People Not Amused by EU Efforts to “De-Cash” their Lives by Don Quijones • Jul 14, 2017 • 64 Comments But the IMF has suggestions on how to win the War on Cash.
Reasons Emerge for Worst Chain-Restaurant Slump since 2009 by Wolf Richter • Jul 14, 2017 • 82 Comments Six quarters in a row of year-over-year declines.
Jobs and Inflation: Gradually and Then Suddenly by Contributor • Jul 13, 2017 • 51 Comments The Fed and the ECB believe they can tighten and taper without killing the market so long as they jawbone this constantly.
Financial-Crisis-Style Carmageddon Descends on Houston by Wolf Richter • Jul 13, 2017 • 37 Comments Houston is recovering from the oil bust. Didn’t consumers get the memo?
VISA takes its War on Cash to US Retailers by Wolf Richter • Jul 12, 2017 • 158 Comments Forget “legal tender.”
Fueled by Global Investors, Home Prices Go Nuts in Barcelona by Don Quijones • Jul 12, 2017 • 36 Comments “You could sell ten flats in a day” to Chinese on real estate excursions.
Unwinding QE will be “More Disruptive than People Think” by Wolf Richter • Jul 12, 2017 • 116 Comments “We act like we know exactly how it’s going to happen, and we don’t.”
Cryptocurrencies Collapsed by Wolf Richter • Jul 11, 2017 • 132 Comments A “collapse” is when the price plunges 50% or more in days.
Silicon Valley’s “Death by Overfunding”: Next Unicorn Collapses by Wolf Richter • Jul 11, 2017 • 85 Comments When the ocean of hype turns toxic.
Has Super Mario Draghi Met His Match? by Don Quijones • Jul 10, 2017 • 28 Comments And this might become a problem for the Fed.