Anatomy of a Housing-Bubble Inflection Point in the Bay Area’s Sonoma County by Wolf Richter • Sep 11, 2018 • 70 Comments In 9 charts. Red indicates the moves since the inflection point in June.
Diamonds May be Forever, High Prices Are Not by Safehaven • Sep 11, 2018 • 49 Comments With natural diamonds not so hot, De Beers is venturing into man-made diamonds with a price war. Should be fun.
Turkey, Argentina, Other Emerging Markets Hit BBVA by Don Quijones • Sep 11, 2018 • 24 Comments After the euro debt crisis, Spain’s alpha-lender sought greener pastures in the Emerging Markets. That bet is coming home to roost.
Markets Increasingly Sure: 4 Rate Hikes in 2018 by Wolf Richter • Sep 10, 2018 • 40 Comments A distant possibility in early 2018 is making its way to reality.
What’s Going On in the Used Car & Truck Market? by Wolf Richter • Sep 10, 2018 • 12 Comments Prices spike to record. Consumers, struggling with affordability, switch from new to used.
Implosion of China’s P2P Lending Boom Hits Consumer Spending by Wolf Richter • Sep 9, 2018 • 58 Comments First sign: auto sales suddenly plunged.
Crypto-Mania Collapse Update: $638 Billion Gone by Wolf Richter • Sep 9, 2018 • 145 Comments Of the seven biggest, six have plunged by 78% to 92%. And there are now nearly 2,000 of them.
What to Do with $13-Bn Airport Project Steeped in Corruption & Cost Overruns? Reality Check for Mexico’s President-Elect by Don Quijones • Sep 8, 2018 • 35 Comments A classic lose-lose scenario for taxpayers that’s making the world’s richest even richer.
What the US Heavy-Truck Market is Saying by Wolf Richter • Sep 7, 2018 • 33 Comments It’s cyclical: When will the biggest-ever boom end?
Credit-Cardholders & Bank Customers Burned Again as New IT Chaos Breaks Out in the UK by Don Quijones • Sep 7, 2018 • 37 Comments The payments industry deplores it, but cash is starting to look pretty good, and central banks agree: “We do not foresee a totally cashless society”: ECB