Downturn in Local Housing Markets Hit National Averages by Wolf Richter • Dec 19, 2018 • 51 Comments Existing home sales across the US drop 7% from a year ago, plunge 15.4% in the West.
Is All Lost? Record Share Buybacks But Stocks Get Crushed by Wolf Richter • Dec 18, 2018 • 98 Comments The vengeance of share buybacks: buyback queen Apple plunges.
Retail Melts Down Before Christmas in the UK, Spreads to Continent by Don Quijones • Dec 18, 2018 • 42 Comments After “the worst-on-record unbelievably bad” November, even e-commerce gets hit, not just brick & mortar, on fears Christmas sales could be terrible.
Who Exactly Mopped up $1.33 Trillion of New US Government Debt over the Past 12 months? by Wolf Richter • Dec 17, 2018 • 78 Comments Debt out the wazoo, but someone is still buying it.
US Natural Gas Plunges, Unwinds Spike that Blew Up Hedge Fund by Wolf Richter • Dec 17, 2018 • 30 Comments After the blood has been let, the feeding frenzy subsides, which is also brutal.
THE WOLF STREET REPORT by Wolf Richter • Dec 16, 2018 • 64 Comments Peak “Everything Bubble?” The data is piling up.
The Trucking Boom Ends by Wolf Richter • Dec 15, 2018 • 68 Comments But no letup in freight rates yet.
Winter is Coming to Commercial Real Estate by John McNellis • Dec 14, 2018 • 40 Comments Commercial real estate developer shares his insights on how to prepare for it.
US Banks Disclose Biggest Unrealized Losses on Security Investments since Q1 2009: FDIC by Wolf Richter • Dec 13, 2018 • 36 Comments The price of rising interest rates.
The U.S. Oil Industry’s Dirty Little Secret by Nick Cunningham • Dec 13, 2018 • 65 Comments Because greater fuel economy for cars is toxic for the oil industry.