Wolf Richter wolfstreet.com, www.amazon.com/author/wolfrichter What, first down-tick in Seattle? The S&P CoreLogic Case-Shiller National Home Price Index for September, released today, jumped 6.2% year-over-year (not-seasonally-adjusted). By comparison, consumers’ nominal disposable income (not adjusted for inflation) rose only 2.9%. When population growth is factored …
Josh Sigurdson talks with author and economic analyst John Sneisen who was also born and raised in Norway regarding the bubbles we see expanding in the stock market, housing markets and currency in Norway at an unsustainable rate. Looking back …
How long can the U.S. economy be propped up with ever expanding debt? Money manager Peter Schiff says, “How high can the debt go? I don’t know and you don’t know. . . .How many straws can you put on …
Josh Sigurdson talks with author and economic analyst John Sneisen about the massively overheated housing bubbles throughout the United States. From Las Vegas to Washington, DC, the markets are becoming incredibly overheated and we can thank central banks, banks and …
Can capitalism continue without consumption of goods and services? The rate at which money exchanges hands is collapsing https://fred.stlouisfed.org/series/M2V SPY/VIX Ratio pushing extremes pic.twitter.com/tdr7jrYPW5 — Alastair (@StockBoardAsset) October 31, 2017 rent ate up more disposable income than at any …
by John Rubino The late stages of financial bubbles are always tough for rational analysts. Focused as they are on the numbers, such analysts are relatively immune to the emotion that drives the action at market extremes, so they find …
I think corporate debt is one of the main bubbles in this cycle, worldwide. Just to support that look at this amazing chart of corporate leverage. https://assets.bwbx.io/images/users/iqjWHBFdfxIU/ibAhOFLu2q_Y/v2/1000x-1.png As John Hussman tweeted “… and remember, the 2009 debt/EBITDA peak reflected weak …
https://twitter.com/NorthmanTrader/status/893445565459116032 ‘The bull market could continue forever’ — strategist Jim Paulsen outlines conditions Markets ‘got a good gig going’ until inflation rears its head: Jim Paulsen from CNBC. https://www.cnbc.com/2017/08/04/the-bull-market-could-continue-to-forever–strategist-jim-paulsen-outlines-conditions.html Civilian Unemployment Rate Grey areas = recession pic.twitter.com/0rLszvMweK — Sven …
Treasury Yields Tumble to Lowest Since June as Stocks Sink As bond yields began to tumble, so stocks rolled over and VIX jerked above 10… 10Y Yields have retraced exactly 50% of the post-hawkish-Draghi swing higher… [4] Notably UST bonds …
by Chris Not sure if you’ve heard of Home Capital Group, a fairly large mortgage lender up here in Canada. They’ve recently had a run on deposits and required emergency funding in order to stay a going concern. Would be …
Wolf Richter wolfstreet.com, www.amazon.com/author/wolfrichter The San Francisco Bay Area has seen an astounding jobs boom since the Great Recession. The tsunami of global liquidity that washed over it after the Great Recession, central-bank QE and zero-interest-rate policies that sent investors …
What would it look like if the central banks and the elite lost control of the markets and interest rates and the derivative market? Money Manager Michael Pento contends, “I think you have to stop saying ‘if.’ I think ‘if’ …
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 David Haggith As we enter 2017, housing bubbles are showing signs of bursting all over the world. I know I’ve been promising I would lay out the economic headwinds for 2017, but 2017’s headwinds are building so fast and furious that I’m having to break …
Wolf Richter wolfstreet.com, www.amazon.com/author/wolfrichter To delay falling into a fiscal and financial sinkhole. “Let’s drop the pretense. The Toronto housing market and the many cities surrounding it are in a housing bubble,” Bank of Montreal (BMO) Chief Economist Doug Porter …
by Victor Mozambigue Bubbles in any economy are signals of eventual doom. Bubble signals from optimism have far bigger consequences. America is trapped inside a similar bubble of optimism right now. In fact, America has not seen such extremes …