AMC Insiders Dumped Huge Portions of their Shares after WTF Spike, AMC Sold Shares, and Wanda is Already Outa There by Wolf Richter • Jun 5, 2021 • 141 Comments But who’s buying? CEO Adam Aron is schmoozling and bamboozling the Reddit crowd.
The Weird Phenomenon of “Labor Shortages” as Millions of People Who Could Work Are Not Working by Wolf Richter • Jun 4, 2021 • 431 Comments A sign of how messed up the moving parts of the economy have become, amid massive excesses and distortions connected by malfunctioning gearing.
Global Steel Production: China Blows the Socks off the Rest of the World, US Production Plunges by Wolf Richter • Jun 3, 2021 • 193 Comments The annual steel report is out.
Stock Market Officially a Bad Joke: AMC Warns Buyers of its New Shares: Don’t Buy “Unless You Are Prepared” to Lose “All or Substantial Portion of Your Investment” by Wolf Richter • Jun 3, 2021 • 156 Comments A joke where everyone is making fun of everyone in grand & crazy pump-and-dump schemes. But I can’t blame AMC. I blame the Fed.
It Begins: The Fed Will Outright Sell its Corporate Bonds & ETFs by Wolf Richter • Jun 2, 2021 • 93 Comments Another market support gets pulled away and turned upside down.
Buyers’ Strike? Mortgage Applications Drop Deep into 2019 Range as People Looking for a Home to Live in Step Back from “Raging Mania” by Wolf Richter • Jun 2, 2021 • 157 Comments Investors may still be doing a lot of heavy breathing.
SoftBank-Funded Silicon Valley Unicorn Katerra, which was to “Transform” the Construction Industry, Collapses by Wolf Richter • Jun 1, 2021 • 90 Comments Thousands of workers laid off. $2.2 billion up in smoke. 2nd SoftBank unicorn to collapse this year before getting to the IPO or SPAC window, after Greensill, which it helped take down.
“Cash Has Been Trash for Years, But Soon it May Be the Only Haven for Investors”: Bill Gross is at it Again by Wolf Richter • Jun 1, 2021 • 163 Comments “Inflationary pressures pose increasing price risks to Treasuries & stocks” as the Fed will react.
Inflation Bites Chunk out of Personal Income & Spending by Wolf Richter • May 30, 2021 • 400 Comments Paying even more to get even less. Exactly what American consumers need the most in these trying times.
Fed’s Favorite Lowball Inflation Gauge is Red-Hot, Not Seen in Decades, Even Without the “Base Effect” by Wolf Richter • May 28, 2021 • 281 Comments The majestic inflation overshoot has arrived.
