The World’s Biggest Real-Estate Bubbles

  Article originally appeared on Bloomberg (here)  Most cities in UBS Group AG’s Global Real Estate Bubble Index are overvalued or at risk of a bubble, according to the Swiss bank’s 2018 report on housing prices. Chicago is the only undervalued housing market in...
Details Of $2 Trillion Coronavirus Stimulus Package Emerge

Details Of $2 Trillion Coronavirus Stimulus Package Emerge

While it will take some time to sort through all the pork contained in the massive $2 trillion coronavirus legislation negotiated between the Trump administration and Congressional leaders early Wednesday, here are some of the major provisions via Bloomberg. The...
Bitcoin And Bullion Blasted As Traders Sell Everything

Bitcoin And Bullion Blasted As Traders Sell Everything

It’s a bloodbath out there. For now, only bonds are higher in price as it seems traders are selling everything that is not nailed down in order to meet margin calls or simply reduce overall uncertainty. Crypto markets are a sea of red with everything crashing...
With Bloomberg Entering Race, U.S. Oligarchy Takes Stage

With Bloomberg Entering Race, U.S. Oligarchy Takes Stage

The American two-party system has always been an electoral front to conceal the reality of how big money buys U.S. politics. Now with media tycoon Mike Bloomberg entering the presidential race, U.S. “democracy” can be seen for what it is: it’s all about big money...