This is What Happened to Sales & Prices of Manhattan Office Buildings as Chinese Buyers are Suddenly “Absent” by Wolf Richter • Jan 16, 2018 • 92 Comments The formerly hottest trophy market gets a dose of reality.
Collapse of Construction Giant with 43,000 Employees Globally Sparks Fear and Mayhem by Don Quijones • Jan 15, 2018 • 60 Comments “The company that runs Britain”: profits were privatized, costs will be socialized.
Commercial Real Estate Suffers First Down-Year since 2009 by Wolf Richter • Jan 15, 2018 • 59 Comments A blistering boom, backed by $4.3 trillion in bank loans, ends.
“Blockchain Bonds?” Struggling German Telco Joins Bandwagon by Don Quijones • Jan 14, 2018 • 22 Comments But to no avail for its crushed shares.
Bond Market Smells Inflation, Begins to React by Wolf Richter • Jan 14, 2018 • 64 Comments Inflation expectations now exceed the Fed’s target.
When Profits at Utilities are Privatized and Losses Socialized, Do We Still Need Public Shareholders? by Leonard Hyman and Willian Tilles • Jan 13, 2018 • 62 Comments So who is taking the risks, and who is getting paid to take them?
Kodak Directors Get Massive Stock Grants Day Before “Blockchain” Hype Caused Shares to Spike 300% by Wolf Richter • Jan 12, 2018 • 72 Comments Regulators remain soundly asleep.
EU “Empire” Plans to Grow Even Bigger Despite Brexit & Difficulties Keeping Eastern Members in Check by Don Quijones • Jan 12, 2018 • 35 Comments The “Non-Imperial Empire”
Markets Still Blow Off the Fed, Dudley Gets Nervous, Fires Warning Shot by Wolf Richter • Jan 12, 2018 • 85 Comments In search of the elusive soft landing.
Walmart Suddenly Shutters Numerous Sam’s Clubs without Notice, 11,000 Jobs Impacted, Chaos Breaks out on Twitter by Wolf Richter • Jan 11, 2018 • 91 Comments “This is how fly-by-night companies operate”