by: Stefan Gleason Investors have recently been piling into cash. According to a report by BofA Global Research, cash funds last week saw their largest inflows since the pandemic panic of early 2020. Back then, cash instruments offered little to no …
by BoatSurfer600 Source: https://wolfstreet.com/2023/01/19/residential-construction-splits-multifamily-starts-in-2022-jumped-to-highest-since-1980s-boom-single-family-starts-dropped/ US Existing Home Sales decrease -1.47% M/M — largest ever annual drop
Central banks have dialed up their resolve to combat inflation in recent weeks. In response, markets have become so unmoored a major financial and economic crisis can’t be ruled out. That means global monetary policy hawkishness may have hit its …
by Boo_Randy Per the NY Fed, U.S. household debt hit a record $16 trillion as soaring inflation outstripped wages, causing consumers to sink deeper into debt. This is not going to end well. Heckova job, “Zimbabwe Ben” Bernanke, Yellen the …
via Lawrence McDonald on the Bear Trap Report: The Fed is promising $1T of quantitative tightening over the next 12 months? Who are they kidding?! Leverage finance markets are near frozen. Only two junk bonds have priced in May in the …
#recession … #GFC2 US #Housing #Bubble 2.0 edition The similarities to 2008 keep piling up https://t.co/PnaFolhRrJ pic.twitter.com/xSL36GWKhy — Invariant Perspective (@InvariantPersp1) November 28, 2021 #recession … #GFC2 US edition https://t.co/rZGRNSjDtJ — Invariant Perspective (@InvariantPersp1) November 29, 2021 #recession pic.twitter.com/TVPQX1enNT — …
A sign of things to come on the retail sector/CLO front. https://t.co/LdiAXsb2fG — Financelot (@FinanceLancelot) November 25, 2021 #recession … #GFC2 US #Corporate #Earnings edition The similarities to 2008 keep piling up https://t.co/838EiQpI2k — Invariant Perspective (@InvariantPersp1) November 25, 2021 …
Wolf Richter wolfstreet.com, www.amazon.com/author/wolfrichter The government already owes over $22 trillion, and it’s adding over $1 trillion a year. Who is buying it, and why? (12 min). You can also listen to it on YouTube and subscribe to my YouTube channel.
By Nick Cunningham Oil prices jumped to five-month highs this week, pushed higher by a bullish cocktail of supply outages, geopolitical unrest and a sputtering shale sector. The most recent factor is the sudden eruption of the long simmering feud …
By Gary Shilling PhD, FS Recently, others are joining us in forecasting a recession, or at least entertaining a growing probability of one. Of those, few also believe it will commence this year while we continue to rate a business …
Wolf Richter wolfstreet.com, www.amazon.com/author/wolfrichter But deposit-taking banks have pulled back. Lovingly known as “shadow banks,” nonbanks have come to dominate the mortgage market. And they originate the riskiest mortgages. The government — mostly the Federal Housing Administration (FHA) — is …
Wolf Richter wolfstreet.com, www.amazon.com/author/wolfrichter Nvidia again cut its revenue guidance for the fourth quarter of its fiscal year 2019, which runs through January, this time by 18.5% from its previously cut guidance, down to $2.2 billion. Last time it had …
With 18.7m followers and a roster of fans that includes the Kardashians and Naomi Campbell, the Instagram page of beauty company Anastasia Beverly Hills offers crafty demonstrations of how to use its products to get the perfect eyebrows and lips. In one …
Don't be delusional, the entire world is rolling over pic.twitter.com/llWGbGgcIW — Alastair (@StockBoardAsset) January 5, 2019 All is discounted? Look at global earnings estimates pic.twitter.com/7iFZ9Tiu9p — Daniel Lacalle (@dlacalle_IA) January 5, 2019 smart money is piling into money markets pic.twitter.com/eBbwE0xCHB …
via Bloomberg: What began guardedly, as traditional lenders retreated post-Lehman, has exploded into a financial-industrial complex rapidly approaching $1 trillion, with money streaming in from pension funds, insurers and hedge funds. It’s part of a decade-long borrowing spree that has …
Wolf Richter wolfstreet.com, www.amazon.com/author/wolfrichter For nine years, US stocks, foreign stocks, government bonds, corporate investment-grade bonds, junk bonds, leveraged loans, emerging market bonds, art, classic cars, residential real estate, commercial real estate, startup valuations…. they all surged. Then came 2018. Which …
via CNBC: For example, 27 percent of people in Florence, South Carolina, who bought their car with a so-called subprime score — defined as a VantageScore between 300 and 600— are delinquent. Yet just 3 percent of residents with …
by Simon Black We have been talking about the pension crisis for years now. It’s without a doubt one of the biggest, financial disasters. These pools of capital, responsible for paying out retirement benefits, are terribly underfunded. So anyone depending on …
Bloomberg: Grim Stock Signals Piling Up as Wall Street Mulls Recession Odds Nine turbulent weeks and a correction in U.S. stocks have left analysts with a thorny question. What’s the market saying about the economy? And while few see incontrovertible …
Do you think that Canada’s real estate is too expensive? Or should we just take off to our igloo’s, eh?
by Dave Kranzler of Investment Research Dynamics I remember vividly the scene in The Big Short when a housing broker was driving the “Steve Eisman” group around California’s “Inland Empire.” Home prices were dropping and the vista was littered with “for sale” signs. …
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 buyers It’s not just luxury-home listings that are piling up …
At the New York Times, younger staffers are complaining of “microaggressions” and petitioning the paper to implement “implicit bias training” programs. Editors, in response, have taken to holding “office hours,” looking to quell upset (reportedly shared among the younger generation) over ideologically divergent opinion …
