by Addison Wiggin & Ian Mathias China goes from boom to bubble… Dan Amoss on if and when to go short Chris Mayer with a new emerging acronym: Are you investing in MENA? Banks reclaim public ire: Toxic assets sour as banks reap record overdraft fees All asset classes pull back… why even gold can’t thrive this week How do you say bubble in Mandarin? Chinese property sales are up over 60% so far this year, the nation’s National Bureau of Statistics
by Addison Wiggin & Ian Mathias The new victim of the credit crunch: The faux rich… jumbo loans in deep trouble Even farmland can’t escape… Chris Mayer on the first fall in farm value in 22 years Tax receipts suffer record crash… Addison Wiggin on the ever-closer financial reckoning day Plus, Alan Knuckman’s getting bullish on this unloved resource Now that the subprime, low-income crowd has taken their lashings, there’s a new Great Recession victim
