Daily Archives: September 20, 2023

Real estate and related industries have driven an outsized 25 percent of China’s gross domestic product over the last decade-plus and some 40% of global commodity demand. Now add-debt-and-stir is following the time-worn playbook with imploding prices and participants. This … Continue reading →

Lucid insights on macro conditions and the housing cycle in this segment. Homeowners in America have run out of money in 2023, which could spark a wave of panic selling that will cause inventory to surge. Here is a direct … Continue reading →