Canada Home Prices Fall from Year Ago for First Time since 2009 by Steve Saretsky • Apr 18, 2018 • 26 Comments The magnificent house price bubble wheezes.
Junk Bond Market Still in Total Denial, Fighting the Fed by Wolf Richter • Apr 18, 2018 • 50 Comments Happily dreaming in La-la-land till the rude awakening.
Nearly One-Third of U.S. Lottery Winners Declare Bankruptcy by Safehaven • Apr 17, 2018 • 86 Comments “I wish I’d torn that ticket up.”
US-China Trade-War Threats Rattle Germany AG by Wolf Richter • Apr 17, 2018 • 15 Comments Unlike the New York Fed yesterday, ZEW named names and pointed fingers.
US Freight Expenditures Surge 15.6% from Year Ago by Wolf Richter • Apr 16, 2018 • 33 Comments Trucking, rail freight volume and rates surge, “pricing power has erupted.”
Optimism of Manufacturers “Plunged” the Most Ever: NY Fed by Wolf Richter • Apr 16, 2018 • 51 Comments Corporate America fears that a Trade War would hit supply chains in China.
Why Aren’t Big Banks Paying Higher Interest Rates on Deposits though Rates Have Surged? by Wolf Richter • Apr 15, 2018 • 54 Comments Well, they do pay higher rates, but not to their own clients.
Is the “Petro-Yuan” a Credible Challenge to Dollar Supremacy? by Wolf Richter • Apr 15, 2018 • 44 Comments Wolf Richter with Jim Goddard on “This Week in Money.”
Our Dental Insurance Sent us “Free” Internet-Connected Toothbrushes. And this is What Happened Next by Wolf Richter • Apr 14, 2018 • 146 Comments When the product is “free,” WE are the product.
More Carmageddon at GM, Cuts Shift in Ohio, 1,500 Layoffs, as Cruze Sales Plunge. Production in Mexico Started in 2015 by Wolf Richter • Apr 13, 2018 • 62 Comments It already cut the third shift in 2017. Now it cut the second shift. Carmageddon but not Truckmageddon.