It Gets Real: Manhattan Apartment Sales Plunge by Wolf Richter • Jun 30, 2016 • 64 Comments And condo prices plummet 14.5% in 3 months.
NIRP Absurdity Soars after Brexit, Hits $11.7 Trillion by Wolf Richter • Jun 29, 2016 • 49 Comments No one knows how to back out without blowing up the whole system.
How Vulnerable is the Shaky US Economy to Brexit Fallout and European Bank Meltdown? by Wolf Richter • Jun 27, 2016 • 32 Comments Business optimism “lowest since the height of the Financial Crisis.”
European Banks Get Crushed, Worst 2-Day Plunge Ever, Italian Banks to Get Taxpayer Bailout, Contagion Hits US Banks by Wolf Richter • Jun 27, 2016 • 73 Comments The banking crisis jumps to the next level.
ECB Blows €400bn on “Brexit Black Friday” Bank Bailouts by Wolf Richter • Jun 26, 2016 • 42 Comments Dealing with a Financial Crisis under the cover of Brexit Chaos.
Not a Plunge but a Long, Slow Grind Lower by Wolf Richter • Jun 24, 2016 • 75 Comments Without any real end in sight. That’s what’s different this time.
UK Pound Collapses, Nikkei, European Futures Crash, Oil Dives, Gold & Bonds Soar as Brits Choose “Leave” by Wolf Richter • Jun 24, 2016 • 108 Comments Bookies turn into goofballs as financial carnage breaks out.
Worst “Zombie States” in America “Deteriorate Faster, Further” by Wolf Richter • Jun 23, 2016 • 55 Comments Moral Hazard Spreads: TBTF States?
Even if Brexit Vote Wins, there may be No Brexit: Daiwa by Wolf Richter • Jun 22, 2016 • 23 Comments The investment bank’s cynical analysis explains how things work.
From Investment-Grade to Bankruptcy in 4 Months: Why Ratings Agencies are Still a Joke by Wolf Richter • Jun 21, 2016 • 32 Comments Whom are they trying to fool?
