The Fed’s QE Unwind Reaches $285 Billion by Wolf Richter • Oct 4, 2018 • 75 Comments The “up to” begins to matter for the first time.
Signs that the Trucking Boom Has Peaked by Wolf Richter • Oct 4, 2018 • 23 Comments This is why the trucking business is so cyclical – and you can see it coming.
Powell Explains Just How Hawkish the Fed is Getting by Wolf Richter • Oct 3, 2018 • 73 Comments “But we’re a long way from neutral at this point.”
“High End” Apartment Construction Totally Dominates, Creates Mismatch of Supply & Demand by Wolf Richter • Oct 3, 2018 • 73 Comments Because that’s where the money is, on paper. But it’s not where the market is.
September Carmageddon for Ford and GM by Wolf Richter • Oct 2, 2018 • 80 Comments Ford drops to 4th place. Industry sales red for 2018. But FCA sales jump.
The Return of “Beyond Petroleum”: All Talk and No Strategy? by Leonard Hyman and Willian Tilles • Oct 2, 2018 • 99 Comments “Oil and gas companies are becoming energy companies,” said BP’s Bob Dudley. BP even changed the logo.
US Gross National Debt Jumps by $1.27 Trillion in Fiscal 2018, Hits $21.5 Trillion by Wolf Richter • Oct 1, 2018 • 130 Comments But wait — these are the Boom Times!
Update on Popping Housing Bubbles in Sydney & Melbourne by Wolf Richter • Oct 1, 2018 • 51 Comments Every housing bubble requires the connivance of the banks and regulators. Australia is no exception.
US Dollar Refuses to Die as Global Reserve Currency — But Loses Ground by Wolf Richter • Sep 30, 2018 • 63 Comments Chinese RMB gains, but is inconsequential as central banks remain leery. Euro hangs on.
Why Rising Mortgage Rates Threaten Canada’s Banks by Wolf Richter • Sep 30, 2018 • 39 Comments Variable-rate and adjustable-rate mortgages dominate in Canada.