bust by Wolf Richter • Apr 19, 2015 • 2 Comments Energy companies “biding their time in the hopes they don’t have to face the music.”
How Wall Street Is Exporting Toxic Junk Loan Waste To Japan by Wolf Richter • Apr 17, 2015 • 13 Comments US junk goes in. Plump, yen-denominated, highly rated bonds come out.
