Junk Bond Yields Hit Record Low: Most Distorted Markets Ever by Wolf Richter • Dec 4, 2020 • 114 Comments Well, not markets. Fed-managed paper exchange.
For Stocks & Bonds, Upside Surprise of Inflation and Interest Rates “Could Prove Nasty”: Dudley by Wolf Richter • Dec 3, 2020 • 129 Comments Five reasons to “worry about faster inflation.” It’s “a greater danger precisely because it’s no longer perceived as such.”
Here Comes the Trucking Boom in the Weirdest Economy Ever by Wolf Richter • Dec 2, 2020 • 84 Comments Never a dull moment in the land of consumer stimulus and heavy trucks.
“Exodus” in Full Swing: November Rents Swoon in San Francisco, New York, Boston, Los Angeles… But Skyrocket in Other Cities by Wolf Richter • Dec 2, 2020 • 126 Comments San Francisco rents plunged by stunning 27% in 18 months. But in 5 big cities, rents jumped by 20%+. But in some of the cheapest cities, rents dropped.
The State of the American Office: Suddenly Emptying Out Again Under the Second Wave by Wolf Richter • Dec 1, 2020 • 134 Comments Office occupancy plunged by the most in Dallas. In San Francisco, where it had already been rock-bottom, it dipped into the single digits.
Just in Time for Holiday Shopping Season: UK Fashion Giant Arcadia Crashes into Bankruptcy by Nick Corbishley • Dec 1, 2020 • 34 Comments Asset stripping by its owner, years of brick-and-mortar meltdown, topped off by the Pandemic. Suppliers, landlords, and pensioners twist in the wind.