Many people report similar nightmares trying and failing to get their packages out of Spanish customs.
Shares plunged 20% on the spot, and are down 44% in nine months.
Brick & Mortar melts down on mall owners. So “repurpose” malls into housing?
But even red-hot online sales cooled off late in the year as consumers turned sour.
Not even the “bankruptcy” word hanging over super-troubled Italian infrastructure giants Atlantia and Autostrade, whose bridge collapsed last year, can get their bonds to reflect any kind of serious risk.
Something funny’s happening in NIRP land: long-term yields are rising, negative yields are turning positive, and investors are getting punished for having handed their brains to central banks.
And the year has just started.
Amid a slew of problems.
Latest data is out. Folks who hoped the Renminbi would break the dollar hegemony have to be very patient.
No one has paid as heavy a price as the generation that came of age just before and after the collapse of the housing bubble and ensuing banking crisis.