Nuts & Bolts of the Car Business: Subprime Loans, High Vehicle Prices & Big Discounts, EVs, and Why Automakers are Dropping Car Lines by Wolf Richter • Jun 11, 2018 • 68 Comments Wolf Richter with Jim Goddard on This Week in Money:
Humans Need Not Apply: AI to Take Over Customer Service Jobs by Don Quijones • Jun 10, 2018 • 82 Comments “With Amelia, we graduate into automating the knowledge worker, the customer service agent.”
My Views on US-Canada Trade, Steel’s Impact on National Security, NAFTA, and the Dollar by Wolf Richter • Jun 9, 2018 • 32 Comments Trade agreements are designed to benefit companies, not people – which is part of the problem.
Trade-War Drums: Is Mexico Ready to Fire at the US Corn Belt? by Don Quijones • Jun 9, 2018 • 56 Comments Big voices are clamoring for it in the third largest market for US food exports.
Update on the Fed’s QE Unwind by Wolf Richter • Jun 8, 2018 • 101 Comments Just as the Fed created money to buy Treasuries and MBS during QE, it now destroys money as these securities “roll off” the balance sheet.
Screwed: Real Estate Brokers Tell All by John McNellis • Jun 7, 2018 • 43 Comments Success means being able to choose who you work with.
How Chinese Investors Inflate Housing Markets in the US, Canada, and Australia, as Governments Try to Stem the Tide by Wolf Richter • Jun 7, 2018 • 139 Comments The “waterbed effect” of money flows.
Venezuela’s Oil Meltdown Defies Belief by Nick Cunningham • Jun 6, 2018 • 40 Comments Even the most pessimistic output scenarios could turn out to be too hopeful.
Heavy Truck Industry on Cloud 9, Shippers Face “Capacity Crisis” by Wolf Richter • Jun 6, 2018 • 32 Comments “Veterans in this industry are saying this is the best freight market they have ever seen.”
Tragicomic Farce at UK Bank TSB Enters Week 7 of IT Chaos by Don Quijones • Jun 6, 2018 • 25 Comments Bank-friendly regulators finally show some interest.
