California Housing Market Cracks in Two, Top End Goes Crazy by Wolf Richter • Nov 26, 2014 • 6 Comments The Fed’s wealth effect kicks in: “Mind-blowing” how the luxury market has been “completely on fire.” The rest, well….
Comedians Clarke & Dawe Spoof G-20 Mantra of ‘Growth’ by Wolf Richter • Nov 24, 2014 • Comments Off on Comedians Clarke & Dawe Spoof G-20 Mantra of ‘Growth’ Hilarious take-down of the G-20.
Global Business Outlook: “Darkest Picture since Financial Crisis.” US Deterioration “of Greatest Concern” by Wolf Richter • Nov 24, 2014 • 5 Comments Despite incessant hype, businesses depict a troubled global economy.
This Is a Sign the Startup Bubble Is Totally Maxed Out: It Resorts to (um, Sexy) Junk Mail to Disrupt by Wolf Richter • Nov 21, 2014 • 7 Comments Big money is gushing in all directions.
Soaring Dollar, Plunging Oil, Crummy Global Growth by Wolf Richter • Nov 20, 2014 • Comments Off on Soaring Dollar, Plunging Oil, Crummy Global Growth In one chart.
The Wrath of Draghi: Biggest German Banks Impose “Negative Interest Rates” by Wolf Richter • Nov 20, 2014 • 13 Comments “Punishment Interest” Germans call it with Teutonic precision. Bank: “Just stop saving.”
It’s Official: Party Now, Apocalypse Later by Wolf Richter • Nov 19, 2014 • 13 Comments That’s the new thinking about the markets in a crummy global economy where everything is overvalued.
China’s Central Bank Makes Even the Heroic Fed Look Like a Bunch of Amateurs by Wolf Richter • Nov 18, 2014 • 6 Comments The incredibly ballooning balance sheet that no one can match (in one chart).
Fracking Wastewater Injected into Clean Aquifers in Parched California by Wolf Richter • Nov 18, 2014 • Comments Off on Fracking Wastewater Injected into Clean Aquifers in Parched California “Errors were made….” NBC Bay Area report and video.
Media “Shocked” by Japan’s GDP Fiasco? by Wolf Richter • Nov 18, 2014 • 7 Comments Turns out, destroying the purchasing power and wealth of the people also drags down the real economy.
