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Wolf Richter wolfstreet.com, www.amazon.com/author/wolfrichter “For developers and agents in most parts of the country who rely on foreign buyers, there is really no alternative to buyers from China”: CEO of … Read more
Wolf Richter wolfstreet.com, www.amazon.com/author/wolfrichter Most other regions in the UK cling to price gains. Home prices in Greater London – all types of homes combined – dropped 4.4% in May … Read more
by Jim Quinn EVERY time we’ve reached this level in history, a recession followed shortly thereafter. We have already experienced the longest economic expansion in history. We will enter this … Read more
Wolf Richter wolfstreet.com, www.amazon.com/author/wolfrichter Now there is this phenomenon: Orders for Class 8 trucks – the heavy trucks that move a big part of the goods across the US – have collapsed by … Read more
Federal officials raised the alert level Tuesday for the world’s largest active volcano, Hawaii’s Mauna Loa, which last erupted in 1984. The U.S. Geological Survey changed the level from … Read more
Wolf Richter wolfstreet.com, www.amazon.com/author/wolfrichter More cars and trucks on the road in the US than ever. But usage drops. Saturation everywhere. On the surface, we see this: Total miles driven … Read more
via @TaviCosta: You think the Fed is turning dovish? The PBOC has taken it to a whole new level. At the current policy rate differential, USDCNY should be well above 7 … Read more
World’s 76 Best Tide Gauges Show ‘Negligible’ Acceleration Of Sea Level Rise sea ocean coast cloudsA new scientific paper affirms “all the long-term-trend (LTT) tide gauges of the world consistently … Read more
Wolf Richter wolfstreet.com, www.amazon.com/author/wolfrichter The benefit of NIRP: There’s hell to pay – even the ECB admits it. European bank shares – which have been getting crushed and re-crushed for … Read more
Do you believe that the price of gold will go higher if there is additional turmoil? Tariffs, global slowdown, yield curve, etc. Is gold really a barbarous relic? Or is … Read more
Wolf Richter wolfstreet.com, www.amazon.com/author/wolfrichter Neiman Marcus newest disclosures – and what the crazy-hot IPO market has to do with it. Private-equity owned Neiman Marcus disclosed two things on Tuesday: Awful … Read more
by visualcapitalist Months ago, we showed you a set of data visualizations that highlighted how people make and spend their money based on income groups. Today’s post follows a similar theme, and … Read more
by Selco After many years of teaching survival courses, I never know what kind of students I might get on course. But just like most of the people around, I … Read more
by Michael Snyder If the U.S. economy was heading into a recession, we would expect to see a slowdown in the employment numbers, and that is precisely what is happening. … Read more
Lynette Zang interviewed on Reluctant Preppers Have you been told that the International Monetary Fund (IMF,) which is comprised of 189 of the world’s 196 nations, recently released their Global Financial Stability … Read more
