article thumbnail

Mortgage REITs Clobbered as Leverage Forces Sales

MishTalk

Get Involved The State of the Unions Finances: A Citizens Guide. Mortgage REITs Clobbered as Leverage Forces Sales. REITs Deepening Bond Losses as Leverage Forces Sales. Bloomberg reports REITs Deepening Bond Losses as Leverage Forces Sales. Dollar Collapse News on the Dollar's Death Spiral. Urban Digs. Zero Hedge.

Sales 73
article thumbnail

Retail Sales Rise in Germany and France, Decline in Italy

MishTalk

Get Involved The State of the Unions Finances: A Citizens Guide. Retail Sales Rise in Germany and France, Decline in Italy; Margin Squeeze in Germany and France. Italy: Sharpest drop in retail sales since April. In Italy, Markit reports Sharpest drop in retail sales since April. Minyanville Business and Market News.

Retail 70
Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Mish's Global Economic Trend Analysis: European Car Sales.

MishTalk

Get Involved The State of the Unions Finances: A Citizens Guide. European Car Sales Plunge to 20-Year low. Amidst all the happy talk that Europe is on the verge of some sort of recovery, here is yet another counterpoint: European Car Sales Plunge to 20-Year Low. Among smaller markets, sales plunged 42.7% million, a 6.7%

article thumbnail

Big Miss in Retail Sales vs. Expectations; Trend Change or Another

MishTalk

Get Involved The State of the Unions Finances: A Citizens Guide. Big Miss in Retail Sales vs. Expectations; Trend Change or Another "Soft Patch"? Retail sales were up 0.4% May retail sales were revised lower, to +0.5% Here are some retail sales comments from Bloomberg to help put things into perspective.

Retail 64
article thumbnail

Seven Years Later, Global Debt Keeps Piling Up, $57 Trillion More Than 2007

MishTalk

In fact, rather than reducing indebtedness, or deleveraging, all major economies today have higher levels of borrowing relative to GDP than they did in 2007. Since 2007, government debt has grown by $25 trillion. Since 2007, government debt has grown by $25 trillion. China China’s debt has quadrupled since 2007.

article thumbnail

Losing Faith in Gold at the Wrong Time; Did Paulson's Sale Mark the Bottom? Who's Left to Sell?

MishTalk

The hedge fund made $15 billion for investors in 2007 by betting against subprime mortgages before the housing. Gone too are jobs for auditors, bankers and analysts in the finance capitals of Toronto and London. housing market in 2007, told investors in February 2012 that gold would be his next triumph. The Bottom?

Sales 69
article thumbnail

Mish's Global Economic Trend Analysis: Economic Recovery in.

MishTalk

Get Involved The State of the Unions Finances: A Citizens Guide. Tax Collections, Retail Sales Prove Otherwise. The government deficit totaled €40 billion in the first six months of the year in terms of national accounts, 3.81% of GDP, according to data released Tuesday by the Ministry of Finance and Public Administration.