It shouldn’t “create risks to the stability of the financial system,” which is soothing to know.
People are massively striking out on their own. But new businesses with planned wages have been getting scarcer since 2007.
Wolf Richter with Jim Goddard on HoweStreet.com Radio
Stimulus & extra UI dried up. But 16% of “proprietors’ income” in October was PPP money & Pandemic farm aid.
A pandemic of house price inflation.
On Fumes of Stimulus and to Soothe the Frustration.
But the problemita of pulling the rug out from under the entire banking system still needs to be addressed.
No one has ever put a number to it until now.
The Pandemic accelerated the mess.
Why do bondholders and leveraged speculators have to be enriched, instead of providing fiscal relief to the unemployed and small businesses? That’s the question.
Jawboning alone whipped the markets into froth. So maybe enough is enough, and let taxpayers have their money back as planned?
Online sales jumped 37% in Q3, after 44%-Spike in Q2. Online food-and-beverage sales up 160%.
But these “valuations” are crucial to REITs and property mutual funds.
An increasingly important question, because someone always has to buy this debt – and it’s not just the Fed. But the share of foreign holders is waning.
Credit-score algos got fooled by forbearance. Weirdest economy ever where no one knows what’s going on anymore.
My 13 whiplash-charts by retailer category.
While US Farmers Struggle to Find Empty Containers for Exports.
Little guy wriggling more or less adroitly between boots of giants amid the internet advertising crisis for publishers. But WOLF STREET traffic jumped 30% this year. Thank you!!
Bounce back to what? The Pandemic Scrambled Long-Term Trends in both directions.
Commercial trucks and vans too, including at Volkswagen’s Traton, one of the largest truck makers in the world, acquirer of Navistar.
After Crazy Price Spikes over the Summer, Wholesale & Retail Prices Drop, amid Lower Sales and Plenty of Supply.
The massive and once-again extended Pandemic-era furlough programs serve their purpose, but…
The curious effect of the election and now possibly the surge in virus infections.
After years of brick-and-mortar meltdown, the Pandemic. Desperate measures are now required.
And I mean, not just by a little. The F150 XLT & Camry LE are at it again. My annual brain-twisting stunner.
Californians applying to lease single-family houses in Arizona, Nevada & Texas doubled from year ago; migration from New York & New Jersey to Florida similar: American Homes 4 Rent.
Indexes backed off sharply into the close. Dow gave up 800 points of its 1,600-point spike. Nasdaq -1.5%. Oil soared. Gold & silver dropped. 10-Year Treasury went rogue.
Politicians raved about it. Experts were cautious: “an interesting first signal,” many questions remain. Even Pfizer said, “as the study continues, the final vaccine efficacy percentage may vary.”
The 44% spike on Wednesday and the more-than-unwind-plunge this morning are part of a very rough ride since the peak in March 2015.
Blackstone Group, BNP Cardif, Crédit Agricole, and others have also unwound or suspended their relationship with H2O.