Foreign Buyers Made Me Do It: Canada Reflects Back on its Housing Bubble by Stephen Punwasi • Jun 27, 2018 • 45 Comments A massive survey of recent homebuyers reveals all.
Beyond the Hysteria about Auto Tariffmageddon by Wolf Richter • Jun 27, 2018 • 84 Comments After decades of relentless offshoring, the equation may change for automakers and component makers.
It Gets Spiky: The Most Splendid Housing Bubbles in America by Wolf Richter • Jun 26, 2018 • 134 Comments Historic spikes in Seattle and other metros. But New York condos skid.
As Turkish Lira Collapses, Foreign Banks in Turkey Rue the Day by Don Quijones • Jun 26, 2018 • 29 Comments The biggest loser: BBVA, Spain’s second biggest bank.
In 3 Days, the Last Toys ‘R’ Us Stores Die. And PE Firms Behind it? by Wolf Richter • Jun 25, 2018 • 52 Comments They Come Under “Intense Scrutiny” by the Pension Funds that Feed Them. But this too shall pass.
An Unexpected Carbon Tax Proposal by Llewellyn King • Jun 25, 2018 • 56 Comments What’s surprising is who’s pushing it: dyed-in-the-wool, rock-ribbed Republicans.
I’m in Awe of How Carmageddon Continues in Houston at Financial-Crisis Levels by Wolf Richter • Jun 25, 2018 • 28 Comments Where the heck is the hyped “replacement demand” from Hurricane Harvey?
Risks Pile Up Quietly in the US Corporate Bond Market by Wolf Richter • Jun 24, 2018 • 50 Comments The fear of becoming a “fallen angel.”
Bitcoin Drops to $5,860, Lowest since October 2017. True Believers with Fake Hopes Got Cleaned Out by Early Movers by Wolf Richter • Jun 24, 2018 • 127 Comments Down 70% from the peak. This is just not fun anymore.
Despite Trump’s Tariff Threat, Automakers Double Down on Mexican Production by Don Quijones • Jun 23, 2018 • 47 Comments Addicted to cheap labor, Corporate America is not playing along.