Reality Nixes Promised Boost for US Auto Sales in 2018 by Wolf Richter • Jan 23, 2018 • 23 Comments A big bad surprise for Wall Street’s auto gurus.
US Freight Spending, Shipments, Rates & Costs all Surge by Wolf Richter • Jan 23, 2018 • 36 Comments The Transportation Recession of 2015 and 2016 is just an Ugly Memory.
Barcelona Rental Market Is Out of Control by Don Quijones • Jan 23, 2018 • 24 Comments For the first time in over a decade, I spent a few days flat-hunting.
Junk-Rated Netflix Expects to Report Loss to IRS, Will Burn $3-$4 Bn in 2018, after Burning $2 Bn in 2017, Debt Piles Up by Wolf Richter • Jan 22, 2018 • 66 Comments Shares Soar. Bond market on cloud 9.
Rate Squeeze in Vancouver & Toronto Housing Bubbles by Steve Saretsky • Jan 22, 2018 • 48 Comments Variable-rate mortgages, the HELOC phenomenon, and new stress tests meet higher rates.
The Private Equity Firms at the Core of Brick & Mortar Retail Bankruptcies by Wolf Richter • Jan 22, 2018 • 97 Comments An astounding list of the meltdown: PE firms doomed the retailers.
The ‘Everything Bubble’ and What Happens if Credit Freezes Up in a Credit-Based Economy by Wolf Richter • Jan 21, 2018 • 62 Comments “It could get really messy.”
Draghi’s Membership in Murky G30 Financial Group Under Fire by Don Quijones • Jan 21, 2018 • 15 Comments A private club for central bankers, regulators, and bankers: Bernanke, NY Fed’s Dudley, Timothy Geithner, BoE’s Mark Carney, BoJ’s Haruhiko Kuroda… they’re all in it.
What Will Rising Mortgage Rates Do to Housing Bubble 2? by Wolf Richter • Jan 20, 2018 • 112 Comments Oops, they’re already rising.
$10-Billion IPO of Leveraged Buyout Queen Flops, Investors Bleed by Wolf Richter • Jan 19, 2018 • 28 Comments But private equity firm Apollo makes $2.4 billion “on paper.”