Major housing bubble alert: Some mortgage originators in Seattle now agree to consider Amazon employees’ potential future earnings from restricted stock units as income for the purposes of qualifying for home loans.

via seattletimes: As if highly paid Amazon employees needed another helping hand, some lenders are making it easier for the company’s new tech hires to qualify for home loans. Some mortgage … Read more

9 major economies are in recession or on the verge of it; 18 economies now have 30-year yields inverted vs. the Fed Funds rate.

via Heather Long Can the US stay solid with so much trouble around the globe? It’s a key q… Germany UK Italy Mexico Brazil Argentina Singapore South Korea Russia … Read more