THE WOLF STREET REPORT: It’s a Perfect Time to Sell a Home (to FOMO-Driven Buyers) by Wolf Richter • Apr 25, 2021 • 241 Comments And for buyers, it’s a Perfect Time to make a Terrible Deal. The winner in these crazy bidding wars is the seller.
How Much Are Americans Driving and Flying Now, One Year After the WTF Collapse in Fuel Consumption? by Wolf Richter • Apr 24, 2021 • 171 Comments They’re not taking mass transit, that’s for sure.
Cut Prices and They Will Come? New House Sales Jump After Massive Drop in Prices by Wolf Richter • Apr 23, 2021 • 194 Comments There is no shortage of spec homes.
Buyers’ Strike? Everyone Knows the Housing Market Has Gone Nuts: amid Wild Distortions, Prices Spike but Sales Plunge by Wolf Richter • Apr 22, 2021 • 290 Comments No housing market can handle the perversity of vacant homes being used as leveraged investment vehicles to generate capital gains by just sitting there.
What Companies & Office Workers Said About Work from Home: Landlords Are Out of Luck by Wolf Richter • Apr 21, 2021 • 181 Comments A “distributed operational workforce” with a net reduction in demand for office space facing a business premised on endless growth.
The Taper Next Door: Bank of Canada Cuts Bond Purchases by 25%. Total Assets Drop by 13%. Rate Hikes Moved Forward, Possibly July 2022 by Wolf Richter • Apr 21, 2021 • 89 Comments Housing craziness is front and center.
The WTF Charts of the EV SPAC Hype Boom Are Imploding Spectacularly by Wolf Richter • Apr 20, 2021 • 159 Comments Getting massacred on the edge of the stock market.
Riskiest Junk-Rated Companies Borrow at Lowest Cost Ever amid Torrid Yield Chasing. AMC Bonds Sell at a Premium by Wolf Richter • Apr 20, 2021 • 63 Comments Commercial bankruptcy filings drop to lows last seen in the loosey-goosey days just before the Financial Crisis.
Freight Expenses Spike the Most on Record by Wolf Richter • Apr 19, 2021 • 95 Comments But shipment volume, though strong, is not at record levels.
I’m Just the Little Guy Between the Boots of Giants, but I’m Having a Blast. Dear Readers, Please Donate to WOLF STREET by Wolf Richter • Apr 18, 2021 • 105 Comments My Site Will Remain Open for All to Read, Even as More Sites Put Up Paywalls.