Texans Close their Wallets, Houston’s Economy Gets Crushed by Wolf Richter • Dec 7, 2016 • 55 Comments It’s not just the oil bust.
Foreclosure Crisis Comes Full Circle? Biggest Buy-to-Rent Landlord Plans IPO (Despite Red Ink Everywhere) by Wolf Richter • Dec 6, 2016 • 78 Comments The financialization of rents.
This is how the Fed Has Been Sneak-Tightening Notch by Notch by Wolf Richter • Dec 6, 2016 • 48 Comments And it’s now hitting home.
Get Used to Lousy Growth AND Rising Rates: Fed Dove Dudley by Wolf Richter • Dec 5, 2016 • 93 Comments The bond market is already doing the math.
Italians Vote “No,” Renzi to Resign, Banking Crisis Now Looking for Taxpayers by Wolf Richter • Dec 4, 2016 • 73 Comments Teetering Eurozone banks exposed to flying shrapnel.
Why No One Will Even Try to Tame the US Healthcare Monster by Wolf Richter • Dec 4, 2016 • 155 Comments Though it cannibalizes the rest of the economy.
Vancouver Housing Market Freezes Up, Sales Crash, Prices Sag, For-Sale Signs Proliferate by Wolf Richter • Dec 2, 2016 • 90 Comments “Entire Swaths of our neighborhood are covered with For-Sale signs”: photos by our boots-on-the-ground Angela Johnson.
Government Bond & Mortgage “Meltdown” Crushes NIRP by Wolf Richter • Dec 2, 2016 • 105 Comments And the spike in mortgage rates will come in handy.
The Great Unwind Unravels Hottest Rental Markets in the US by Wolf Richter • Dec 1, 2016 • 46 Comments Now in San Francisco, New York, Boston, Chicago, Washington DC, and perhaps a city near you.
Subprime Auto-Loan Delinquencies Surge to NY Fed’s Attention by Wolf Richter • Nov 30, 2016 • 115 Comments Six million Americans are 90-plus days delinquent.