As Investors Flee Australia’s Housing Bust, Sales of New Houses Plunge to Record Low by Wolf Richter • Jan 21, 2019 • 46 Comments But first-time buyers cling to hope.
Huge Backlog Could Trigger New Wave Of Shale Oil by Nick Cunningham • Jan 21, 2019 • 22 Comments Just what the crude oil market needs.
Canada’s Majestic Housing Bubble Deflates, Media Hype U-Turns by Steve Saretsky • Jan 21, 2019 • 22 Comments Average home price fell for first time since 2008, largest decline in the data going back to 2001.
THE WOLF STREET REPORT by Wolf Richter • Jan 20, 2019 • 46 Comments And This Isn’t Even a Global Recession Yet.
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.
Bottom Suddenly Falls Out of Demand in China in Many Sectors by Wolf Richter • Jan 19, 2019 • 93 Comments “What we witnessed in November and December was just extraordinary.”
Stock-Market Margin Debt Plummets Most Since Q4 2008 by Wolf Richter • Jan 18, 2019 • 69 Comments Wow, that was fast. Margin calls.
Another Retail Chain Bought & Stripped Bare by Sun Capital Goes Bankrupt by Wolf Richter • Jan 17, 2019 • 97 Comments Number five in two years. Here’s the list.
Boom Fizzles: Shipments Fall for 1st Time Since Transportation Recession by Wolf Richter • Jan 16, 2019 • 16 Comments But freight rates remain red hot.
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.