It’s interesting to note that the NASDAQ found support around the same level it reached during the October panic low. You can see this in the chart below. This is positive, and suggests we might…
It’s now been four straight losing sessions in a row for stocks heading into today. And recent data continue to bolster the Federal Reserve’s ‘normalisation’ plan.
If job openings are greater than the total unemployed for the first time since 2000, you’d think: the economy is so good that this can only continue, right?
The important point NOW is that the Home Construction Index peaked in late January. Since then, it’s fallen 36% into late October. I believe this second bubble burst will be worse than the last one.
In his prime, Julian Robertson was considered to be the godfather of the modern hedge fund industry. He started Tiger Management Corp…
US President Donald Trump had almost everything going for him going into these midterms. The economy is going gangbusters thanks to his tax cuts, cash repatriation, and pro-business policies.
We’ve already seen real estate prices start to fall in Australia. Anyone looking at the 7–10% price falls in Australia’s state capital cities may be thinking, ‘So what? That’s not that big of a deal.’
It’s not who voted for Hillary. Instead, those are the prosperous parts of America where there’s been strong economic growth, new jobs, rising home values, and higher pay over the past two decades.
As a population urbanises, people get wealthier. But more affluent urbanites have fewer kids and that slows future demographic growth for the next generation.
With house prices continuing to fall, especially in Melbourne and Sydney (the cities that led the boom), the pain isn’t over yet. How much farther could it fall?
Markets have posted a two-day mini rally into Wednesday’s close, with momentum perhaps provided by a relatively tame inflation report on Monday.
There are no two ways about it: when this bubble finally bursts for good, and wealth is destroyed for a long time, it will be the richest that lose the most.
The richest man in China, Alibaba co-founder Jack Ma, reckons the trade war is the beginning of a long-term battle for supremacy between China and the US.
Right now, millennials are the largest cohort of homebuyers in the US. However, this is the number one problem real estate faces right now, right alongside being completely unaffordable…
Yesterday I showed how Japan’s first and more massive real estate bubble peaked in 1991. And then showed how it crashed right along our bubble model into 2013. Now let’s look at the US bubble…