Josh Sigurdson talks with author and economic analyst John Sneisen about the coming pension crash as Jeff Desjardin predicts that the global pension shortfall will reach 400 trillion by the year 2050 based on analysis by the World Economic Forum …
Wolf Richter wolfstreet.com, www.amazon.com/author/wolfrichter The average interest rate for 30-year fixed-rate mortgages with conforming loan balances – $453,000 or less – and a 20% down-payment jumped to 4.73% for the week ending April 20, from 4.66% in the prior week, …
Wolf Richter wolfstreet.com, www.amazon.com/author/wolfrichter When is it gonna pop? The junk-bond market is still in total bubble bloom, simply ignoring the bloodletting in the Treasury market that pushed the 10-year yield to 3%, finally for the first time in over …
Wolf Richter wolfstreet.com, www.amazon.com/author/wolfrichter Wow, that was fast and huge. After announcing this morning that an investor call was scheduled to try sell a “drive-by” issue of $1.5 billion in 10.5-year bonds that S&P rates four notches into junk (B+) …
Josh Sigurdson talks with author and economic analyst John Sneisen about the British mortgage market as the Bank of England warns of some clear instability. Of course housing markets are localized, but it appears there are problems across the board …
Wolf Richter wolfstreet.com, www.amazon.com/author/wolfrichter Bonds, junk bonds, spreads, commercial real estate, leveraged loans, over-leveraged companies… all get named as risks to the banks. This is why tightening will continue. “If we have learned anything from the past, it is that …
Authored by Jesse Colombo via RealInvestmentAdvice.com, Four years ago, I wrote a piece for Forbes called “This New Libor ‘Scandal’ Will Cause A Terrifying Financial Crisis,” in which I explained that the “real” Libor scandal wasn’t the Libor rigging scandal, but the …
by GoldCore – Global debt bubble hits new all time high – over $237 trillion – Global debt increased 10% or $21 tn in 2017 to nearly a quarter quadrillion USD – Increase in debt equivalent to United States’ ballooning …
Josh Sigurdson talks with author and economic analyst John Sneisen about the clear struggles in the auto industry as demand falls significantly and subprime buyers disappear from showrooms. The March sales pace fell to its lowest in seven months. Sales …
by John Rubino Record student loan balances? Check. Trillion dollar credit card debt? Check. Six tech stocks dominating the Nasdaq? Check. Subprime auto loans at record levels? Check. All that’s missing is subprime mortgages and we’d have every bubble base …
What if, back in 2008, when Lehman Brothers, Bear Stearns, Merrill Lynch and many others were toppling like dominoes, someone said to you: “If you think this is bad, wait another decade, an even bigger financial crisis will loom.” It …
by stockboardasset Silicon Valley, the southern region of San Francisco Bay Area of California, is arguably the most expensive place in the United States to live. At the epicenter of all this, Palo Alto is a breeding ground for many unicorn …
via Wolf Richter Wolf Richter with Chris Martenson on Peak Prosperity’s Featured Voices, discussing the various aspects of the “Everything Bubble,” the “Bubble Mentality,” what it has wrought, and where it is headed. The “Everything Bubble” has a number of side …
Josh Sigurdson talks with author and economic analyst John Sneisen about the major bubble burst on its way to New York’s real estate market as U.S. home prices reach 1% off of their 2006 highs. We all know what happened …
maybe this is called a bubble pic.twitter.com/ztWsnAB3VQ — Alastair (@StockBoardAsset) April 10, 2018 A very high #earnings bar has been set for 2018@biancoresearch pic.twitter.com/gOx90ls32n — Liz Ann Sonders (@LizAnnSonders) April 9, 2018 pic.twitter.com/DdK7J208lk — Alastair (@StockBoardAsset) April 9, 2018 Auto …
Josh Sigurdson talks with author and economic analyst John Sneisen about the crashing Toronto real estate market as house prices drop harder than they have in 30 years. March sales in Toronto dropped 40% from last year, the lowest since …
Wolf Richter wolfstreet.com, www.amazon.com/author/wolfrichter Prices of detached houses plunge C$207,000 from a year ago as sales collapse. After having ballooned for 18 years with barely a dip during the Financial Crisis, Toronto’s housing market, Canada’s largest, and among the most …
The London property market is already in trouble. By Don Quijones, Spain, UK, & Mexico, editor at WOLF STREET. The British government has suddenly realized that the London property market is “becoming” a “destination of choice” for laundering the proceeds of overseas crime and …
“This plan, far from solving or alleviating the problem, is likely to make it a whole lot worse.” By Don Quijones, Spain, UK, & Mexico, editor at WOLF STREET. Spain’s second biggest bank, BBVA, just announced that it’s resurrecting the 100% mortgage, a high-risk …
https://twitter.com/PlanetPonzi/status/978985563717013504 COMPLEX SYSTEMS EXHIBIT SIMILAR DYNAMICS Before an earthquake, there are periods of calm, followed by minor tremors called foreshocks. Then the violence of the quake, and aftershocks. The #Financial / #StockMarket is no different. What we are seeing are …
CBS: March For Our Lives Crowd In D.C. Smaller Than Expected, Just A Quarter Of Organizers’ Estimates. “It’s hard to look at a fourfold overestimate and not see bad faith rather than misjudgment.” But that’s not unusual. Anti-gun groups have lots …
By Harry Dent The crypto ship is sailing in rough seas at the moment. My advice? Stay away for now. Preserve your capital for after the major crash, and then pick winners from the bones. The bitcoin and cryptocurrency trends seem to be following …
by stockboardasset The Bank for International Settlements (BIS) is warning of an upcoming banking crisis in numerous countries. But we’re all really in it together. Where goes one, goes all. From a risk management perspective it’s a disaster waiting to happen. This …
Dan Kurz interviewed by Sean on SGTreport Dan Kurz from DK Analytics joins me to discuss the record debt level of the US government and the nose bleed bubble valuations of stocks and bonds. Dan says, “We’re in the eye of this bubble …
by Jesse Colombo As a long-time anti-economic bubble activist (both in the mid-2000s bubble cycle and the post-2009 cycle), a very common charge that’s leveled against me is “you’ve been warning about bubbles for years, but the market keeps going up, …
Financial Survival Network, Released on 3/13/18 The Bank for International Settlements (BIS) is warning of an upcoming banking crisis in numerous countries. But we’re all really in it together. Where goes one, goes all. From a risk management perspective it’s …
by Lance Roberts Let me start out by saying I hate market comparisons. While history certainly does “rhyme,” they are never the same. This is especially the case when it comes to the financial markets. Chart patterns may align from time to …
By David Stockman Yesterday we noted that financial markets have become completely uncoupled from reality and that the recent feeble bounces between the 20-day and 50-day chart points were essentially the rigor mortis of a dead bull. As it happened, we were able …
