Those seeking housing as shelter cannot compete with wealthy households and entities seeking places to park credit-generated capital for income and/or appreciation.
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...markets reconcile ambition with economic scarcity...
Just one day before the monster IPO, Goldman reassures investors that fundamentals are fine, valuations are fine, speculation is…
AI is unpopular, inflation is unpopular... Unfortunately for markets, a policy response to either or both issues may result in…
In summary: this was a very ugly, tailing auction, which saw foreign demand tumble, offset by the biggest "backstop" bid from…
OpenAi and Anthropic are about to go nuclear against each other, while China watches from the sidelines knowing it will soon…
When bonds sell off, equities rarely digest it well. If we start getting sustained bond market volatility again, then all else…
