What the Heck Just Happened in Argentina? by Wolf Richter • Aug 30, 2018 • 66 Comments Central Bank Hikes to 60%, Peso Collapses 24% in 2 Days, Macri Begs IMF for Faster Bailout
Supply of Homes Surges 20% to 90% in Many Markets Just as Pending Home Sales Drop by Wolf Richter • Aug 29, 2018 • 116 Comments This is not good.
The “Call”… Alibaba and the 8 Analysts by Deep Throat IPO • Aug 29, 2018 • 33 Comments OMG! Another laugh-out-loud, gut-buster of an investor call. Come on guys, you’ve gotta stop it.
The Most Splendid Housing Bubbles in America by Wolf Richter • Aug 28, 2018 • 62 Comments New York condo prices fell again. Historic spikes slow in Seattle and other metros.
Why Are So Few Customers Leaving TSB Bank Despite 21 Weeks of Mayhem? by Don Quijones • Aug 28, 2018 • 34 Comments The botched IT migration is still dogging customers of the UK lender.
7 Things that Did Not Happen to Tesla after the Friday-Night Deal-Massacre by Wolf Richter • Aug 27, 2018 • 71 Comments You’ve got to hand it to Musk.
Nafta is Dead. Long Live Nafta by Wolf Richter • Aug 27, 2018 • 70 Comments The biggest problem with Nafta remains unaddressed: Wage repression in Mexico, including via “protection contracts” as condition for building a plant.
US Yield-Curve Looks Hell-Bent on Inverting, “Flattest” Since Aug 2007 by Wolf Richter • Aug 26, 2018 • 62 Comments How does it compare to German, Japanese, and Chinese yield curves?
Fed Economists Deliver Ammo for Hawkish Approach to Inflation by Wolf Richter • Aug 26, 2018 • 49 Comments Because “outsized deviations of inflation from its target are a plausible outcome.”
No Tesla Deal! Musk Backpedals Furiously Friday Night by Wolf Richter • Aug 24, 2018 • 60 Comments “Funding secured” was a lie, conceived to manipulate up the share price.