What an Investment Fund, Forced to Take a Big Loss, Said about the Housing Bust in Prime Central London by Wolf Richter • Jan 23, 2019 • 46 Comments “Probably now enduring its most protracted period of price suppression since records began.”
Brexit’s Ironic Twists Hit Spain’s Biggest Industry by Don Quijones • Jan 20, 2019 • 60 Comments “Peak Tourism” has already set in. Brits account for 22% of tourists in Spain. Now add Brexit.
4 Months of Carmageddon in the EU Wipe Out Gains for 2018 by Wolf Richter • Jan 16, 2019 • 19 Comments Ford is big loser, Hyundai-Kia big winner, and Opel is someone else’s problem.
Automakers Prepare for “No-Deal” Brexit by Don Quijones • Jan 12, 2019 • 57 Comments They’re already under pressure from the deteriorating market.
Italy’s New Government Eats Its Words, Joins Bank Bailout Club by Don Quijones • Jan 10, 2019 • 30 Comments Well, that didn’t take long. Whatever happened to Eurozone’s new bail-in rule?
Brexit Moment in 80 Days, No One Knows What’ll Happen, London’s Finance Industry on Tenterhooks by Don Quijones • Jan 8, 2019 • 90 Comments The stakes are enormous.
Germany Heads for a Technical Recession by Wolf Richter • Jan 8, 2019 • 67 Comments This is embarrassing in the land of super-stimulus via the ECB’s negative-interest-rate policy and years of QE.
Carmageddon in the UK: Auto Sales Plunge 12% in 2 Years, Diesels in Death Spiral. Consumers, Businesses, Fleets Cut Back by Wolf Richter • Jan 7, 2019 • 45 Comments This is getting serious.
Long-Term “Buy & Hold” Crushed Stockholders in Largest Markets Except US & India. But for the US, Luck’s Running Out by Wolf Richter • Jan 1, 2019 • 99 Comments Ugly long-term charts that Wall Street doesn’t want us to see. And now US stocks are infected too.
UK Housing Bubble Swoons as Brexit-Day Nears. London Hit Hardest by Don Quijones • Dec 29, 2018 • 34 Comments Rampant unaffordability and a slew of other reasons.