Spreading the truth. Empowering the people.
by Charles Hugh-Smith The economy is far more precarious than the surface boom/bubble suggests. A great many households, enterprises and municipalities are in overloaded boats whose gunwales are just a few … Read more
by Martin Armstrong QUESTION: I work in the construction industry in Phoenix Arizona and there has been a boom in new construction for apartments, condos massive housing tracts and all of … Read more
Wolf Richter wolfstreet.com, www.amazon.com/author/wolfrichter Seattle prices drop 5.1% in five months, most since Housing Bust 1; San Francisco Bay Area, Los Angeles, San Diego, Denver, Portland all decline. This is … Read more
by Jesse Colombo The global elite are meeting in Davos, Switzerland this week and are richer than ever. Bloomberg reports – A decade after the financial crisis poured flat champagne on the … Read more
The Fed FOMC meetings are behind closed doors. But after 5 years, the meeting minutes become public. We can get a glimpse of what is said behind the curtain and … Read more
via @MI_Investments: Q/T stopped forcing C/B’s to explain $20T bal sheets not temporary. US deficits $1T–>$2T. Debt crises erupt + spread globally. #DebtMatters #Vol #TradersMkt Strong economy, Jay Powell? Or … Read more
Wolf Richter wolfstreet.com, www.amazon.com/author/wolfrichter Seattle house prices drop 4.4% in four months, biggest drop since Housing Bust 1; Prices deflate in San Francisco Bay Area, San Diego, Denver, and Portland. … Read more
by Jesse “I tremble for my country when I reflect that God is just: that his justice cannot sleep for ever.” Thomas Jefferson, Notes On the State of Virginia “An evil … Read more
by Ron Paul of Ron Paul Liberty Report The economic roller-coaster of booms and busts, that we’re all forced to ride, is a creation of the Socialistic institution called The Federal Reserve. By … Read more
Wolf Richter wolfstreet.com, www.amazon.com/author/wolfrichter Seattle home prices drop at fastest pace since Housing Bust 1. Feeble declines in San Francisco, Denver, Portland, etc. Flat prices in others. Condo prices in … Read more
Famous Asset Bubbles within 9 Yrs of Peak Bitcoin 2011-2017: 66xTulip Mania 1617-1622: 53xNasdaq 1991-1999: 13xOil 2001-2008: 7xSilver 2004-2013: 6xMiami Condo Mkt 1998-2007: 6xNikkei 1982-1990: 5xNasdaq 100: 2009-2017 5xUS Stocks … Read more
by John Rubino Dan Oliver: We learned nothing from the 2008 crisis … Michael Alkin: The US auto industry is about to implode … Rick Rule vs Marin Katusa: Who … Read more
Credit bubbles caused by the central banks always burst….t.co/qgd75cqR2R — Dave Collum (@DavidBCollum) November 18, 2018 The good times are coming to an end in the corporate debt market, and … Read more
by Jesse Colombo As someone who has been warning heavily about dangerous bubbles in U.S. corporate bonds and stocks, people often ask me how and when I foresee these bubbles bursting. Here’s what I wrote a … Read more
Wolf Richter wolfstreet.com, www.amazon.com/author/wolfrichter Seattle prices fall sharply. New York condo prices nearly flat for the year. First feeble declines in San Francisco, Dallas, Denver, etc. Something is afoot. On the … Read more
