Mallmageddon: How Far the Value of Four Live Malls, Not Zombie Malls, Collapsed this Summer by Wolf Richter • Aug 25, 2021 • 112 Comments Leaving Big Holes in CMBS as mega-landlords, such as Bookfield and Westfield’s owners, walk away.
End of the Era of Voracious Corporate Appetite for Office Space by Wolf Richter • Aug 24, 2021 • 128 Comments Formerly temporary, now persistent work-from-home turns into slow-motion nightmare for office landlords.
Home Prices Dip for First Time off Crazy Spike, Price Reductions Surge, Sellers Emerge, House Sales Drop Year-over-Year, Inventories & Supply Keep Rising by Wolf Richter • Aug 23, 2021 • 209 Comments “Normalization” or “deceleration,” as this phenomenon is called, is setting in.
THE WOLF STREET REPORT: The Most Monstrously Overstimulated Economy & Markets Ever by Wolf Richter • Aug 22, 2021 • 153 Comments The Fed will trim back its stimulus, but it’s already too late, and it’ll be too little and too slow.
No Brick & Mortar Meltdown for Legal Marijuana Retailers by Wolf Richter • Aug 21, 2021 • 118 Comments In California, sales at cannabis retailers hit $5.1 billion over the past 12 months.
The Most Splendid Housing Bubbles in Canada Dogged by the Bank of Canada’s End of QE by Wolf Richter • Aug 20, 2021 • 142 Comments The housing insanity “softens.”
The Extra $300/Week Unemployment Benefits Encouraged Many to Not Work: Details about the “Labor Shortage” Pile Up by Wolf Richter • Aug 19, 2021 • 320 Comments Business owners and hiring managers knew this in their gut for months.
Shortages in Charts: New & Used Vehicle Inventories Collapsed, Supply at Clothing Stores Gets Tight, Food Stores Near Normal by Wolf Richter • Aug 18, 2021 • 112 Comments Over-stimulated demand, tangled supply chains: shortages for some, plenty of supply for others.
What’s Behind this Messed-Up Bond Market? by Wolf Richter • Aug 18, 2021 • 133 Comments The Fed. And then the Fed steps away.
Surging Prices, Fading Stimulus, and Shift to Services: Americans Dent Historic Spike in Retail Sales by Wolf Richter • Aug 17, 2021 • 120 Comments At cannabis shops, restaurants, and gas stations, sales hit records. At auto dealers, the biggie, sales sag.