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 an economy on IV infusions of debt just to maintain …
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. Some of the markets in this select group of the …
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 and faithless generation demands a sign. But no sign will …
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 manipulating interest rates and by generating money out-of-thin-air, the Fed …
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 NY City suddenly jump. Single-family house prices in the US, …
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 Dow 1921-1929: 5x v @BearTrapsReport — Lawrence McDonald (@Convertbond) November …
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 is the top stock picker? … Peter Schiff: Investors are …
Credit bubbles caused by the central banks always burst….https://t.co/qgd75cqR2R — Dave Collum (@DavidBCollum) November 18, 2018 The good times are coming to an end in the corporate debt market, and this week’s turmoil in General Electric Co. credit is a sign that …
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 surface, it still looks strong. Single-family house prices in the …
https://www.youtube.com/watch?v=1de0toVAvv8 AUSSIE HOUSING BUBBLE IS KING!
by Raúl Ilargi Meijer M. C. Escher Meeting (Encounter) 1940 It’s no surprise that China has its own plunge protection team -but why were they so late?-, nor that Beijing blames its problems on Trump’s tariffs. GDP growth was disappointing at 6.5%, …
by John Rubino Towards the end of economic expansions, interest rates usually start to rise as strong loan demand bumps up against central bank tightening. At first the effect on the broader economy is minimal, so consumers, companies and governments …
via visualcapitalist: Note: Cities with a “Bubble Risk” (>1.5) are shown in red With the current stock market bull run reaching nearly 10 years in length, it’s understandable that many investors are nervous about the end of the party coming sooner …
by GoldCore Brexit To Burst Dublin and London Property Bubbles? – London, Dublin, Sydney, Vancouver and Hong Kong housing prices fall … – Property bubbles in many cities internationally according to ‘Economist’, UBS & others – UBS found that six …
by Charles Hugh-Smith We’re living in a fantasy, folks. Bubbles pop, period. The nice thing about the “wealth” generated by bubbles is it’s so easy: no need to earn wealth the hard way, by scrimping and saving capital and investing it …
by FS We’ve seen several flash crashes and bursting bubbles this year, accompanied by frothy activity popping up in various sectors and asset classes. This time on the Big Picture, we look at what’s fueling these bubbles and subsequent flash crashes, …
Wolf Richter wolfstreet.com, www.amazon.com/author/wolfrichter Every housing bubble requires the connivance of the banks and regulators. Australia is no exception. Sydney’s housing bubble, one of the most magnificent in the world, is deflating further. So far this year, home sales volume …
https://www.bloomberg.com/news/articles/2018-09-27/chicago-stands-alone-as-undervalued-housing-market-ubs-says https://twitter.com/ZSchneeweiss/status/1045257289878458369
Wolf Richter wolfstreet.com, www.amazon.com/author/wolfrichter Seattle’s historic spike falters. New York condo prices back where they were last Sept. House-price bubbles in other metros get even more splendid. Home prices in the US surged 6.0% in July compared to a year ago …
Do you think it’s possible to reverse the financial madness? Every single bubble will pop. Sometimes it takes years or even decades. But with complete certainty, we can be rest assured that all bubbles will eventually meet their end. What …
https://www.youtube.com/watch?v=Di-KXedpfPU Yes, multi-generational living just like has gone on forever in 3rd world countries. The true booming America that once existed is gone. Much of our country has been and is being sold out from under us. Buildings, roads; on …
via mises.org: In his speech on April 7 2010 at the Economic Club of New York the President of the New York Fed, William Dudley argued that asset bubbles pose a serious threat to real economic activity. The New York Fed …
This is a ‘Blow-off topping phase’ in one of the many central grotesque asset bubbles inflated by our reckless central banks. Can Apple go higher? $300Billion in Ponzi share buybacks? What could possibly go wrong? Party like it’s 1929! https://t.co/9Pejwlkrws …
by Jesse “Central banks and institutions like the IMF and the World Bank are overstepping the boundaries of their mandates by using the flow of money to control global markets and dictate economic policy both at the domestic and global …
Wolf Richter wolfstreet.com, www.amazon.com/author/wolfrichter New York condo prices fell again. Historic spikes slow in Seattle and other metros. On a national basis, home prices surged 6.2% in June compared to June last year (not seasonally-adjusted), and 0.8% from May, according to …
WSJ OpEd vs. actual chart of actual bubbles. Bubbles and excessive debt causes 2 / 2 of last two recessions 🤨(and most major crashes in world history). The 1st two bubbles depicted on these two WSJ and Silicon Valley Bank …
Via Business Insider In late 2017, the investing legend Jeremy Grantham was officially on bubble watch. He said as much in a quarterly letter he coauthored for his firm, Grantham, Mayo, & van Otterloo (GMO), back in December. It wasn’t an extremely pressing concern …
BY SRSROCCO In just the past few years, global asset values have risen to the biggest bubbles in history. Unfortunately, this doesn’t seem to be a concern to the market because most people believe they are getting richer. However, rapidly rising …
via @MI_Investments: How many economists does it take to identify 3 massive bubbles shown on a chart that goes back to the 1800’s published on the cover page of the WSJ? Are we in a bubble today? What caused the last …
Wolf Richter with Jim Goddard on This Week in Money: The underlying dynamics are similar, but the approach is different. Home prices experience a historic spike in Seattle, and sharp increases in other metros, but prices of condos in New York …