Brexit Plows into British Consumers, Economy to Spiral Down by Wolf Richter • Jul 8, 2016 • 38 Comments Consumer confidence plunges the most since 1994.
Is this What Hit Housing in San Francisco, Manhattan, and Miami? Suddenly, Foreign Investors Pull Back… by Wolf Richter • Jul 7, 2016 • 51 Comments Oh no! Not now! Chinese investors buy fewer homes in the US.
I’m in Awe at How Fast Deutsche Bank is Coming Unglued by Wolf Richter • Jul 6, 2016 • 58 Comments Bond-buyback miracle-nonsense flops. Shares, CoCo bonds plunge.
The Big Unravel: US Commercial Bankruptcies Skyrocket by Wolf Richter • Jul 6, 2016 • 45 Comments Instead of that promised “escape velocity.”
These 2 Forces Will Crush the San Francisco Housing Bubble by Wolf Richter • Jul 5, 2016 • 76 Comments Already happening, with impeccable timing.
LEAKED: Japan’s Mega-Pension Fund Plows into Stocks, Eats $50Bn Loss, Tries to Hide it till after Election by Wolf Richter • Jul 3, 2016 • 29 Comments Benefiting hedge funds and banks that had front-run the fund.
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.