by Jesse Colombo U.S. student-loan delinquencies surged in 2018, hitting a record $166.4 billion in the fourth quarter. Bloomberg reports – Delinquencies continued to climb even as the unemployment rate fell below 4 percent, suggesting the strong U.S. job market hasn’t generated …
by Jesse Colombo My concerns about the U.S. automobile bubble are being confirmed. As Bloomberg reports: More Americans than ever are at least three months behind on their auto loans, a sign that the U.S. economy may have little growth left …
By Robert Ross “Housing prices in the US never go down.” Just about everyone in America believed that in the mid-2000s. A limited amount of buildable land and a growing population would keep housing demand strong. So, house prices will continue …
https://twitter.com/mcm_ct/status/1095507722299166725 https://twitter.com/hks55/status/1095482399138422784 Global non-financial corporate debt hit a record high of 92% in Q3 2018. pic.twitter.com/fDyv5HQ5D9 — IIF (@IIF) January 15, 2019 pic.twitter.com/ZeXgeV514k — M/1_LP (@MI_Investments) February 13, 2019 https://twitter.com/hks55/status/1095445616665219074 https://twitter.com/NorthmanTrader/status/1095658530080768006 Last year 6.9% their forecast for this year 6% …
by Dave Kranzler of Investment Research Dynamics I get a kick out of these billionaires and centimillionaires, like Kyle Bass yesterday, who appear on financial television to look the viewer in the eye and tell them that economy is booming. Kyle Bass doesn’t expect a …
by Josh Sigurdson and John Sneisen of World Alternative Media Josh Sigurdson talks with author and economic analyst John Sneisen about the continued crash of the auto industry and GM plans 4,000 layoffs this week. This will affect several factories in North America. Now, we …
by John Adams and Martin North from Adams Economics Australian Economist John Adams from Adamseconomics.com and banking expert Martin North report on how Australia’s record debt bubble is leading in massive social problems among Australia’s middle class. In the past 6 years, Sydney’s south west region …
In late 2017, the spike in Bitcoin value stopped just a few hundred dollars shy of $20,000 at the highest exchange rate a cryptocurrency has seen. 2017 was a year of cryptocurrency craze as the Bitcoin frenzy penetrated all depths …
by Jesse Colombo As seen on Forbes by Real Investment Advice’s Jesse Colombo – “Computer Science Demand Is Soaring Due To Tech Bubble 2.0.” For the past several years, I’ve been warning that the tech startup boom (and the surge …
via @mcm_ct: Wonder what is going on? Wonder how bad the malinvestment situation is? Wonder how big the bubble and its collapse will be? Well, look at the sheer lunacy in China! via @TaviCosta: More signs of Chinese capital outflows rising again: …
by John Coumarianos Do current stock prices reflect a speculative frenzy? It’s a crucial question for anyone trying to preserve and grow their capital, but also a difficult one to answer. Martin Tarlie of Boston asset manager Grantham, Mayo, van …
by GoldCore – Investors need a ‘Plan B’ to protect against Brexit, currency, property and other risks – Brexit uncertainty is impacting Irish and UK consumers, companies and economy – London home asking prices slump below £600,000: Lowest since 2015 …
by Jesse Colombo ZeroHedge published an article I found interesting called “For Silicon Valley’s Startups, The Bill Is Finally Coming Due“: Silicon Valley startups like Hustle, an ad-messaging company that spent lavishly on things like on-tap kombucha and arcade games …
Average home price in 2018 fell for first time since 2008, largest decline in the data going back to 2001. By Steve Saretsky, Vancouver, Canada, Vancity Condo Guide: National home sales across Canada slipped for the second consecutive year, dropping 11% …
Mike Maloney, founder of GoldSilver.com, recently completed a marathon, 81-minute interview with Nicholas Merten of the DataDash YouTube channel. The conversation was far reaching, covering Mike’s entry into the world of precious metals, his alliance with Robert Kiyosaki, and how …
via MarketWatch: Stock rockets 38% after company says it can be profitable based on a non-GAAP metric that ignores losses and falling sales Meal-kit provider Blue Apron Holdings Inc.‘s shares rocketed 38% on Tuesday, after the company said it is …
via @OccupyWisdom : THE WEALTH DEFECT Household net worth now 700% or 7X the amount of disposable income of the household. This is the direct effect of “asset” price inflation. Each bubble has progressively grown larger as incomes have stayed static. People …
by Jesse Colombo CNBC just published a piece about how venture capital spending hit an all-time high in 2018, surpassing the dotcom bubble record: Venture capital just had its highest spending year in history. The amount of money firms spent on private …
Josh Sigurdson talks with Daniel Ameduri of Future Money Trends about the coming everything bubble as we see a massive pension shortfall, banks falling, housing bubbles, derivatives bubbles, student loan bubbles, currency swapping, etc. Daniel notes that he doesn’t think …
Josh Sigurdson talks with author and economic analyst John Sneisen about the very real potential of a continued massive crash of the housing market in the immediate future. James Stack, a money manager from Montana who correctly predicted the 2008 …
Alasdair Macleod explains why he believes meltdown was predictable and what you can do to at least in part protect yourself against the carnage that lays ahead. AC
From Brandon Smith In 2018, a very significant economic change occurred, which sealed the fate of the U.S. economy as well as some other economies around the globe. This change was the shift of central bank policy. The era of stimulus …
Wolf Richter wolfstreet.com, www.amazon.com/author/wolfrichter With Seattle’s economy still strong, the downturn isn’t caused by layoffs & defaulting mortgages. The fabulous bubble has run out of steam on its own. Inventory of houses and condos for sale in King County – …
Wolf Richter wolfstreet.com, www.amazon.com/author/wolfrichter But this time it’s not a result of a tech bust. That hasn’t happened yet. Housing inventory listed for sale in the two counties that make up Silicon Valley – San Mateo County and Santa Clara …
by Jesse Colombo Zillow recently published its 2018 housing market report that showed that America’s $33.3 trillion housing market is up by 49% since 2012: The value of the U.S. housing market continues to climb, gaining 6.2 percent in 2018 to reach …
by Jesse Colombo Apple stock plunged nearly 10% on Thursday after the company cut its revenue forecast due to slowing iPhone sales in China. Apple’s woes dragged U.S. stock indices lower by more than 2% as fears of a more …
via Bloomberg: Prices in Australia’s largest city drop 11.1% from 2017 peak CoreLogic sees tighter credit weighing on prices this year The downturn in Sydney’s property market is set to deepen this year as tighter lending standards and the …
by GoldCore – Are we to prepare for a global Debt Bubble Collapse in 2019? – 2019 to see the political and economic uncertainty of 2018 continue and likely to deepen – Investors lulled into a false sense of security …
Wolf Richter wolfstreet.com, www.amazon.com/author/wolfrichter Corporate debt, after years of encouragement by the Fed via artificially low interest rates, has reached historic levels. Now even the Fed is worried about its handiwork. Many of these companies will default over the next …
Rampant unaffordability and a slew of other reasons. By Don Quijones, Spain, UK, & Mexico, editor at WOLF STREET. In the fourth quarter of 2018, prices in prime regional housing markets in England and Wales fell by 0.9%, according to global real estate agency …