Consumer Bankruptcies Rise for the First Time since 2010 by Wolf Richter • Feb 5, 2017 • 46 Comments A red flag that’ll be highlighted only afterwards as a turning point.
Italy’s “Bad Banks,” Created to Save the Financial System, Are Themselves on Verge of Collapse by Don Quijones • Feb 4, 2017 • 33 Comments “The €20 billion the government set aside is starting to look like small beer.”
There’s a Lot More at Stake in this IPO than Just Toxic Financials by Wolf Richter • Feb 3, 2017 • 63 Comments Silicon Valley hubris knows no bounds.
Markets Smell a Rat as Central Banks Dither by Wolf Richter • Feb 2, 2017 • 61 Comments NIRP is dying.
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.