Category Archives: Investment outlook

Wolf Richter: Worst Restaurant Recession Since 2009 Dings Inflation

Stagnant restaurant sales show consumers are tapped out.

Public Pension Funds Regain Some Lost Ground in a Good Year, But CalPERS Lags Peers

CalPERS again falls short for its beneficiaries and California taxpayers.

Wolf Richter: Markets, Regulators Ignore Ticking Time Bomb of Shadow Margin Loans

Shadow margin loans are a sign of speculative excess and complacency about risk.

Only $60 Oil Can Save the Aramco IPO

The Saudis’ price expectations for their floatation of Aramco looked, ahem, ambitious from the get go. They look even more questionable now.

JP Morgan Slashes Its 2018 Oil Price Forecast By $11

After some optimism about oil prices, an unexpectedly high EIA inventory report plus “no end in sight” in shale v. OPEC has analysts rattled.

Wolf Richter: Dear Fed, It’s Not “Really Hard to Spot Bubbles”

Here are some visual aids to help the Fed spot the housing bubble.

Board Member JJ Jelincic Calls Out CalPERS’ “Roy Cohn,” General Counsel Matt Jacobs

CalPERS board member JJ Jelincic shows the lengths to which the board and staff will go to silence dissident board members.

Mr. Market Starts to Question Trump Trade Delusion

A look at the “Trump trade” pearl clutching yesterday.

Wolf Richter: Did Cisco Just Say Demand is “Very Lumpy?”

Look out below: Cisco has a history of being the canary in the coal mine at market turns.

Why Are The Oil Markets Crashing?

Sunny predictions for oil prices in 2017 are looking a tad premature.

Wolf Richter: #Carmageddon Not Yet, But Hot Air Hisses out of Auto Bubble

Despite record incentives, auto sales decline speeds up, inventory bloat spreads to zombie malls.

Wolf Richter: Wild Housing Speculation Drives Entire Canadian Economy

Canadian housing continues on its relentless rise because too many people can’t afford to have it stop.

Wolf Richter: Great Debt Unwind: Consumer Bankruptcies Jump, First Since 2010; Commercial Bankruptcies Spike

Both consumer and commercial bankruptcies spiked in March– and the oil bust’s not to blame.

Magnus: China Must Reform or Bust

China’s debt markets are looking more and more like the West, circa 2007. And it’s not clear the government can intervene as successfully.

Commercial & Residential Real Estate Bubble Again a Risk to Financial Stability; Fed’s Rosengren Worried

Real estate is again looking like a ticking time bomb. At super low interest rates, pray tell what does the Fed do if it blows up again?