CVS to Close 900 Stores, Convert Others from Retail to Services, as Ecommerce Competitors Gobble up Pharmacy Revenues by Wolf Richter • Nov 19, 2021 • 103 Comments Brick & Mortar Meltdown Continues.
Thank You for Your Donations!! WOLF STREET Mug Shortage Update (I’m Out). And Reminder, if You Missed it: Please Donate by Wolf Richter • Nov 19, 2021 • 25 Comments Your support is crucial in helping WOLF STREET grow and build community without paywall and ad-blocker blockers.
Stock Market Leverage Spikes, Margin Debt Up 42% YoY. Fed Warns about High Leverage Ratio of “Younger Retail Investors” by Wolf Richter • Nov 18, 2021 • 165 Comments “Potentially Destabilizing Outcome could emerge if elevated risk appetite among retail investors retreats rapidly.” But what the heck.
The Most Splendid Housing Bubbles in Canada “Pause” after Bank of Canada Ends QE, Starts Unwinding its Balance Sheet by Wolf Richter • Nov 17, 2021 • 87 Comments Home prices fell in Vancouver, Ottawa, and Montreal; were flat in Toronto, other cities for the first time since 2019.
Massive Price Increases & Overstimulated Demand Fuel Historic Surge in Retail Sales by Wolf Richter • Nov 16, 2021 • 154 Comments Money-printing hits home. Charts by retailer category.
How Can an 11-Year Old Company Lose $844 Million on $661 Million in Revenues? WeWork Shows How, Having Lost $13.3 Billion on $10.6 Billion in Revenues in Less Than 4 Years by Wolf Richter • Nov 15, 2021 • 153 Comments It just doesn’t let up with this outfit.
Why WOLF STREET Won’t Hide Behind Paywall and Ad-Blocker Blockers: Dear Readers, Please Donate by Wolf Richter • Nov 14, 2021 • 117 Comments It’s a rough business, but I love being in it, and your donations make it work.
Inflation Becomes a Political Bitch for Democrats as People’s Mood Sours amid Biggest Fed-Fueled Boom for the Wealthy by Wolf Richter • Nov 14, 2021 • 254 Comments Time to nominate some hawks to the Fed’s Board of Governors.
Car & Truck Insanity, Hamster Wheel of Work & Inflation, Do Price Controls Work? And Wading into Commercial Real Estate by Wolf Richter • Nov 13, 2021 • 102 Comments And much more. Wolf Richter on This Week in Money.
The Power of Labor: Record Churn & Quits among Workers as Employers Desperate to Fill Huge Number of Job Openings by Wolf Richter • Nov 12, 2021 • 195 Comments Millions of people are still watching this spectacle from the sidelines.
