Margin Debt Unwinds Further amid Massacre of High-Flying Stocks and Forced Selling by Wolf Richter • Jun 14, 2022 • 168 Comments Margin debt issued warnings starting in early 2021 that the Big S would hit the fan. Folks blew it off.
That Was Fast: 30-Year Fixed Mortgage Rate Spikes to 6.18%, 10-Year Treasury Yield to 3.43%. Home Sellers Face New Reality by Wolf Richter • Jun 13, 2022 • 274 Comments Something has to give. And it’s going to be price.
First EV SPAC Announces its Stock Will Go to Zero and Die by Wolf Richter • Jun 13, 2022 • 95 Comments From SPAC merger to Chapter 7 bankruptcy in 12 months. That was fast! Congratulations on the speed and on being first!
Treasury Bonds Plunge, Yields Spike amid Stock & Crypto Mess by Wolf Richter • Jun 13, 2022 • 182 Comments Folks looking for yield have options now. Won’t beat inflation, but won’t get their face ripped off either.
Monday is Going to Be Interesting for Stocks by Wolf Richter • Jun 11, 2022 • 387 Comments Still way too much wild craziness, including the ultimate bag-holder gamble: Why the bottom isn’t anywhere near.
False Hopes of Peak CPI Inflation: Prices of Services, Housing, Food, Fuel Spike. Dollar’s Purchasing Power Goes WHOOSH. by Wolf Richter • Jun 10, 2022 • 394 Comments The Fed is going to have a field day with its rate hikes.
Dotcom Bust 2, New & Improved by Wolf Richter • Jun 9, 2022 • 173 Comments But we’ve had it so good for so long. And it was so easy, and it made everyone look like a genius.
EV IPO Insta-Collapse: Phoenix Motor Plunges into Void on 1st Day, More on 2nd Day. Parent SPI Energy Already Imploded 99% by Wolf Richter • Jun 9, 2022 • 70 Comments Wall Street is still trying to bleed retail investors. But they’re no longer all that eager to get bled.
Housing Bubble Getting Ready to Pop: Mortgage Applications to Purchase a Home Drop to Lockdown Lows, “Bad Time to Buy” Hits Record amid Sky-High Prices, Spiking Mortgage Rates by Wolf Richter • Jun 8, 2022 • 305 Comments Refinance mortgage applications collapsed to lowest since year 2000.
What’s Really Going on with Revolving Consumer Credit? by Wolf Richter • Jun 7, 2022 • 180 Comments Beyond some of the iffy stuff in the headlines today.
