by Shaun Richards Yesterday the Governor of the Bank of England attended the UK Cabinet meeting to update them on what the Bank thinks about the potential post Brexit economic situation. Typically the main area focused on has been house …
https://twitter.com/OccupyWisdom/status/1039911899654221824 This absurdity in credit markets shows what the top of the business cycle looks like: Corporate debt at extreme levels, Fed in tightening mode, but credit spreads near record lows. This is perhaps the greatest highlight from Jeff Gundlach’s …
by xxKorbenDallasxx Seems weird that all I’m reading is about how prices continue go higher but that’s not what the feds data says Will this be the beginning of the new pop of the housing bubble? 2008 part II? https://twitter.com/anilvohra69/status/1040038340752498688 #Seattle …
by Simon Black One of our major themes this year has been avoiding big mistakes… Mostly, we’ve been talking about avoiding assets that are irrationally expensive (like most stocks and real estate today). And we’ve been discussing ways to raise cash …
With natural diamonds not so hot, De Beers is venturing into man-made diamonds with a price war. By Mining.com via Safehaven.com: Anglo American’s De Beers, the world’s No.1 diamond miner by value, has just had the lowest sales for its seventh …
by Michael Snyder Thanks to increasing demand and upcoming U.S. sanctions against Iran, oil prices have been rising and some analysts are forecasting that they will surge even higher in the months ahead. Unfortunately, that would be very bad news …
by WARREN MOSLER Flattened out at modest levels of growth with no sign that the tax cuts have led to an acceleration: Pending home sales fall for seventh straight month in July Signed contracts to buy existing homes fell 0.7 …
More dismal numbers for countries reporting grain yields and upward prices for all foods you consume. UK says get ready for immediate 5% increase but these losses and high prices wont be fully felt for 18 months, that’s a timeline …
via Moe Zulfiqar, B.Comm. The case for lower oil prices continues to get stronger. If you hold oil-related investments, this might be the time to rethink your stance. There is basic economics at play in the oil market that foretells lower …
massive gap between stock market & real estate prices — the last time this occured it was Dot Com Bust pic.twitter.com/q9fpLQp6qa — Alastair (@StockBoardAsset) August 22, 2018 $TSLA debt structure is horrendous — Snap! Crackle! Pop! = Bankrupt pic.twitter.com/PRq8JZtQRS — …
via marketwatch: California as a whole has rallied the most from the housing crisis. Among the 20 housing markets that had the biggest rebounds, half are located in California. Other states with cities that experienced major rebounds include those that were …
My friends in Australia and New Zealand, let me know what you’re seeing with real estate prices and the economy. Australia’s home prices hit record highs and unfortunately for those who bought at the top, they purchased with maximum …
by GoldCore – London house prices fall at the fastest annual rate since height of the financial crisis – London house prices fall in 5th month in row, worst falls since 2009 – London rents dropped at the fastest rate in eight …
Wolf Richter wolfstreet.com, www.amazon.com/author/wolfrichter But there’s a bottom for everything. Uber drivers are on the hook for their own social security and Medicare taxes, plus the costs of the vehicle, vehicle maintenance, insurance, and fuel. Gasoline prices have surged since …
via voiceofthemarkets We have advised our clients since at least 4 years that property prices will keep plunging every single year for a variety of reasons. With the exception of China, Philippines and very selectively in Spain, property prices, especially of …
from Zero Hedge Over the weekend, we reported that as a result of rising tariffs and escalating trade war, various US companies had passed on rising input costs to consumers, resulting in higher prices, in some cases significantly so, for a variety of …
via moneyweek: It’s very easy to become parochial when it comes to thinking about property markets. We focus on the slowdown in the UK market and we ponder what’s causing it. Could it be new rules on landlords? Could it be …
The average price of insulin tripled from 2002 to 2013 and Type I diabetics are a captive market. Once again, oligopoly enforced by oligarchy is allowing the public to be gouged. via thehill: Rising insulin costs are drawing outrage from …
Authored by Mike Shedlock via MishTalk, “The affordability crisis may have reached a breaking point in Portland, San Jose, and Seattle,” said Redfin CEO Buyer Fatigue Redfin notes June Home Prices Rose 5.7% Year Over Year; Smallest Increase Since December 2016. …
by Adam Taggart Developments are underway in China that should dampen the housing market there: The practice of rectifying market order stems from a special action by seven ministries. On June 28, the Ministry of Housing and Urban-Rural Development and other …
Although many markets are still rising to new highs, some areas have seen price reductions (From ridiculous highs). Do you think the price drops are the start of a downward trend? In today’s economy, we need real estate to …
Do you think the prices are sustainable? The bubble continues to expand. Look around the world, major cities have one thing in common: Prices are astronomical. In the U.S., Canada and anywhere else it’s allowed, people have been using their …
via advisorperspectives: Note: The charts in this commentary have been updated to include this morning’s Consumer Price Index news release. Back in 2010, the Fed justified its aggressive monetary policy “to promote a stronger pace of economic recovery and to help ensure that inflation, …
via businessinsider: There is clearly a housing bubble forming as home prices soar around the US. And a surprising side-effect is accompanying high home prices — declining birth rates. Rising home prices correlate with falling birth rates becuase they crowd out …
Snow in British Columbia July 02, 2018 and the news article covers heat in Ontario devoting a few sentences to the snow coverage in an article about snow cover in July, but the other 5 paragraph to how warm it …
By Tsvetana Paraskova U.S. gasoline prices are at a four-year-high this year as a result of the higher price of oil which has reached a three-and-a-half-year high in recent weeks. The increased pump prices are now eating into the disposable income of …
from Zero Hedge Despite the fanfare with which the White House unveiled its “American Patients First” initiative earlier this year, it appears American pharmaceutical giants didn’t get the memo, and are still going ahead with their annual “price modifications.” As the Financial Times reports, Pfizer, the …
Can Trump Counter Soaring Gasoline Prices? Oil prices surged to their highest level in more than three years on Thursday, as the number and volume of supply outages continues to rise. The odds of a significant shortfall in supply are …
What do you think is the best indicator for housing prices? The #1 statistic to determine if real estate is undervalued or overvalued is debatable, but it most certainly should be the average price of a home vs the average …
Conspiracy surrounding the industry of one of the most consumed animals on the planet. According to Thursday’s complaint, the pork conspiracy began when the defendant Agri Stats Inc began giving pork companies “benchmarking” reports, which typically allow comparisons of profits …