bubble

Why are real estate prices so high?  Blame remote work, not the 'speculative bubble', Fed study finds

Why are real estate prices so high? Blame remote work, not the ‘speculative bubble’, Fed study finds

The sudden shift to remote working amid COVID-19 has driven more than half of overall US house price growth during the pandemic — and as it becomes more integrated into our daily lives, it is likely that it will also continue to drive up house prices than inflation. That’s according to new research released Monday …

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A Ponzi scheme by another name: The bursting of the housing bubble in China

A Just over a year ago, a Chinese property developer largely unknown to the outside world said his cash flow was under ‘enormous pressure’ and he might not be able to repay some of his exorbitant debts $300 billion (£275 billion). Today, that company, China Evergrande Group, is only too well known as the poster …

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Astronomers spot a bubble of hot gas spinning around

Astronomers spot a bubble of hot gas spinning around

Astronomers said Thursday they spotted a hot bubble of gas spinning clockwise around the black hole at the center of our galaxy at “breathtaking” speeds. The detection of the bubble, which survived only a few hours, should give some insight into the workings of these invisible and insatiable galactic monsters. The Sagittarius A* supermassive black …

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A 'breathtaking' bubble of hot gas has been detected zipping around the Milky Way's supermassive black hole

A ‘breathtaking’ bubble of hot gas has been detected zipping around the Milky Way’s supermassive black hole

Astronomers have spotted signs of a “hot spot” orbiting Sagittarius A*, the black hole at the center of our galaxy. Astronomers have spotted signs of a “hot spot” orbiting Sagittarius A*, the black hole A black hole is a place in space where the gravitational field is so strong that not even light can escape. …

A ‘breathtaking’ bubble of hot gas has been detected zipping around the Milky Way’s supermassive black hole Read More »

A 'breathtaking' bubble of hot gas has been detected zipping around the Milky Way's supermassive black hole

A ‘breathtaking’ bubble of hot gas has been detected zipping around the Milky Way’s supermassive black hole

Astronomers have spotted signs of a “hot spot” orbiting Sagittarius A*, the black hole at the center of our galaxy. Astronomers have spotted signs of a “hot spot” orbiting Sagittarius A*, the black hole A black hole is a place in space where the gravitational field is so strong that not even light can escape. …

A ‘breathtaking’ bubble of hot gas has been detected zipping around the Milky Way’s supermassive black hole Read More »

Astronomers detect hot gas bubble swirling around Milky Way's supermassive black hole

Astronomers detect hot gas bubble swirling around Milky Way’s supermassive black hole

This shows a still image of the supermassive black hole Sagittarius A*, as seen by Event Horizon Collaboration (EHT), with an artist’s illustration indicating where ALMA data modeling predicts the hotspot and its orbit around the black hole. Credit: Collaboration EHT, ESO/M. Kornmesser (Acknowledgements: M. Wielgus) Using the Atacama Large Millimeter/submillimeter Array (ALMA), astronomers have …

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Housing bubble woes: House prices fall 3.5%, the biggest monthly drop since January 2016. Sales, already at foreclosure levels, fall further.  Active registrations are still growing

Housing bubble woes: House prices fall 3.5%, the biggest monthly drop since January 2016. Sales, already at foreclosure levels, fall further. Active registrations are still growing

But those sell-offs took place during the “Fed pivot” fantasy that drove mortgage rates down to 5%. Today, mortgage rates are around 6.5%. By Wolf Richter for WOLF STREET. In July and through mid-August, mortgage rates fell from the 6% range in mid-June, on the widely propagated fantasy of a Fed “pivot” on rate hikes. …

Housing bubble woes: House prices fall 3.5%, the biggest monthly drop since January 2016. Sales, already at foreclosure levels, fall further. Active registrations are still growing Read More »

Ray Dalio's co-chief sounded the alarm about inflation, recession and a global financial bubble this week.  Here are the top 10 quotes.

Ray Dalio’s co-chief sounded the alarm about inflation, recession and a global financial bubble this week. Here are the top 10 quotes.

Greg Jensen warned that Fed rate hikes could trigger a market slowdown and a deep recession. The Bridgewater Associates boss predicted persistent inflation, slower growth and weaker profits. Jensen said the United States is at the center of a global financial bubble that may be about to burst. Loading Something is loading. Investors are mistaken …

Ray Dalio’s co-chief sounded the alarm about inflation, recession and a global financial bubble this week. Here are the top 10 quotes. Read More »

The stock market is plunging and could fall much more with the United States at the center of a huge global bubble, says the chief investment officer of the world's largest hedge fund

The stock market is plunging and could fall much more with the United States at the center of a huge global bubble, says the chief investment officer of the world’s largest hedge fund

A hotter-than-expected monthly inflation report rocked the stock market on Tuesday, and a senior executive at the world’s largest hedge fund says it’s just the beginning of the pain for investors. In an interview at the SALT hedge fund conference in New York on Monday, Greg Jensen, co-chief investment officer of Bridgewater Associates, said the …

The stock market is plunging and could fall much more with the United States at the center of a huge global bubble, says the chief investment officer of the world’s largest hedge fund Read More »