via The Fortune Teller Those are not only the capital markets that are shaking this month. October 2018 is the first month since 2008 that the Fed is inactive in the market. We are due to see another squeeze out of …
“there are a lot of firms that will go bankrupt” in the coming down-cycle. Yellen and Powell are on the same page. This bubble in leveraged loans ($1.3 trillion!) is destined to end badly…"there are a lot of firms that …
by Macropod Why do I ask? When I visited China last month, I learned that an apartment in Beijing and Shanghai costs $10,000 USD per sq. ft. Yeah, whoah! Not only this, but the inflation rate is so high that …
Wolf Richter wolfstreet.com, www.amazon.com/author/wolfrichter “People are concerned about all that capital chasing limited opportunities.” After a decade of “emergency” measures such as QE and zero-interest-rate policy designed to pump up asset prices – now ended – we get this: “Everyone …
via foxnews: Once upon a time Hollywood was in the entertainment business. Today that’s taken a backseat to indulging the egos which exist in their exclusive liberal bubble. As the rest of us tune in to laugh and be entertained, they …
by Graham Summers of Gains, Pains & Capital It is looking increasingly likely that the bull market is OVER. The Russell 2000 (IWM) has lead the S&P 500 throughout the bull market begun January 2016. Over that time period, the Russell 2000 rose …
Josh Sigurdson talks with author and economic analyst John Sneisen about the crash of Australian housing markets across the board, from Sydney to Melbourne. AMP Capital had recently predicted a 15% crash, however they have now updated that to a …
Wolf Richter wolfstreet.com, www.amazon.com/author/wolfrichter Bigger issues than propping up the stock market beckon. Today, the Shanghai Composite Index dropped another 2.9% to 2,486.42. In the bigger picture, that’s quite an accomplishment: Lowest since November 27, 2014, nearly four years ago …
by Jesse Colombo Since 2009, the U.S. has been experiencing a household wealth boom due to soaring stock, housing, and bond prices. Unfortunately, this wealth boom is driven by cheap credit and asset bubbles just like the late-1990s and mid-2000s …
by Michael Snyder The bigger they come, the harder they fall. Currently, we are in the terminal phase of an “everything bubble” which has had ten years to grow. It is the biggest financial bubble that our country has ever …
by John Rubino Chris Duane: “Death line crossed of rate reaper” … Mike Maloney: The new index that screams “market bubble” … Peter Schiff: The bear begins as rising rates crash stocks … Harry Dent on “the future of the …
Wolf Richter wolfstreet.com, www.amazon.com/author/wolfrichter “The ECB cannot and should not turn a blind eye to risks to financial stability.” “Maintaining financial stability is about two things: First, it is about preventing the build-up of bubbles; second, it is about making …
by Brandon Smith Economic collapse is not an event — it is a process. I’ve been saying this since the initial 2008 crash, and I suppose I will keep saying it until it burns into people’s minds because I don’t think …
Wolf Richter wolfstreet.com, www.amazon.com/author/wolfrichter What many in 2016 thought would never happen again is now reality. It finally happened – a line in the sand has been breached. The average interest rate for 30-year fixed-rate mortgages with conforming loan balances …
by Jesse Colombo In this special video presentation, Jesse Colombo explains the U.S. corporate debt bubble that is inflating in the U.S. While the soaring stock market has attracted the most attention, a dangerous bubble has also formed in U.S. …
The ECB and BOJ bond bubble:At the peak of QE the #Fed was NEVER 100% of net bond issuances.#ECB is 7x net issuances, BOJ 3x. Careful. Central banks are disguising risk and there is no evidence of any real demand …
by Mark O’Byrne of GoldCore Are Global Property Bubbles Starting To Burst? – London, Dublin, Sydney, Vancouver and Hong Kong property prices fall as global risks increase… – Property bubbles in many cities internationally according to The Economist, UBS and others https://www.bloomberg.com/news/articl… – …
Wolf Richter wolfstreet.com, www.amazon.com/author/wolfrichter Sales volume drops to lowest for any Sept going back to 2005. Condo prices drop to Oct 2016 level. House prices drop 11% from Peak Trump Bump. It’s not fun anymore. This is a phenomenon that …
via GPC As we have been warning repeatedly over the last few months, the Powell Fed is totally unlike the Bernanke or Yellen Feds. Former Fed Chairs Ben Bernanke and Janet Yellen were “married” to the bull market in stocks. …
By Bob Shanahan The full scale and scope of the student loan debt bubble is far from fully understood. Millions of young Americans continue to be encouraged to go to massively expensive universities for useless undergraduate degrees. The result has …
Wolf Richter with Jim Goddard on This Week in Money: Interest rates will continue to rise in the US and Canada. In both countries, potential buyers face affordability issues, which puts a damper on demand. But in Canada, variable-rate and adjustable-rate …
by Jesse Colombo As seen on Forbes by RIA’s Jesse Colombo: “Goldman Has Rehabbed Its Reputation And All It Took Was This Huge Bubble“: During the Global Financial Crisis and a few years after it, investment bank Goldman Sachs became Public …
via GPC Yesterday, the Federal Reserve stated it would no longer be “accommodative” with its monetary policy. On that same day Fed chair Jerome Powell stated that stock market valuations were in the “upper reaches of historic ranges” i.e. bubbly. …
Wolf Richter wolfstreet.com, www.amazon.com/author/wolfrichter The average interest rate for 30-year fixed-rate mortgages with conforming loan balances ($453,100 or less) and a 20% down-payment jumped to 4.97% for the week ending September 21, the Mortgage Bankers Association (MBA) reported this morning. A week …
by Brandon Smith Much like the laws of physics, there are certain laws of economics that remain constant no matter how much manipulation exists in the markets. Expansion inevitably leads to contraction, and that which goes up must eventually come down. …
https://youtu.be/LlmbDr6AjxU In this episode of the Keiser Report, Max and Stacy discuss the manic gyrations in stock markets as investors get high on their own supply. They also discuss the yield curve failing to invert and the ‘free’ investing app …
Wolf Richter wolfstreet.com, www.amazon.com/author/wolfrichter What do you do when nearly all asset classes are overvalued? Diversification is one of the oldest principles by which people try to hang on to their wealth, however little they might have. Don’t put all …
https://twitter.com/OccupyWisdom/status/1044093424356544514 https://twitter.com/OccupyWisdom/status/1044091105103556608 https://twitter.com/OccupyWisdom/status/1043695189406244864
by Ron Paul of Ron Paul Liberty Report As a presidential candidate, Donald Trump correctly called the economy a “big, fat, ugly bubble.” The bubble is now much bigger, but President Trump has stamped his name on it. Interest rates are now rising. …
Wolf Richter wolfstreet.com, www.amazon.com/author/wolfrichter Construction boom, flood of new high-end apartments, not enough demand, rising vacancy rates, and the biggest concessions since the Great Recession. The Seattle metro has enjoyed strong job growth in recent years and soaring housing costs. …