by FS The last time we spoke with Jason Goepfert at SentimenTrader.com in May of 2015, he explained that most sentiment measures were showing investors to be all in. This meant, he believed, that returns for the stock market were …
https://www.youtube.com/watch?v=NuFkpvN-_tI It was in February of 2016 when, looking at the latest trends in the Hong Kong housing market, we wrote that in January [2016] Hong Kong home prices tumbled the most since July 2013, and after a 12 year …
by Umar Farooq Friday, June 9 was a ruthless day for tech giants and therefore for everybody in the stock market. Yahoo writes, the so-called ‘big five’—Apple, Alphabet [Google’s mother company] Class A shares, Microsoft, Facebook and Amazon [FAAMGs]—lost more than …
Wolf Richter wolfstreet.com, www.amazon.com/author/wolfrichter The HK financial system is “very strong” and “can withstand an adjustment in the property market.” The Hong Kong dollar is pegged to the US dollar. Hong Kong’s monetary policy is follows the Fed’s monetary policy. …
by Jesse Felder We saw the “blowoff” top in bonds last summer (see this and this). This summer investors get to witness what the “blowoff” stage of a massive stock market bubble looks like. My friend, John Hussman, outlined the …
by John Rubino This cycle’s main bubble is in government bonds and fiat currencies, with a dash of large-cap tech thrown in for variety. But like a hurricane spawning tornadoes at its periphery, this Money Bubble is creating secondary …
Wolf Richter wolfstreet.com, www.amazon.com/author/wolfrichter Commercial Real Estate’s boom-and-bust cycle heads south. Commercial real estate’s eight-year boom reached such breath-taking levels that even the Fed has been pointing it out as one of the reasons for tightening monetary policy. The Fed …
Josh Sigurdson sits down with author and economic analyst John Sneisen to talk about the massive bubble burst creeping closer and closer in the auto industry following the biggest subprime auto lender Santander (being dubbed the New Century of auto …
By Michael Snyder How can a company that is going to generate $2,000,000,000 in negative free cash flow in 2017 be worth 70 billion dollars? Netflix has soared in popularity in recent years, but so have their financial losses. Just …
by John Rubino Housing is hot again, but lately it’s been overshadowed by flashier bubbles in government debt, tech stocks and possibly cryptocurrencies. Still, the warning signs are spreading. Today’s Wall Street Journal, for instance, reports that homeowners are back …
Wolf Richter wolfstreet.com, www.amazon.com/author/wolfrichter “It’s fear.” During the first two weeks in May, according to preliminary data from Toronto Real Estate Board, home listings surged 47% from the same period last year even as sales plunged 16%. The average selling …
Sources: https://goo.gl/UpprQe In This Episode: Want to buy a $1 Million home but you only make $30,000 per year? No problem. Canada’s housing market is right for you. All you need is a down payment of 1.5% to be living …
by Umar Farooq Vehicle ownership increased steadily during the 20th century to the point where, by 2001, there were more than 1.2 registered motor vehicles for every American who was licensed to drive. By then, it was reasonably safe to …
by Umar Farooq “Eight years of super-low interest rates in the US have succeeded in inflating home prices in many cities way past the peaks of the housing bubble that imploded during the Financial Crisis. A boom-crash-boom movement. But …
By Michael Snyder One sector of the economy that is acting as if we were already in the middle of a horrible recession is the auto industry. We just got sales figures for the month of April, and every single …
by John Rubino Last week I ran into a friend whom I’d been worrying about. He’s a real estate appraiser and his work had been drying up as interest rates rose and homeowners stopped refinancing their mortgages. But now he’s …
by Charles Hugh-Smith If you need some evidence that the echo-bubble in housing is global, take a look at this chart of Sweden’s housing bubble. A funny thing often occurs after a mania-fueled asset bubble pops: an echo-bubble inflates a …
by Robert Carbery Due to the federal government’s own reckless housing policies in the run-up to the financial breakdown in 2008, the world economy came crashing down. The seeds of the crisis were planted during Bill Clinton’s administration when …
Wolf Richter wolfstreet.com, www.amazon.com/author/wolfrichter “People need to ask themselves very carefully, ‘Why am I buying this house?”’: Stephen Poloz, Bank of Canada. The government of the Province of Ontario announced a laundry list of measures to prick the crazy house …
by Umar Farooq Source: http://www.valuewalk.com/2017/02/chart-signals-china-housing-bubble-may-burst-soon/ China commodity markets are competing against an ever-expanding crop of the wealthy whose demand for real estate as an investment seems to know no bounds. China’s housing market is worth looking. It consumes nearly half …
by Umar Farooq For many of today’s college students and recent graduates, obtaining a degree means taking on mortgage-like levels of debt. College tuition costs are soaring and forcing U.S. younger generation to bear obscenely high levels of student …
by Umar Farooq For homeowners the great, big, unanswered question is whether or not the Canadian real estate market will finally crash in 2017. Turns out, all reports and analysis lean towards a flattening out of property prices in …
by GoldCore – Art Market Bubble Bursting? – Russian Billionaire Takes 74% Loss On “Investment” – $85 Million Gauguin Bought By Dmitry Rybolovlev in 2008 – Christie’s auctioned the work at its evening sale in London – Global art sales plummet, …
by Victor Mozambigue A year ago, housing was the safest investment in Vancouver. The investment outlook was positive. People were ready to shell out money in the sector too. However, 12 months down the line, the housing bubble of Vancouver …
by Chris Hamilton Analysts and talking heads have an awful lot of opinions. Are we in a bubble or aren’t we. Rather than offer another opinion, I’ll offer the relationship of US economic activity (GDP) against the Wilshire 5000 (representing US equities) and the Federal …
by Umar Farooq China, which still is the biggest contributor to global growth, has been looking shaky for a couple of years now. Growth is down from insanely fast to moderately fast. The stock market rose and crashed. Liquidity problems have …