The Brick & Mortar Meltdown at Movie Theaters. But a Few Movies Still Make it Big by Wolf Richter • Jan 13, 2019 • 84 Comments Tickets are expensive. Alternatives are plentiful, convenient & cheap.
Automakers Prepare for “No-Deal” Brexit by Don Quijones • Jan 12, 2019 • 57 Comments They’re already under pressure from the deteriorating market.
Oops, SpaceX to Lay Off 10% of its Employees after Funding Fiasco in November by Wolf Richter • Jan 11, 2019 • 70 Comments What SpaceX is trying to do has “bankrupted other organizations,” it said.
Fed’s Powell: Balance Sheet to be “Substantially Smaller.” How Small? He Gave Big Clues. My Dive into the Dynamics & Charts by Wolf Richter • Jan 11, 2019 • 67 Comments In fact, QE started reversing at the end of 2014.
At Taxpayers’ Expense, Fed Paid Banks $38.5 Billion in Interest on “Reserves” in 2018. Here’s How by Wolf Richter • Jan 10, 2019 • 106 Comments The Slickest Annual Wealth-Transfer from Taxpayers to the Banks via the Fed.
Italy’s New Government Eats Its Words, Joins Bank Bailout Club by Don Quijones • Jan 10, 2019 • 30 Comments Well, that didn’t take long. Whatever happened to Eurozone’s new bail-in rule?
Rally in Stocks Takes Heat Off Fed, Now They Talk Rate Hikes Again, Market Expectation of a Rate Hike Spikes by Wolf Richter • Jan 9, 2019 • 53 Comments But all bets are off if something big breaks.
My “Fed Hawk-O-Meter” Speaks by Wolf Richter • Jan 9, 2019 • 36 Comments Wall Street’s hope for a dovish Fed may not be entirely fulfilled, it seems.
Housing Bubble Trouble in the Seattle-Bellevue Metro by Wolf Richter • Jan 8, 2019 • 53 Comments With Seattle’s economy still strong, the downturn isn’t caused by layoffs & defaulting mortgages. The fabulous bubble has run out of steam on its own
Brexit Moment in 80 Days, No One Knows What’ll Happen, London’s Finance Industry on Tenterhooks by Don Quijones • Jan 8, 2019 • 90 Comments The stakes are enormous.