How Fast Can a “Shortage” of Office Space Turn into a “Glut?” San Francisco Shows How Fast by Wolf Richter • Oct 25, 2020 • 3 Comments Commercial real estate is in turmoil, but San Francisco’s glut is dwarfed by the fiascos in Houston and Calgary.
Housing Market Goes Nuts, Everyone Sees it, But it Can’t Last by Wolf Richter • Oct 23, 2020 • 282 Comments There’s a housing shortage until there’s suddenly a housing glut: see San Francisco et al.
Fed Assets Eke Out New Record for First Time Since June 10. But Repos, Dollar Liquidity Swaps, SPVs Mothballed by Wolf Richter • Oct 22, 2020 • 65 Comments Only Treasury securities and mortgage-backed securities (MBS) are still active.
Sorting through the Data Chaos in Unemployment Claims: Week 31 of U.S. Labor Market Collapse by Wolf Richter • Oct 22, 2020 • 59 Comments California Emerged from its “Reset.”
Down-to-Earth View of the “Recovery” in Near-Real Time, Eight Months into the Pandemic by Wolf Richter • Oct 21, 2020 • 112 Comments As seen by indicators that have sprung up as a result of the Pandemic.
“Creative Destruction” or Just “Destruction?” by Wolf Richter • Oct 21, 2020 • 119 Comments Under the effects of the Pandemic, consumers and businesses grapple with their own “Reset.”
Synchrony Financial Disclosed Radical Work-from-Home Plan, Layoffs, and “Office Footprint” Reduction by Wolf Richter • Oct 20, 2020 • 168 Comments Landlords and their lenders who’re still thinking work-from-home is just a blip will undergo a reckoning in due time.
Trucking, Container Carriers, FedEx, UPS, Other Freight Firms Warn of “Capacity Shortage,” Expect Americans to Keep Splurging Despite Jobs Crisis by Wolf Richter • Oct 19, 2020 • 134 Comments Better produce a big-fat stimulus bill pronto and keep eviction bans and forbearance going, or else these companies will face economic reality.
Worst Recovery Ever: To Soothe Investor Pain, Government Agency TSA Hypes Airline Stocks in Chilling PR Stunt by Wolf Richter • Oct 19, 2020 • 147 Comments What the TSA said in its PR stunt and what it forgot to say.
THE WOLF STREET REPORT: “Creative Destruction” or Just “Destruction”? by Wolf Richter • Oct 18, 2020 • 109 Comments Under the effects of the Pandemic, consumers and businesses grapple with their own “Reset.”
