The evidence continues to pile up. Investors have been selling US equities. This is going at a record pace. They’re selling US debt. Economic indicators are pointing to a slowdown
WoW 😮China basically threw about 9% of GDP of total social financing at the economy in Q1 2019 😮 TSF rose 1690 in March after a massive Jan+Feb = ~9%
Wolf Richter wolfstreet.com, www.amazon.com/author/wolfrichter In some cities, you get what is considered a walk-in closet of a McMansion. It’s not totally fair to compare rents in Tulsa with rents in
Wolf Richter wolfstreet.com, www.amazon.com/author/wolfrichter How the Brick & Mortar Meltdown works for Commercial Mortgage-Backed Securities after America’s largest mall landlord defaults on a mortgage and walks away from the mall.
via upfina: The MBA mortgage applications index in the week of March 29th was very strong mostly because of the growth in refinancing due to the drop in interest rates. The composite
ALLEN, Texas — It was a massive raid in an All-American town. A tip led to the biggest ICE raid in a decade, and it happened here in North Texas.
Largest monthly inflow to S&P 500 growth ETF ever! Previous inflow extremes also preceded significant market selloffs. Record bullishness at near record valuations can never a good sign. Credits to
The Dragon in the Game Room. By Adam H. Williams, Senior Associate at E911-LBS, LBSglobe.com, for WOLF STREET: The opening of mainland China’s video game market to the world, combined with the rapid
By Cyril Widdershoven The long awaited Saudi Aramco acquisition of Saudi Basic Industries Corporation (SABIC) is finally here. With a statement to the press, Aramco CEO Amin Nasser reported that
recession comes when Fed cuts pic.twitter.com/8AqgEFX2pZ — Alastair Williamson (@StockBoardAsset) March 27, 2019 Ok if my earlier tweet on $HYG didn’t WAKE YOU UP… “Almost 117k contracts net short by
By Irina Slav Sinopec reported a 76-percent drop in its latest quarterly profit for October-December 2018, which is the lowest since at least the third quarter of 2016, Reuters reports, citing
LOS ANGELES (KABC) — Problems at refineries have caused gas prices to rise over 4 cents a gallon in Los Angeles County, the largest daily price hike in three years.
by axolotl_peyotl Similar revelations about other banks and offshore tax-evasion schemes — such as those contained in the Panama Papers — led to global protests and even the resignations of
A large storm system is finally making its way to New York City, and forecasters are telling folks here to expect 6-9″of snow in northern New Jersey and NYC. If
Is there anything happening in the global economy that we should be concerned of? Or just a couple bumps in the road? Things aren’t looking good in the shipping industry.
