Russian Hot Money Dodges Sanctions, Gushes into Hong Kong, Hits Resistance by Wolf Richter • Sep 15, 2014 • 1 Comment Targeted by an ever tightening sanction spiral, Russian companies and individuals decided not to be sitting ducks.
California Home Sales Dive, Prices Hit Wall, Millennials Blamed by Wolf Richter • Sep 13, 2014 • 17 Comments The American Dream? Not for millennials.
How the Government Deceives us on Inflation, as Rents and Housing Costs Soar by Wolf Richter • Sep 12, 2014 • 9 Comments Rents and housing costs make up 30% of the Consumer Price Index. They’re its largest component. They’re soaring in real life. But not in the CPI.
What’s Draining American Wallets? (In One Interactive Chart) by Wolf Richter • Sep 11, 2014 • 1 Comment 15 years of American spending
Algos Saved the Day, but What if They Turn Bearish? by Wolf Richter • Sep 11, 2014 • 5 Comments The spike came with no trader buzz. The buying was all electronic and instantaneous. But what will algos do when momentum flips?
Luxury Homes Are Hot, Rest of Housing Market Gets Hosed by Wolf Richter • Sep 11, 2014 • 4 Comments Sweet Spot: Homes above $15 million.
‘Smart Money’ Unloads, Sits on Cash, Waits for Stocks to Swoon by Wolf Richter • Sep 10, 2014 • 3 Comments LBO volume plunges to the lowest level since crisis year 2009.
To Avert Sudden Market Collapse, the Fed Tries to Spook Utterly Unspookable Markets by Wolf Richter • Sep 9, 2014 • 22 Comments San Francisco Fed: Investors are pricing in “a later liftoff date” for the federal funds rate and a slower pace of tightening than FOMC participants themselves.
The Wrath of Abenomics Crushes Japanese Consumers, Eviscerates Economy by Wolf Richter • Sep 8, 2014 • 5 Comments Abenomics soothsayers and apologists are worried: the August debacle is hard to explain away, even for them.
But Who the Heck Is Going to Buy all these ‘Overpriced’ Homes? by Wolf Richter • Sep 6, 2014 • 34 Comments Something has to give. And it’s not going to be the maxed-out American middle class.
