How Negative Interest Rates Screw Up the Economy by Wolf Richter • Aug 21, 2019 • 191 Comments Now they’re clamoring for this NIRP absurdity in the US. How will this end?
Canada’s Most Splendid Housing Bubbles, July Update by Wolf Richter • Aug 20, 2019 • 66 Comments Vancouver sags. Calgary, Edmonton down from many years ago. Toronto rises but below 2017 peak. Montreal, Ottawa hit new highs.
How the Ecommerce Boom Crushes “Mall Retailers” One by One by Wolf Richter • Aug 19, 2019 • 129 Comments The segments at the core of the Brick-and-Mortar Meltdown.
HSBC Runs into Buzzsaw in Hong Kong & China, its Home Market Generating 75% of its Profits by Nick Corbishley • Aug 19, 2019 • 24 Comments HSBC’s pleas of innocence have won little sympathy in Beijing.
THE WOLF STREET REPORT: How Negative Interest Rates Screw Up the Economy by Wolf Richter • Aug 18, 2019 • 149 Comments Now they’re clamoring for the NIRP absurdity in the US. How will this end?
US National Debt Spiked $363 billion in Two Weeks, $1 Trillion in 12 months. But Who Bought This Pile of Treasury Securities? by Wolf Richter • Aug 17, 2019 • 94 Comments Nope, the Fed dumped. But there was huge demand elsewhere.
Freight Shipments Suffer Steepest Drops since Financial Crisis, Overcapacity Balloons by Wolf Richter • Aug 16, 2019 • 77 Comments For Trucking and Railroads, it’s Hangover Time.
It Starts: First Truck Maker Cuts Production by Wolf Richter • Aug 16, 2019 • 12 Comments Navistar confirms next phase in Transportation Recession.
Housing Bubble 2 in San Francisco Bay Area & Silicon Valley Pops Despite Startup Millionaires & Low Mortgage Rates by Wolf Richter • Aug 15, 2019 • 123 Comments House prices dropped again – and ironically the most in San Francisco and Silicon Valley.
Argentina Crisis Slaps Foreign Banks & Companies Operating in the Country by Nick Corbishley • Aug 15, 2019 • 23 Comments Peso collapse and inflation force Spanish companies and banks — second largest investors in Argentina, behind US companies — to tally their losses.
