In late 2011 many were expecting China’s property bubble to burst. It looked as though housing prices had peaked and signs of stress were beginning to appear (see discussion). But the correction turned out to be quite shallow and in spite of China’s go…
Tag Archive for Real Estate Bubble
Contributors- Economic and Financial, Must Read, Taken Down
Canada’s latest job report is a mixed blessing – Sober Look
by Sober Look • • 0 Comments
This past week we got some positive news out of Canada: an amazingly strong employment report.
CTV News: – Canada’s economy created an impressive 95,000 new jobs in May — the biggest monthly gain in nearly 11 years — blowing away the expectations of most analysts.
Contributors- Economic and Financial, Must Read, Taken Down
Trying to combat Hong Kong’s housing bubble – Sober Look
by Walter Kurtz • • 0 Comments
Hong Kong is taking extraordinary measures in an attempt to arrest what increasingly looks like a residential property bubble – much of it driven by foreign capital inflows (see discussion).WSJ: – Hong Kong has levied a new 15% tax on property purchase…
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Spain bank deal may not work, bolder reforms needed: Stiglitz | Reuters
by Newswires • • 0 Comments
(Reuters) – Europe’s plan to lend money to Spain to heal some of its banks may not work because the government and the country’s lenders will in effect be propping each other up, Nobel Prize-winning economist Joseph Stiglitz said. “The system … is the Spanish government bails out Spanish banks, and Spanish banks bail out…
Charles Hugh Smith
What’s Priced Into the Market Uptrend?
by Charles Hugh Smith • • 0 Comments
Is the operative phrase here “priced to perfection”?
With everything from stocks and bonds to ‘roo bellies rising as one trade, it may be a good time to ask: what’s priced into the market’s uptrend? We say “bad news is priced in” when negativ…
Charles Hugh Smith, Contributors- Economic and Financial, Must Read
By the Pricking of Equity’s Thumbs, Something Wicked This Way Comes
by Charles Hugh Smith • • 0 Comments
Sentiment is awfully complacent, and volatility is low. Smells like May 2011–or August 2008.
Equities look ripe indeed for an “unexpected” bloodletting and resultant wicked correction. The general outlines of a equity bubble awaiting a nice …
Bears Chat, Best of the Forums
Next In Line For IMPLOSION: Pension Plans
by Bears Chat at The Wall Street Examiner • • 0 Comments
Pension plans are based on 8% annual growth forever. What happens to these plans in a zero-interest rate world as the global economy and stock markets contract?
I’m afraid it’s time for an intervention. I don’t enjoy being the bearer of difficult…
Bears Chat, Best of Capitalstool.com, Best of the Forums
Political Myopia and America’s Manufacturing Decline
by Bears Chat at The Wall Street Examiner • • 0 Comments
For decades voices in the woods have been warning us of impending crises in the foundational systems that make the U.S. economy go. We’ve been advised of impending disasters in Social Security, Medicare, pension funding, the national debt, healt…
Bears Chat, Best of the Forums
2008 Crash Deja Vu: We’ll Relive It, And Soon
by a Wall Street Examiner • • 0 Comments
SAN LUIS OBISPO, Calif. (MarketWatch) — Warning, the stars are aligning, again. Much faster. We’re repeating the run-up to the 2008 meltdown, leading up to the next election.
Yes, another crash is coming, una…
Bears Chat, Best of the Forums
50% of at-risk mortgages are second liens
by a Wall Street Examiner • • 0 Comments
The only argument for not forcing banks to take serious write-downs on second-lien loans is the assumption that housing prices are going to return to pre-2007 prices. And that is not going to happen unless we have another real estate bubble.
Second-l…
