Haunting Photos of #Carmageddon: Hyundai Gets Crushed, as GM, Ford, Others Struggle by Wolf Richter • Jun 2, 2017 • 123 Comments Factory-fresh Hyundais stored on vast new gravel lots near Mexican border.
Rents Deflate in the Hottest US Cities, Soar in Cheaper Cities by Wolf Richter • Jun 1, 2017 • 75 Comments Honolulu rents plunge 19%. Landlords scramble. Check the 100 most expensive markets.
Despite the Hype, Italy’s Banking Crisis Metastasizes by Don Quijones • Jun 1, 2017 • 22 Comments The government’s giant debt is already “vulnerable to market turbulence.”
Oh My, Those Conflicted American Consumers…. by Wolf Richter • May 31, 2017 • 113 Comments The divide in economic confidence has become extreme.
Brick-and-Mortar Retail Meltdown Has a Busy Month by Wolf Richter • May 31, 2017 • 68 Comments After years of asset stripping by private equity firms and hedge funds.
Dear Fed, It’s Not “Really Hard to Spot Bubbles” by Wolf Richter • May 30, 2017 • 99 Comments Here are some visual aids to help the Fed spot the housing bubble.
Why an Australian Fund Manager Decided to Sell Everything by Wolf Richter • May 30, 2017 • 66 Comments Spooked by a “housing calamity,” banks, overvalued stocks, and China.
Goldman Sachs Accused of “Aiding and Abetting” Venezuela’s “Dictatorial Regime” by Wolf Richter • May 29, 2017 • 43 Comments A very risky bond deal with a huge yield.
Banco Popular’s Co-Co Bonds Plunge as Balance Sheet Chaos Revealed in Potential Forced Sale by Don Quijones • May 29, 2017 • 7 Comments Spain’s sixth largest bank “itself cannot at this point make a rough calculation” of what its value is, “and if they can’t, neither can we.”
Why I think Stocks Won’t Crash Spectacularly but May Zigzag Lower in Agonizing Ups-and-Downs, Possibly for Decades by Wolf Richter • May 28, 2017 • 120 Comments Worst-case scenario ahead.
