Holding Gold & Silver is Holding Wealth
How Spain Became a Squatter’s Paradise For many, squatting is a desperate last resort. For others, it’s a lifestyle choice or political statement. Barcelona, ground zero of the phenomenon, attracts squatters from all over Europe. By Nick Corbishley, for WOLF STREET: Since...
The Wild Ride of the FANGMANTIS Stocks v. Rest of Market These 10 stocks, weighing 25% of the total market, are on one heck of a ride, now in the wrong direction. Rest of market has gone nowhere in nearly...
“Don’t Fight the Fed?” Fed’s Assets in Week 13 Since Peak-QE SPVs to nowhere. By Wolf Richter for WOLF STREET. Total assets on the Fed’s balance sheet for the week ended September 9, released this afternoon, fell by $7 billion from the prior...
Have You Noticed How Push-Back Against Powell-Fed’s Actions Is Getting Louder in the Mainstream Media, from NPR to CNBC? Still a lot of fawning coverage, but big dissenters are now given prominent spots, and loaded questions are used to politely...
Used-Vehicle Market Digs Out from Supply-and-Demand Chaos that Caused Enormous Distortions in Wholesale Prices After spiking for months, used-vehicle wholesale prices turned south in late August, wholesale volume plunged again. By Wolf Richter for WOLF STREET. Used vehicle wholesale prices jumped 3.6% in...
“Prolonged Period of Risk to Institutional and Retail Investors of Further – Possibly Significant – Market Corrections” European Market Regulator flags big issues, including the “decoupling of financial market performance and underlying economic activity.” By Nick Corbishley, for WOLF STREET: The European...
The Wild Ride of the Giant 5 Stocks (APPL, MSFT, AMZN, GOOG, FB) v. the Rest of the Market Suddenly, a whiff of “Don’t fight the Fed?” By Wolf Richter for WOLF STREET. Over the last two trading days, Thursday and Friday, the...
Tesla Not Added to S&P 500 Index, Shares Plunge After-Hours: Triple-WTF Chart of the Year Turns into Sharp Spike Four Days of Free-Fall Mania. Dream goes up in smoke. Passed over by Etsy, Teradyne, and Catalent. By Wolf Richter for WOLF STREET. After...
Big Setback for the Unemployment Crisis: Week 24 of U.S. Labor Market Collapse Continued unemployment claims jumped by 2.2 million to 29.2 million, worst since Aug 1, as claims by gig workers under federal PUA program soar. State plus federal...
Landlords, Please Chime in: After CDC Eviction Moratorium & State Eviction Bans, How Big is Nonpayment of Rent, amid Sharply Conflicting Household Surveys & Landlord Data Small and large landlords, please share your experience in the comments so we can...
Rents Plunge in San Francisco, New York. Other Expensive Cities, College Towns, Texas Oil Patch also Hit. Incentives Surge. But in 18 Cities: Double-Digit YoY Rent Increases Big shifts underway — work-from-anywhere, unemployment crisis, oil bust, people searching for a...
€22Bn Hedge Fund H2O, Majority-Owned by Natixis, Ordered to Freeze Funds. Fishy Smells Emanate “Valuation uncertainties.” And the trail of the Windhorst bonds. By Nick Corbishley, for WOLF STREET: H2O Asset Management — a UK-based hedge fund, majority-owned by French investment bank...
Twisted Picture of a Consumer Economy Running on Fumes of Stimulus Incomes from wages, interest, and dividends sagged from pre-Pandemic era. But stuffed with stimulus, Americans broke records splurging on Goods, as spending on Services, the biggie, lagged far behind....
Fed’s Total Assets Fall Again, Week 11 Since Peak-QE: Crazy Charts for Crazy Times “Two steps forward, two steps back”: Fed’s new song and dance, no? By Wolf Richter for WOLF STREET. Total assets on the Fed’s balance sheet for the week ended...