Real estate

Paul Brodsky: "Stagflation On The Horizon"

Logic and current trends suggest that declining output growth accompanied by higher prices will begin hitting economies and facing policy makers in the coming years. Markets should begin sniffing out this stagflationary macroeconomic setup this year.

Canada Flagged For Recession By BIS

As if Canadians needed more proof that the country’s real estate is in a bubble, and that this misallocation has spread to other sectors of the economy, the BIS latest quarterly report confirms what any critical observer can see: binging on debt is rarely a good idea.

"2017 Will Be A Tipping Point" - Why Some Think This Is The Next "Big Short"

"These malls are dying, and we see very limited prospect of a turnaround in performance" according to a January report from Alder Hill, which began shorting the securities. "We expect 2017 to be a tipping point." Indeed, cracks have appeared: prices on the BBB- pool of CMBS have tumbled from 96 cents on the dollar in late January to 87 cents last week

Risk-Ignorance Reaches 23 Year High As Short Interest Hits Record Low

Investors are willing to pay more for a given level of risk than at any time since 1994 and short interest has collapsed to record lows... "if The Fed follows through on its convictions, look for a flat yield curve and a recession to wipe out 50% of equity prices for the third time in the past seventeen years."

When It Comes To Wall Street, Preet Bharara Is No Hero

The prominent U.S. attorney fired by Donald Trump this weekend has been justly acclaimed for his pursuit of political corruption. But his treatment of the Wall Street executives involved in the financial meltdown was far less confrontational.

The Paradox Of Our Times: Record Assets, Record Debt, & Record Depression

"It is surely one of the primary reasons why many if not most people have so much trouble accepting the trouble the economy is in... despite asset price levels and even record debt, all those prove is just how disconnected those places have become from what used to be an efficient way to redistribute financial resources."