Another money-losing, cash-burning, over-hyped unicorn in a ho-hum low-tech business (bedding retailer) tries to make it out the IPO window.
Student enrollment has dropped 11% since 2011 while student-loan balances have surged 74%. Why?
Many people report similar nightmares trying and failing to get their packages out of Spanish customs.
Tesla’s Stock Makes it the Second Most Valuable Automaker in the World. But How About its Size?
Shares plunged 20% on the spot, and are down 44% in nine months.
Those counting on the Fed’s endless “Not-QE” or whatever to inflate the market might be disappointed.
Its debt surged to fund the share buybacks. And truckers ate its lunch. But don’t tell any of this to the “market.”
Texas at the epicenter. We’re witnessing the destruction of money that loosey-goosey monetary policies encouraged.
Even as the Fed floods the market with $400 billion in four months, with stocks at record highs, and reality pooh-pooed as irrelevant. What’s different this time? (transcript of my podcast)
The priciest markets north of the San Francisco Bay.
Brick & Mortar melts down on mall owners. So “repurpose” malls into housing?
Having become a master of financial engineering instead of aircraft engineering. UPDATED with the announcement on Jan 21 that “ungrounding” of the 737 MAX will be further delayed.
Even as the Fed floods the market with $400 billion in four months, with stocks at record highs, and reality pooh-pooed as irrelevant. What’s different this time?
Kitten Lopez is of course not her real name.
But even red-hot online sales cooled off late in the year as consumers turned sour.
“Give Me a Growing Environment, It’s Easier to Run the Railroad”: CSX CEO
This move to China makes sense for a niche automaker struggling mightily in the US. But headwinds in China are even stronger than in the US.
Why is this happening?
Not even the “bankruptcy” word hanging over super-troubled Italian infrastructure giants Atlantia and Autostrade, whose bridge collapsed last year, can get their bonds to reflect any kind of serious risk.
Where the heck are the EVs when you need them?
Shares have collapsed 75% since 2017.
Selected from so many Nits to Pick.
“Challenging environment with weakened consumer demand”: This nosedive in a vast industry, affecting consumers and manufacturing, is happening even as GDP officially booms at 6%?
Then there are the dividends it pays its member banks.
This solid recession indicator is starting to concern me again.
GM shifts even more production to Mexico (even as its US sales fall). But Ford’s imports from Mexico plunge. FCA’s, Audi’s, Nissan’s down too.
My patience has been exhausted.
The week after the year-end Repo Chaos didn’t happen.
Something funny’s happening in NIRP land: long-term yields are rising, negative yields are turning positive, and investors are getting punished for having handed their brains to central banks.
The Changing Supply of Used Vehicles.