Wolf Richter wolfstreet.com, www.amazon.com/author/wolfrichter “It now appears bike sharing is the stupidest business, but the smartest brains of China all tried to get in,” Wu Shenghua, founder of 3Vbike, one of the many collapsed bike-sharing companies in China, told Reuters. “It …
by Graham Summers of Gains, Pains, & Capital The next crisis is here. And yes, it is a crisis. Ignore anything the media says about this, we are seeing selling that is on par if not worse than the 2008 collapse. And it’s …
Wolf Richter wolfstreet.com, www.amazon.com/author/wolfrichter And over the long term? It gets complicated, as they say. Since October 1, the S&P 500 index has plunged 19.6%, to 2,351 as of Monday’s fiasco. Over the same period, the price of gold has …
by Alan Yerushalmi from News with Chai The yellow vest (a.k.a. gilets jaunes) protests in France are a sign of a populace that has grown more discontent with their falling standard of living and who feel completely disconnected from their elected politicians. …
Air Freight & logistics index is getting crushed in a global slowdown. This tells me that any rally is not sustainable in stocks b/c global macro is quickly deteriorating pic.twitter.com/yOHBMpxb9E — Alastair (@StockBoardAsset) December 19, 2018 In a matter of …
by GoldCore – Review of 2018: ‘Everything bubble’ started bursting – International stock market indices and many property markets have fallen sharply – S&P 500 -4.5%, Nikkei -8%, EuroStoxx 50 -12.5%, FTSE -13%, DAX -16.5% – Of 54 major international …
Wolf Richter wolfstreet.com, www.amazon.com/author/wolfrichter For nine years, US stocks, foreign stocks, government bonds, corporate investment-grade bonds, junk bonds, leveraged loans, emerging market bonds, art, classic cars, residential real estate, commercial real estate, startup valuations…. they all surged. Then came 2018. Which …
Authored by Steve Saretsky of VancityCondoGuide The sudden shift in the Vancouver housing market has been well documented. In November, home sales across all property types sank to a ten year low for the month. The drop is rather unprecedented considering the …
Wolf Richter wolfstreet.com, www.amazon.com/author/wolfrichter The biggest housing markets of the West Coast — the Seattle metro, the San Francisco Bay Area, and the Los Angeles and San Diego metros — went through phenomenal price inflation over the past few years, …
by Chris Martenson Now that the world’s central banking cartel is taking a long-overdue pause from printing money and handing it to the wealthy elite, the collection of asset price bubbles nested within the Everything Bubble are starting to burst. …
by Graham Summers of Gains, Pains, & Capital Stocks will be opening down today… as in DOWN. As bad as it’s looking, things were actually much worse a few hours ago. The initial drop was so massive that the futures exchange intervened to stop the …
by howmuch The American government is fast approaching the $22 Trillion mark in national debt. That’s about 137% of our entire GDP, one of the highest rates of indebtedness in the entire world. If the government seems addicted to adding to the national balance …
The U.S. stock market capitalization as a percent of GDP (Warren Buffett's favorite indicator) shows that we're at 1929 and dot-com bubble valuations: https://t.co/yAKYS3DTNv $QQQ $SPY pic.twitter.com/cGCXFh9bVf — Jesse Colombo (@TheBubbleBubble) December 4, 2018 https://twitter.com/hks55/status/1070091893642452992 https://twitter.com/Montyrumbold_/status/1070036519929421824 $VIX Bollingers almost at …
With the tragic demise of local newspapers, places like Mic have become the entry point into the craft for a lot of young journalists. What’s more, their newsrooms have been admirably diverse, a diversity that their journalism has admirably reflected. …
by Michael Snyder Optimism can be a very powerful thing. For a long time Americans believed that things would get better, and that caused them to take action to make things better, and that actually resulted in things moving in …
Wolf Richter wolfstreet.com, www.amazon.com/author/wolfrichter The underlying dynamics changed in August and have worsened since. And this is still the tech boom. It’s high time to unload houses and condos in Silicon Valley and San Francisco, one of the most expensive …
by howmuch The economy is at full employment, the stock market is doing fine, and memories of the Great Recession are finally starting to fade. Unfortunately, not everyone is feeling the love of a growing economy, and nowhere is that …
via Nick Giambruno: I think there’s a very high chance of a stock market crash of historic proportions before the end of Trump’s first term. That’s because the Federal Reserve’s current rate-hiking cycle, which started in 2015, is set to pop …
by Adam Taggart As we’ve been tracking here at PeakProsperity.com, the housing market is starting to look quite ill. After the central bank-driven Grand Reflation following the Great Financial Crisis, home prices are now beginning to nose over from their new …
Alarming signals are coming from an unlikely place, the market that the industry long touted as an engine of infinite growth. By MC01, a frequent commenter, for WOLF STREET: In 1990, leased aircraft accounted for 15% of airline fleets. By 2017, …
by Josh Sigurdson and John Sneisen of World Alternative Media Josh Sigurdson talks with author and economic analyst John Sneisen about the massive loan crisis happening world wide as investors, banks and government get up to the same risky activity we saw leading up to …
Josh Sigurdson talks with author and economic analyst John Sneisen about the massive loan crisis happening world wide as investors, banks and government get up to the same risky activity we saw leading up to the 2008 financial crisis. Of …
Let’s admit the truth. Debt matters. And soon the debt will implode this corrupt system. The only issue is that will only get worse with the new monetary system. There will be no salvation from the debt fiasco we are …
Wolf Richter wolfstreet.com, www.amazon.com/author/wolfrichter Mortgage rates are climbing faster than the 10-year Treasury yield. The average interest rate for 30-year fixed-rate mortgages with conforming loan balances ($453,100 or less) and a 20% down-payment rose to 5.17% for the latest reporting …
by David Robertson Technology has touched our lives in so many ways, and especially so for investors. Not only has technology provided ever-better tools by which to research and monitor investments, but tech stocks have also provided outsized opportunities to …
BY JOHN MAULDIN Debt is a huge a drag on the economy. It’s especially true after it rises over the 80 to 90% of GDP level. US government debt is now 106% of GDP. And if you add state and local …
by Troy We’re seeing something very interesting right now. Most of our long term market studies are still bullish, but several are turning bearish. This is typically what happens in the last year of a bull market, when the market …
Futures Rallied after Drop on Apple News – I want to get to the nonfarm payroll number. This is the big number, and, maybe, because the initial number was good, the market rallied. Although, I think the real reason that …
Wolf Richter wolfstreet.com, www.amazon.com/author/wolfrichter “Bloodbath” and similar technical terms crop up in the media. Sales of houses and condos in Greater Sydney, Australia’s largest housing market, plunged 16.7% in October compared to October last year, even as advertised listings surged …
