The Most Splendid Housing Bubbles in America Shrink by Wolf Richter • Jan 29, 2019 • 94 Comments Seattle prices drop 5.1% in five months, most since Housing Bust 1; San Francisco Bay Area, Los Angeles, San Diego, Denver, Portland all decline.
Is China’s Debt Crackdown Hitting California’s Commercial Real Estate Bubble? by Wolf Richter • Jan 29, 2019 • 52 Comments Construction Halts on LA’s Chinese-Owned $1-Billion Oceanwide Plaza; Fretting Starts about $1.6-Billion Oceanwide Center in San Francisco.
Preparing for a Coming Winter Storm? WeWork Pivots to Minimize Risk for Itself by John McNellis • Jan 28, 2019 • 56 Comments WeWork landlords in America are likely to learn: In a down market, they’re all going to be partners, voluntarily or otherwise.
The Chilling Thing Nvidia Just Said about China & Tech by Wolf Richter • Jan 28, 2019 • 57 Comments China anguish is piling up.
THE WOLF STREET REPORT by Wolf Richter • Jan 27, 2019 • 68 Comments And then the Stock Selloff Starts All Over Again.
Low-Cost Airlines Are Crashing into Bankruptcy One After the Other as Financial Conditions Tighten in Europe by MC01 • Jan 26, 2019 • 43 Comments But traffic is up, and these are still the good times.
“Worst December in 10 Years”: Brick-and-Mortar Retail in the UK Faces Overindebted Consumers by Don Quijones • Jan 26, 2019 • 54 Comments But online sales are hot, now at 20% of total retail.
We’re Flying with Eyes Partially Closed into Turbulent Markets & Economy by Wolf Richter • Jan 25, 2019 • 66 Comments But for the markets: “No Data is Good Data”
Big Exporters are Losing It: US Manufacturing Gains. Germany, Japan, China not so Lucky by Wolf Richter • Jan 24, 2019 • 66 Comments Central-Bank Stimulus Fail: The longer it drags on, the worse it gets?
Uber, Cabify “Evicted” from Barcelona as Turf War with Taxi Drivers Gets Ugly by Don Quijones • Jan 24, 2019 • 27 Comments Will Madrid be next?