Wolf Richter wolfstreet.com, www.amazon.com/author/wolfrichter A six-quarter surge, with first signs that some of it has started to unwind. The inventory pileup I have been discussing for a while played a big role
#China Car Sales v Dealer Inventory 😳 (SocGen) pic.twitter.com/zoXVQZ7P8O — 𝕮𝖍𝖎 🛢️ (@chigrl) April 7, 2019 pic.twitter.com/Ob1bQSB6r7 — Alastair Williamson (@StockBoardAsset) April 7, 2019
Wolf Richter wolfstreet.com, www.amazon.com/author/wolfrichter And how it compares to what happened during the Financial Crisis. The goods-based segment of the economy is heading for rough waters, and it is further
Wolf Richter wolfstreet.com, www.amazon.com/author/wolfrichter “In 30 years, I’ve never seen anything like this”: CEO of warehouse operator Pacific Mountain Logistics. Sales at merchant wholesalers (except manufacturers’ sales branches and offices) fell
via Zerohedge: After NAHB’s optimism rebounded sharply earlier this week, all eyes are on this morning’s existing home sales data for any signs of optimism. Alas, with consensus expecting a
US crude #oil inventory report was quite bearish, with biggest weekly stockpile increase since early 2017@EIAgov @Investingcom @SoberLook pic.twitter.com/T8TShDeJSs — Liz Ann Sonders (@LizAnnSonders) November 17, 2018 Home builders dropping
via UPFINA It seems like almost every new data point on housing shows weakness. That’s because even though millennials are entering their prime age for home buying, starter homes have
via zerohedge: This is how housing markets turn. Slowly, then all at once. Seven years of Seattle home prices outpacing wage growth because of low rates; bidding wars replaced by sales
Do you think that Canada’s real estate is too expensive? Or should we just take off to our igloo’s, eh?
via confoundedinterest: Since 2007, the inventory of existing homes sales has generally declined while median prices have skyrocketed. And home price growth has been exceeding wage (earnings) growth by around 2x-3x.
Even the cheapest homes are waiting for buyers Units for less than $1 million — within reach of far more people than a Billionaires’ Row penthouse — are hurting for
by J. D. Martinez D., The Organic Prepper Something has been happening in Venezuela these last few days: the seizing of cattle, food, and staples from the production sites, by
by WARREN MOSLER Still elevated: Didn’t take him long to sell out: Federal tax refunds have caught up which may have slowed spending in Feb:
by DCG From Daily Mail: Whole Foods has implemented a strict new inventory management system that includes bi-weekly walk-throughs and random quizzing of employees, and has left many workers feeling stressed out and
by Anthony B Sanders December existing home sales, according to the National Association of Realtors, fell -3.6% from the previous month. This was worse than the expected -1.9% decline. But
by Umar Farooq Almost a decade after the peak of the American real estate bubble, there’s no shortage of fear that we will repeat the whole nightmare again. Housing