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.
ECB Ends Corporate Bond Buying, and Look What Happens by Don Quijones • Dec 27, 2018 • 17 Comments Companies feel the pain as euro junk-bond yields more than doubled.
Amid Brexit Mess, UK Car Production Reels from Worst November since Financial Crisis by Don Quijones • Dec 25, 2018 • 58 Comments No one knows what’s going to happen.
The Global Battle over Subsidies for Money-Losing Airlines by MC01 • Dec 23, 2018 • 24 Comments The US and EU slug it out with the United Arab Emirates and Qatar.
Deutsche Bank Death Spiral Hits Historic Low. European Banks Follow by Wolf Richter • Dec 20, 2018 • 81 Comments Bottom fishers were taken out the back and shot.
Multifamily Rentals Were Best Asset Class in 2018 in Spain, But Now Rents Are Heading South by Don Quijones • Dec 20, 2018 • 14 Comments Soaring rents outran tenant wages, which can’t last.
Retail Melts Down Before Christmas in the UK, Spreads to Continent by Don Quijones • Dec 18, 2018 • 42 Comments After “the worst-on-record unbelievably bad” November, even e-commerce gets hit, not just brick & mortar, on fears Christmas sales could be terrible.