Dip buyers, beware of sensational headlines!
by Michael Markowski Many investors are salivating to trade the dips in a stock market which is becoming increasingly more volatile. It’s because Wall Street for the week ended March … Read more
buyers
Central Banks Were Net Gold Buyers for a Tenth Consecutive Year
15 central banks made net purchases of a tonne or more, highlighting continued breadth of demand Central banks added 650.3t to global official gold reserves in 2019, 1% lower y-o-y … Read more
Negotiating Costs for First Time Home Buyers
Every first-time home buyer hopes to get a house at the best price and terms. To achieve that, you need to know the areas to negotiate to get the best … Read more
Asian Gas Glut Forces Key Buyers To Cancel Orders
By Tsvetana Paraskova A Singaporean buyer of a U.S. cargo of liquefied natural gas (LNG) has canceled the loading, the company told Reuters on Tuesday, as both Asia and Europe are facing … Read more
South Carolina dealership will give car buyers an American flag, a Bible, and an AR-15
A car dealership in Honea Path, South Carolina, is offering everyone who buys an automobile an American flag, a Bible, and a voucher for a Smith & Wesson AR-15 rifle. The dealership’s … Read more
Saudis To Oil Buyers: Protect Your Oil Tankers In Strait Of Hormuz
By Tsvetana Paraskova Khalid al-Falih, the energy minister of the world’s largest crude oil exporter and OPEC’s biggest producer, Saudi Arabia, urged on Thursday countries buying crude oil to secure the free … Read more
Housing starts, Architecture index, Foreign home buyers
by WARREN MOSLER Rolled over and on the decline and from highs that were at historically depressed levels: Now in contraction: From the AIA: Design services demand stalled in June, Project inquiry … Read more
DB and Central Banks: Buyers of Last Resort
by Sparky1 It is my understanding that Deutsche Bank (DB) is too important a globally interconnected bank that poses such an acute systemic risk that TPTB will not let it … Read more
Austria Sell 100-Year Bonds – But Who Are the Buyers?
by Martin Armstrong Austria was able to sell its second 100-year bond in history at just a yield of just over 1.00%. Some argue that capital has been forced to … Read more
Vancouver to Investigate Real Estate Buyers for Money Laundering
by Martin Armstrong Premier John Horgan of BC in Canada was joined by Finance Minister Carole James and Attorney General David Eby at a press conference in Victoria, BC, where … Read more
Venezuela Struggles To Find Buyers For Its Oil After U.S. Sanctions
By Tsvetana Paraskova Following the U.S. sanctions, Venezuela’s oil inventories have swelled to a five-year high, The Wall Street Journal reported on Thursday, citing satellite data—a sign that Venezuelan oil buyers are fleeing … Read more
Lloyds Bank Resurrects 0%-Down Adjustable-Rate Mortgages for First-Time Buyers to Prop Up UK’s Housing Market
Desperate measures for desperate times? By Don Quijones, Spain, UK, & Mexico, editor at WOLF STREET. As house prices in the UK continue to slip-slide downwards, compounding fears that the multi-year housing … Read more
30 year mortgage vs 15 year mortgage for young first time home buyers?
by klsklsk The best advice is to run the numbers and look at mortgage amortization calculator/tables. The difference in interest rate is really what will tip this one way or the … Read more
Dip Buyers Beware, the S&P 500 Bottoming Process Can Take Time
via Bloomberg: Convinced the stock rout is over? It has occasionally felt like it, on days like Friday, when the Dow Jones Industrial Average soared almost 750 points. Isolated examples … Read more
Weekly Mortgage Applications Down 5.8% as Buyers Display New Hesitation
via CNBC: Even with mortgage rates at the lowest level in three months, homebuyers are pulling away from the housing market. Mortgage application volume fell 5.8 percent last week from … Read more
Hong Kong tops global list for super-rich home buyers… Cities where $25M homes are standard
Super expensive Hong Kong tops the global list for super-rich home buyers The world’s super-rich collectively spent $6.6 billion in a recent 12-month period on homes worth $25 million or more, … Read more