This Is How Insane San Francisco’s Housing Bubble Really Is by Wolf Richter • May 19, 2015 • 17 Comments Boom-and-Bust City. But watch out below.
“Cash Is Coined Freedom”: War on Cash Becomes Official in Germany, Reaches G-7, Draws Withering Fire by Wolf Richter • May 18, 2015 • 40 Comments The Eurozone, the US, the UK, and Switzerland should “give up cash at the same time.”
“Buyers beware”: Capital Markets “Completely Backwards” by Wolf Richter • May 18, 2015 • 10 Comments A disturbing scenario for folks fretting about “financial instability,” as it’s called.
China Momentum Indicator Plunges to “Hard Landing” Level by Wolf Richter • May 15, 2015 • 13 Comments “But nothing is normal in China anymore.”
Afraid of Losing Trillions, Wall Street Fights Fed Rate Hikes by Wolf Richter • May 14, 2015 • 25 Comments Stocks, bonds, art, housing, VC portfolios of billion-dollar startups… everything’s on the line.
“Brazil Just Getting Worse and Worse” by Wolf Richter • May 14, 2015 • 20 Comments Even the IMF becomes a doom-and-gloomer on Brazil.
Why the Heck Is the Trucking Business Slowing Down? by Wolf Richter • May 13, 2015 • 32 Comments I was forewarned. A trucker told me in April. Now the industry numbers came out.
Saudi Arabia, Russia in No Mood to Cave to US Fracking Boom by Wolf Richter • May 12, 2015 • 16 Comments Their oil production sets records, US drillers aren’t backing off either, glut gets worse.
China Downturn Hits US Automakers by Wolf Richter • May 12, 2015 • 8 Comments When the People’s Bank of China spoke of “big downward pressure,” it wasn’t kidding.
How Soaring Housing Costs Impoverish a Whole Generation and Maul the Real Economy by Wolf Richter • May 11, 2015 • 27 Comments How many years does it take to save up for a down payment in these US cities? Are you sitting down?