08.17.23 BREAKING NEWS: Bitcoin Crashes $3000

There are craters and then there a crashes. Today nothing is not correlated and there is something big happening tonight, apparently starting with the crypto […]

08.17.23 17:15 ET – China Evergrande US Unit Files for Chapter 15 Bankruptcy

This is about to get seriously interesting as US investors might have just been handed a “participation” trophy for the misguided speculation in Chinese real […]

03.21.22 00:45 UTC: Evergrande Suspends Share Trading in Hong Kong

Gee, this will end well. No problemo. It will track DOGE and rally to 17 cents in no time at all. Or not. All is […]

Evergrande Finally Declared in Default by Fitch Ratings

Eventually everything fades to gray. This morning Fitch Ratings decided to be the brave first ratings agency to declare the obvious, that the Chinese property […]

And Another Major Chinese Property Developer Misses $205 Million U.S. Dollar Bond Payment

Remain calm, all is well, until it isn’t. With the Chinese markets closed for a holiday the next few days this breaking news story is […]

Today’s Markets: Even a Dead Cat Doesn’t Always Bounce

Whenever markets indicate historical periods of instability, I have a bad habit of recording the bubblevisions for their various reactions. In fact I still have […]

September 28, 2021 Market Alert: Buckle Up We’re Going Downtown

As I noted in the brief weekend note Market Alert: Waterfalls Ahead? I warned of the possibility of what appears to be happening today. With […]

The 5 Potential Triggers for the 2021-2022 Crash

There is going to be an economic and stock market crash it is simply a matter of when or why. The insanity the world is […]

The 2008 Housing Crisis was Nothing Compared to the Next Crash

Those who were not aware of what was happening to America’s housing economy in 2005 through 2008 only have the movie The Big Short as […]

S&P Repeats its 2008-2009 Performance with Evergrande Ratings Cut

If anyone is a fan of the book or movie The Big Short, one has to remember the scene where Mark Baum confronts the S&P […]