Zurich

WTI Tumbles Below $50 To 3-Week Lows

On the heels of continued dollar strength, output increases by OPEC (and US production at 2 year highs), and Libya restarting its biggest oilfield, WTI prices are tumbling for the 3rd time this week, back below $50 to their lowest in 3 weeks...

The Global Housing Bubble Is Biggest In These Cities

"Expectations tend to be prone to exaggerations in boom phases. The optimistic projections of the trends outlined above create ever-greater price fantasies. However, should sentiment change or interest rates increase, a correction is practically inevitable. In the past, rising interest rates almost always triggered a crash in housing markets."

Has The NYT Gone Collectively Mad?

"The use of speculation as fact is something to guard against particularly in the work of inexperienced or opinionated reporters. But what happens when this sort of unprofessional work tops page one of The New York Times..."

Forget Tulips & Bitcoin - Here's The Real Bubble

While the broader market for Swiss stocks has risen modestly this year, one 'entity' has outperformed its peers by such a staggering margin, it has left bamboozled market experts struggling for an explanation...