The Most Splendid Housing Bubbles in America by Wolf Richter • Aug 28, 2018 • 62 Comments New York condo prices fell again. Historic spikes slow in Seattle and other metros.
Why Are So Few Customers Leaving TSB Bank Despite 21 Weeks of Mayhem? by Don Quijones • Aug 28, 2018 • 34 Comments The botched IT migration is still dogging customers of the UK lender.
7 Things that Did Not Happen to Tesla after the Friday-Night Deal-Massacre by Wolf Richter • Aug 27, 2018 • 71 Comments You’ve got to hand it to Musk.
Nafta is Dead. Long Live Nafta by Wolf Richter • Aug 27, 2018 • 70 Comments The biggest problem with Nafta remains unaddressed: Wage repression in Mexico, including via “protection contracts” as condition for building a plant.
US Yield-Curve Looks Hell-Bent on Inverting, “Flattest” Since Aug 2007 by Wolf Richter • Aug 26, 2018 • 62 Comments How does it compare to German, Japanese, and Chinese yield curves?
Fed Economists Deliver Ammo for Hawkish Approach to Inflation by Wolf Richter • Aug 26, 2018 • 49 Comments Because “outsized deviations of inflation from its target are a plausible outcome.”
No Tesla Deal! Musk Backpedals Furiously Friday Night by Wolf Richter • Aug 24, 2018 • 60 Comments “Funding secured” was a lie, conceived to manipulate up the share price.
My Inner Contrarian Wakes Up: Gold Short Positions Hit Record by Wolf Richter • Aug 24, 2018 • 114 Comments Speculators in gold price futures are short 670 tonnes – the biggest bearish position in 25 years.
How Losing-Money-in-Real-Estate Becomes Cool by John McNellis • Aug 24, 2018 • 23 Comments Compass, a real-estate-brokerage unicorn with $800 million in venture funding and a $2.2 billion “valuation,” disrupts – itself?
Here Comes the 2nd Wave of Big Money in the “Buy-to-Rent” Scheme by Wolf Richter • Aug 23, 2018 • 127 Comments A different set of private-equity firms, at the peak of the market, as brokers constantly blame low inventories of single-family houses for sky-high prices.