Suddenly US Service-Sector Growth Dives, Manufacturing Gets Even Weaker by Wolf Richter • May 23, 2019 • 27 Comments Slowest growth in orders since Oct 2009. Cleanest dirty shirt gets dirtier.
My Fancy-Schmancy “Fed Hawk-o-Meter.” And the Fed Says It’ll be “Patient” with Rate Cuts, Even at “Low Inflation” by Wolf Richter • May 22, 2019 • 35 Comments The Fed introduces a new thingy about “patient” to tamp down on the clamorers on Wall Street.
Subprime Profit-Machine Hiccups: Credit-Card Charge-Offs Rise Across Banking System by Wolf Richter • May 22, 2019 • 44 Comments Impact felt by the real economy and the most vulnerable consumers.
US Home Sales Drop, Drop, Drop Despite Lower Mortgage Rates. But Mortgage Applications Jump. What Gives? by Wolf Richter • May 21, 2019 • 148 Comments Where are the foreign investors in this phenomenon?
Deutsche Bank Death Spiral Hits Historic Low. European Banks Get Re-Hammered by Wolf Richter • May 20, 2019 • 49 Comments Just bumping along the bottom, from hopeless to hope and back to hopeless.
Carmageddon Sinks Tesla’s Bonds by Wolf Richter • May 20, 2019 • 93 Comments Tesla is steeped in chaos — and chaos is absolutely the opposite what a complex manufacturing, distribution, and retail operation needs.
THE WOLF STREET REPORT by Wolf Richter • May 19, 2019 • 50 Comments What the Subprime Auto-Loan Fiasco Means.
E-Commerce Crushes Mall Retailers One by One. Here’s the Data by Wolf Richter • May 18, 2019 • 81 Comments Brick-and-mortar department stores – the lucky ones still open – are on schedule to be toast.
What Should We Make of the Global Slowdown in Manufacturing? by Wolf Richter • May 18, 2019 • 7 Comments The global slowdown in manufacturing and trade is not pretty. How will it impact the US and other major economies? Wolf Richter on This Week in Money.
How Did the US Service Sector Do in Q1? by Wolf Richter • May 17, 2019 • 45 Comments Finance & Insurance, Which Dominates the US Economy, Has Blistering Q1. Huge Services Sector Not Yet Hit by Slowdown in Goods.
