Update on the Spreading Housing Bust in Australia, and Why it’s Happening by Wolf Richter • Apr 2, 2019 • 48 Comments This bubble was not pricked by the central bank — on the contrary.
US Still Cleanest Dirty Shirt Among Manufacturing Giants, Germany Drops to Debt Crisis Levels, Japan Contracts, China Counts on Government Bailout of Private Sector by Wolf Richter • Apr 1, 2019 • 45 Comments But the US shirt is getting dirtier. Germany’s manufacturing data “makes for uncomfortable reading.”
US Dollar Status as Global Reserve Currency Edges Down Further by Wolf Richter • Apr 1, 2019 • 83 Comments Is the euro dead yet? And how is the Chinese Renminbi doing?
THE WOLF STREET REPORT by Wolf Richter • Mar 31, 2019 • 75 Comments How Rising Home Prices & Rents Hammer the Real Economy.
What the Heck’s Going on in China’s Video-Game Market, the Largest in the World? by Adam Williams • Mar 30, 2019 • 94 Comments The Dragon in the Game Room has a situation.
Lyft Shares Plunge 10% in 4 Hours from “Pop” to Close by Wolf Richter • Mar 29, 2019 • 109 Comments IPO investors tried to unload while they could.
Consumers Revert to “Normal” Range, after Red-Hot mid-2018 by Wolf Richter • Mar 29, 2019 • 59 Comments Personal income sets record. Bond market bet on inflation may get challenged.
Apartment Rental Market: Houston Rents Plunge Most; Southern California Lose Grip. New York, Washington DC, Chicago Down. “Mid-Tier” Cities Red-Hot by Wolf Richter • Mar 28, 2019 • 58 Comments Where Apartment Rents Fell & Where They Surged: March Update
And the Less-Splendid Housing Bubbles & Crushed Markets in America? by Wolf Richter • Mar 28, 2019 • 77 Comments House prices in Miami eke out post-collapse record, but fizzle in Las Vegas, Phoenix, Washington, DC; fall in Chicago. Cincinnati & Detroit tick down further.
Deutsche Bank Seeking a “Guarantee of Existence” with Monster-Merger? by Don Quijones • Mar 27, 2019 • 26 Comments Opposition Is Growing to Merger Between Deutsche Bank and Commerzbank.