I Didn’t Think it Would Go This Fast: Mortgage Rates Blamed for 3-Year Low in Pending Home Sales by Wolf Richter • Feb 28, 2018 • 68 Comments But it just started. Could it be the new tax law and sky-high home prices?
Powell Joins Four-Rate-Hikes-in-2018 Chorus, Markets Tank by Wolf Richter • Feb 27, 2018 • 83 Comments Markets are still in denial about the increasingly hawkish Fed.
Update on the Splendid Housing Bubbles in US Cities by Wolf Richter • Feb 27, 2018 • 66 Comments A story of spikes and new flat spots.
A New Cunning Plan to Allay Banking Jitters is Hatched in Spain by Don Quijones • Feb 27, 2018 • 22 Comments But there’s a problem with the plan.
Stock Market Leverage Spikes. Sparks Already Flew. Brokerage Regulator “Concerned.” But Hey, Nothing’s Going to Happen. by Wolf Richter • Feb 26, 2018 • 67 Comments Resting Happily on Smoldering Powder Keg.
In Search of 3%: The 10-Year Treasury Buffeted by Short Positions and Demand by Wolf Richter • Feb 26, 2018 • 26 Comments Hedge funds pare back bearish bets “by most since November.”
After its $10-Billion Loss in Q4, GE “Restates” Earnings for 2017 and 2016 by Wolf Richter • Feb 26, 2018 • 54 Comments A classic Friday night bad-news SEC-filing dump.
“It’s Not only Carillion that’s Built on Sand, it’s our Whole System of Corporate Accountability” by Don Quijones • Feb 25, 2018 • 51 Comments The construction & services giant collapsed even as KPMG signed off on its financial statements; now they deny any responsibility.
Why Buffett Pulled Back: Companies Overvalued after “Purchasing Frenzy” Fueled by “Cheap Debt” by Wolf Richter • Feb 25, 2018 • 61 Comments And why his “recent drought of acquisitions” is likely to continue.
US Gross National Debt Spikes $1 Trillion in Less Than 6 Months by Wolf Richter • Feb 24, 2018 • 97 Comments And these are the good times.