Real estate

Republicans Strike Back: Congressman Circulates Letter Demanding Mueller Open Hearing

"Every nominee for United States Attorney must be confirmed by the Senate, a process that brings to the forefront any concerns regarding the nominee’s ability to hold their position in a decent and impartial manner. However, as Special Counsel Robert S. Mueller III and his team of lawyers investigate our very own president, we as a nation wait in the dark with very little information about those given this great authority."

UBS Explains Why The Next Credit Unwind Will Be Unlike Anything We've Seen Before

Several weeks ago, Janet Yellen boldly declared "I don't believe we will see another crisis in our lifetime."  For the rest of us who live in reality there is little doubt that the latest Fed-fueled credit bubble will eventually burst in epic fashion and once again lay waste to the personal balance sheets of millions of Americans.  The question isn't so much 'if', but rather 'how' and 'when.'

The Next Market Crash Will Not Be Televised

"In the end, just like 1987, 1998, and 2008, the taxpayer will end up holding the bag. They will never see the crash coming... and modern television will cover it much like they did in 2007 and 2008: After the financial nuclear bomb has already gone off."

The Secret History Of The Banking Crisis

"Accounts of the financial crisis leave out the story of the secretive deals between banks that kept the show on the road. How long can the system be propped up for?"

Risk Off: Global Stocks Slide As "Fire And Fury" Results In "Selling And Fear"

US futures are set for a sharply lower open (at least in recent market terms) following a steep decline in European stocks and a selloff in Asian shares, following yesterday's sharp escalation in the war of words between the U.S. and North Korea. In a broad risk-off move U.S. Treasuries rose, the VIX surged above 12 overnight, while German bund futures climbed to the highest level in six weeks.

U.S. Rent Growth Flatlines As Massive Flood Of New Apartment Supply Finally Takes Its Toll

"The huge number of apartments entering the market benefits all renters...some [new developments] even offer concessions, like a month of free rent or free gym memberships. These perks aren’t limited to overly-popular markets such as NYC or San Francisco, either. Minneapolis is also seeing tons of new, top-notch apartments added to its rental market, as is Nashville and Orlando.”