Americans Suddenly Sour on Buying a Home, Worst Drop since 2008, Optimism Plunges in the West by Wolf Richter • Apr 27, 2015 • 37 Comments Potential buyers face the wall of soaring prices.
Canada’s Magnificent Housing Bubble Goes Nuts, Cracks by Wolf Richter • Apr 24, 2015 • 20 Comments Even “Second-Time Buyers” can’t afford to buy without help from mom & dad.
This Is What’s Happening in Junk Bonds, and It’s Not Pretty by Wolf Richter • Apr 23, 2015 • 3 Comments Junk bonds in “extreme overvaluation,” covenant quality drops to record low, old money getting whacked as new money pours in.
The Greek People Just Destroyed Syriza’s Strategy by Wolf Richter • Apr 22, 2015 • 31 Comments They love their euros.
Central Bank Governor Veers Off Script, Sees “Illusion of Liquidity” & “Asset Bubbles,” Dreads Crash by Wolf Richter • Apr 22, 2015 • 9 Comments And he offers an insanely good chart of the Hot Money.
F35, The Jet That Ate the Pentagon by Wolf Richter • Apr 21, 2015 • 10 Comments $1.5 trillion, but… “We don’t know where all the money is going” (brief bone-chilling video with cool footage of the thing flying, landing vertically, etc.).
Shanghai Containerized Freight Index Collapses: China-US Rates Hit Hard, China-Europe Rates Plunge to All-Time Low by Wolf Richter • Apr 20, 2015 • 6 Comments “Rates in many Asia export trades are in a tailspin.” And here’s why.
Money from Heaven, Path to Hell by Ryan Litfin • Apr 17, 2015 • 4 Comments What the Fed is going on?! Gains evaporate back into thin air from where they came.
How Wall Street Is Exporting Toxic Junk Loan Waste To Japan by Wolf Richter • Apr 17, 2015 • 13 Comments US junk goes in. Plump, yen-denominated, highly rated bonds come out.
Bankruptcies Suddenly Soar Across Corporate America, Worst First Quarter Since 2009 by Wolf Richter • Apr 16, 2015 • 20 Comments Statistical fluke? Hardly.
