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Wolf Richter wolfstreet.com, www.amazon.com/author/wolfrichter Seattle house prices fall year-over-year. New York condos drop to Aug 2017 level. San Francisco Bay Area near-flat. Los Angeles, Denver, Boston reach new highs. Las Vegas, … Read more
Wolf Richter wolfstreet.com, www.amazon.com/author/wolfrichter Vancouver sags. Calgary, Edmonton down from year ago. Toronto rises but below 2017 peak. Montreal, Ottawa hit new highs. July is seasonally a strong month in … Read more
Recession Fears Spike To 2011 High As Risk Of Bubbles Spreads Recession fears are spreading among investors at a time when valuations across major assets are looking dangerously stretched following … Read more
by kit8642 Since Trump has come to power, most people have been sucked into a vacuum of political Chaos that is centered around Trump. Essentially, both sides of the partisan … Read more
Submitted by Eric Peters, CIO of One River Asset Management Vomit He started his career in 1989, with Fed Funds at 9.75%. The Fed slashed rates to 8.25% in Dec … Read more
Wolf Richter wolfstreet.com, www.amazon.com/author/wolfrichter Chicago struggles, Dallas-Fort Worth, Atlanta, Minneapolis, Charlotte reach new highs. Drum-roll for Detroit and Cleveland! This is the other side: Not every metro in the US … Read more
Wolf Richter wolfstreet.com, www.amazon.com/author/wolfrichter Seattle House prices fall year-over-year, as do New York & San Francisco Bay Area condo prices. Los Angeles, San Diego tick up. Denver, Boston hit new highs. … Read more
UBS CEO Warns of ‘Dangerous’ Bubbles Spurred by Central Banks (Bloomberg) — UBS Group AG’s chief executive officer is sounding the alarm on fresh monetary easing just as European policy … Read more
Wolf Richter wolfstreet.com, www.amazon.com/author/wolfrichter Oh dear, Vancouver, Calgary, Edmonton, and Winnipeg. But there are some warm-spots too. June is generally a strong month for house prices in Canada, according to … Read more
via WSJ: “Football great Joe Montana is giving up his castle—a roughly 500-acre European-style estate in California wine country—for $28.9 million, or 41% less than he first sought a … Read more
China’s credit & housing bubbles TOO BIG TO FAIL, and therefore WILL NOT FAIL. Will be artificially supported by CNY printing & lending without limits. The outcome? An eventual massive … Read more
Wolf Richter wolfstreet.com, www.amazon.com/author/wolfrichter New York, San Francisco condo prices fall year-over-year. Seattle house prices flat year-over-year. After earlier declines, Denver, Boston hit new highs. Miami, Phoenix, Las Vegas try … Read more
Wolf Richter wolfstreet.com, www.amazon.com/author/wolfrichter Vancouver housing bubble sags. Toronto down 3.4% from peak. Calgary and Edmonton back to 2007. Montreal sets new record. National index ticks up the least for … Read more
by Charles Hugh-Smith All asset “wealth” in credit-asset bubble dependent economies is contingent and ephemeral. A funny thing happens to “wealth” in a bubble economy: it only remains “wealth” if the … Read more
by David Haggith These are not the tiny champagne bubbles Don Ho used to sing about, but those greenish-gray floats of foam that pile up against harbor docks where the … Read more
