It’s the Airline Stocks Again: Ugly Day, Ugly Week, Ugly Long Term by Wolf Richter • Mar 4, 2022 • 106 Comments My Airlines Index plunged 14% for the week. Long-term, it’s even worse: -45% since Jan. 2018.
Even Soaring Wages Got Crushed by Inflation in Hot Labor Market: Fed Gets More Rate-Hike Ammo (as if it Needed More) by Wolf Richter • Mar 4, 2022 • 105 Comments Production and nonsupervisory employees had biggest year-over-year wage gains since 1982, but they too were outrun by inflation.
Shares of SoftBank-Backed Grab, Biggest SPAC Ever, Collapse. Dating App and IPO Miracle Bumble Crashes by Wolf Richter • Mar 3, 2022 • 106 Comments On today’s menu of imploded stocks are two extra-specials.
Growth Hindered by “Supply Chain Disruptions, Capacity Constraints, Inflation, Logistical Challenges, Labor Shortages” by Wolf Richter • Mar 3, 2022 • 117 Comments Here’s what executives in those industries said.
Here Goes Another Highflyer: Buffett Darling Snowflake Crashes by Wolf Richter • Mar 2, 2022 • 119 Comments Cloud software hype comes home to roost.
Bank of Canada Front-Runs the Fed, Hikes Interest Rates, Citing Hot Inflation & Even More Inflationary Pressures by Wolf Richter • Mar 2, 2022 • 104 Comments Rates “need to rise further.” Balance sheet already shrank by 14%, more shrinkage to come.
This Stock Market Is Coming Unglued Stock by Stock by Wolf Richter • Mar 1, 2022 • 149 Comments The mayhem that has totally crushed one stock after another for a year breaks through the surface. Transcript from my podcast.
Crude Oil WTI Spikes: The Storm Today after the Calm Yesterday by Wolf Richter • Mar 1, 2022 • 103 Comments No one in the oil industry wants to crash this party after what they’ve been through since 2014 when surging US production caused the price to collapse.
Russia in Financial Crisis (Again), Ruble Collapses (Again), Central Bank Does Mother of All Rate Hikes (Again), US Stocks Shrug (Again) by Wolf Richter • Feb 28, 2022 • 232 Comments A financial crisis in Russia just doesn’t have the same effect on the US as a financial crisis brewed up in the US has.
THE WOLF STREET REPORT: This Stock Market Is Coming Unglued Stock by Stock by Wolf Richter • Feb 27, 2022 • 173 Comments The mayhem that has totally crushed one stock after another for a year breaks through the surface.
