US Gross National Debt Spikes by $640 billion in 8 Weeks by Wolf Richter • Nov 4, 2017 • 97 Comments But the debt-ceiling charade is back.
Malls and their Hapless Investors Keep Getting Crushed by Wolf Richter • Nov 3, 2017 • 63 Comments (Creative) Destruction in the brick-and-mortar meltdown.
Spain Just Lit a Fuse Under Catalonia — its Richest Region by Don Quijones • Nov 3, 2017 • 51 Comments Acute uncertainty is like sand in the gears of the local economy.
The Fed Actually Begins its QE Unwind by Wolf Richter • Nov 2, 2017 • 93 Comments But what’s happening with mortgage-backed securities?
How US Debt Slaves Get Trapped by “Deferred Interest” by Wolf Richter • Nov 2, 2017 • 78 Comments But over the next 2 months, they’ll try to prop up US retailers and the entire global economy with these credit cards.
Pickup Sales Boom, Cars get crushed, Tesla Deliveries Plunge by Wolf Richter • Nov 1, 2017 • 103 Comments Carmageddon for Tesla, Fiat Chrysler, Hyundai, and Kia.
It Gets Serious: Biggest US Cities Where Rents Are Plunging by Wolf Richter • Nov 1, 2017 • 42 Comments Even Seattle rents are under pressure from new construction. But rents are surging in mid-tier markets.
The US Cities with the Biggest Housing Bubbles by Wolf Richter • Oct 31, 2017 • 96 Comments Extraordinary home price inflation in all its beauty.
Sears Holdings Exhausts its Last Credit Facility by Wolf Richter • Oct 31, 2017 • 49 Comments It risks running out of money just before the holiday selling season.
The Bitter Irony about Today’s “Real Disposable Income” by Wolf Richter • Oct 30, 2017 • 111 Comments This confirms what many Americans feel in their wallets.