Stock-Market Margin Debt Plummets Most Since Q4 2008 by Wolf Richter • Jan 18, 2019 • 69 Comments Wow, that was fast. Margin calls.
Another Retail Chain Bought & Stripped Bare by Sun Capital Goes Bankrupt by Wolf Richter • Jan 17, 2019 • 97 Comments Number five in two years. Here’s the list.
Boom Fizzles: Shipments Fall for 1st Time Since Transportation Recession by Wolf Richter • Jan 16, 2019 • 16 Comments But freight rates remain red hot.
4 Months of Carmageddon in the EU Wipe Out Gains for 2018 by Wolf Richter • Jan 16, 2019 • 19 Comments Ford is big loser, Hyundai-Kia big winner, and Opel is someone else’s problem.
Yield Curve Spaghetti by Wolf Richter • Jan 15, 2019 • 67 Comments The one-month yield is 21 basis points higher than CPI, not seen since 2009.
Turkey’s Debt Crisis Deepens, Erdogan Bails out Banks His Way by Don Quijones • Jan 15, 2019 • 13 Comments Shifting bad consumer & business debts from banks to the public, but the way this bank bailout got packaged is pretty nifty.
What Truck Drivers Say about “Driver Shortage” & Pay Increases by Wolf Richter • Jan 15, 2019 • 87 Comments For the majority, pay has remained flat or has fallen over the past year.
China’s Consumers Rattle Global Automakers as Sales Plunge by Wolf Richter • Jan 14, 2019 • 56 Comments Welcome to the Big Club of Saturation & Decline.
Bankruptcy Next, PG&E Says. Shares Down 90% in 15 Months. From “Investment Grade” to “Default” in Three Weeks? by Wolf Richter • Jan 14, 2019 • 89 Comments California’s rate payers & taxpayers likely on the hook, as we know from PG&E’s first bankruptcy in 2001.
THE WOLF STREET REPORT by Wolf Richter • Jan 13, 2019 • 48 Comments What’s the deal with retailers — and retail sales?