It’s Time We Talked About Our Owners by Don Quijones • Feb 2, 2017 • 29 Comments How big asset managers impact “our increasingly cartelized economy.”
Car Sales Crash, But It’s Complicated by Wolf Richter • Feb 2, 2017 • 33 Comments Despite what you might think, automakers did not “cut back” on fleet sales. But keep an eye on rideshare companies.
Rents Plunge in Costliest US Cities, Soar in Mid-Tier Cities by Wolf Richter • Feb 1, 2017 • 35 Comments Overall national rent figures hide the drama on the ground.
“Watch Out for the Shock”: Asset Manager Natixis by Wolf Richter • Jan 31, 2017 • 40 Comments Investors have gotten so used to central bank “laxity” they “cannot believe it will end.”
The Granular Detail of Miami’s Preconstruction Condo Flipping Bloodbath by Wolf Richter • Jan 31, 2017 • 40 Comments Microcosm of the condo boom-and-bust cycle.
Is Italy’s Banking Problem Becoming Too Big to Solve? by Don Quijones • Jan 30, 2017 • 35 Comments They said it was contained, but now it hit the largest bank.
What the Heck Happened to Hanjin’s Ships and the Collapsed Freight Rates? by Wolf Richter • Jan 30, 2017 • 36 Comments Bankruptcy reveals “opaque ownership.” And freight rates surge.
Condo Speculation Collapses in Miami-Dade’s Condo Glut by Wolf Richter • Jan 29, 2017 • 46 Comments Preconstruction condo flippers left twisting in the wind.
Dow Companies Report Worst Revenues since 2010, Dow Rises to 20,000 (LOL?) by Wolf Richter • Jan 29, 2017 • 46 Comments Wall Street hocus-pocus has done an awesome job.
Things Just Got Serious in Europe’s War on Cash by Don Quijones • Jan 28, 2017 • 73 Comments To protect citizens from threats as defined by apparatchiks in Brussels.