Toronto’s Housing Bubble Pops. “The Frenzy is Over – It’s Over” by Wolf Richter • Jun 5, 2017 • 135 Comments New listings soar as sales plunge. Prices drop 6% in just one month.
It Starts: Hiring Falls in San Francisco Bay Area, Says LinkedIn by Wolf Richter • Jun 4, 2017 • 116 Comments Tech skills are suddenly “abundant” in San Francisco and Silicon Valley.
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.
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.
Are Markets Blowing off the Fed? by Wolf Richter • May 26, 2017 • 58 Comments A stock or bond market tantrum might stop the Fed in its tracks. But the opposite is happening.