Monday , March 25 2019
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Tag Archives: Uncategorized

Almost Half of Homes in New York and D.C. Are Now Losing Value (Bubble Bursting?)

By the lights of bubblevision, Tuesday’s plunge was just a bull market “retest” of last week’s lows, which posted at 1867 on the S&P 500. As is evident below, the test was passed with 80 points to spare at today’s close. So according to the talking bull heads—–CNBC had three of them on the screen at once about 2pm—–its time to start nibbling on… Read on→

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Washington Has Bombed The Middle East Back To The Stone Age——Now The Refugees Wash Onto Europe’s Shores

China’s orgy of buildings, airports, new cities, harbors, highways, high-speed trains was all financed by “Chinese paper” and overseas Chinese money. Today, no one knows how much bad debt is choking China. My sense is that one of these days the whole credit house of cards may come crashing down, igniting another worldwide panic. I instructed my money mangers to stay out of Chinese investments three years ago. Read on→

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Shipping Blues: World Trade Price per Unit And Baltic Dry Shipping Price Index Slump

The robo machines pushed their snouts through 2100 on the S&P index again yesterday. This was the 13th time since, well, February 13th that this line has been re-penetrated from below. ^SPX data by YCharts But don’t call it an omen of bad luck; its more like monetary rigor mortis. The bull market is dead, but the robo-machines… Read on→

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Extortion Inc: Spain’s Financial Regulator in the Hot Seat

By Don Quijones, Spain & Mexico, editor at WOLF STREET. Since the Prime Minister Mariano Rajoy took office in December 2012 ,Spain has witnessed more and bigger political scandals than at any other point since it transitioned from dictatorship to democracy in the late seventies and early eighties. But according to an expose by El Confidencial, things may be even worse than feared: rampant corruption in Spain extends far beyond the political sphere, to the beating heart of the financial...

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