It’s Getting Uglier in Spain by Don Quijones • Aug 8, 2016 • 36 Comments With attention riveted on the disintegration and “rescue” of Italy’s banks, other crises go unnoticed, including the gathering problems in government-less Spain.
City of London Office Values Plunge 6% in One Month by Wolf Richter • Aug 8, 2016 • 8 Comments “Global Economic Uncertainty,” Brexit meet UK Commercial Property Bubble.
LEAKED: Who Profits the Most from Italy’s Banking Crisis? by Wolf Richter • Aug 7, 2016 • 35 Comments JP Morgan’s deal “would be great for Italy”: CEO Jamie Dimon.
Why this Job Market is Still Terrible: The Politically Incorrect Numbers Everyone is Hushing up by Wolf Richter • Aug 5, 2016 • 105 Comments In fact, it has barely improved since the Great Recession.
Big European Banks Try to Block Contagion from Italian Banking Crisis (Before it Sinks them) by Don Quijones • Aug 5, 2016 • 20 Comments These big banks have every reason to try keeping Italian banks afloat.
Whiff of Panic among Australia’s Biggest Banks? by Wolf Richter • Aug 4, 2016 • 72 Comments “Australia’s WTF Moment.”
“Shockingly, Boards of Directors Encourage this”: Gallup CEO by Wolf Richter • Aug 4, 2016 • 65 Comments Why this economy is so rotten to the core.
Vancouver Housing Bubble, Meet Pin by Angela Johnson • Aug 3, 2016 • 36 Comments The short sellers are coming: “a money-laundering-induced market.”
Is the “Leaning Tower of San Francisco” the Only One? by Wolf Richter • Aug 3, 2016 • 74 Comments Didn’t do what when they built the most luxurious condo tower in California?!
This is a Warning Sign for Stocks by Wolf Richter • Aug 2, 2016 • 31 Comments IPOs collapse to near-crisis levels even as stocks hover at record.