The State of American Restaurants, by City: The Catastrophe of the Second Wave by Wolf Richter • Nov 29, 2020 • 143 Comments Despite the rampant indoorification of outdoor dining.
This Spike of New Businesses is a Doozie, on Several Levels by Wolf Richter • Nov 27, 2020 • 162 Comments People are massively striking out on their own. But new businesses with planned wages have been getting scarcer since 2007.
My Thoughts on San Francisco’s “Exodus,” the Social-Life & Cost-Cutting Aspects of Work from Home, and the Truly Bizarre Split in the Real Estate Market by Wolf Richter • Nov 27, 2020 • 93 Comments Wolf Richter with Jim Goddard on HoweStreet.com Radio
The State of the American Consumer: Free Pandemic-Money Runs Low by Wolf Richter • Nov 25, 2020 • 172 Comments Stimulus & extra UI dried up. But 16% of “proprietors’ income” in October was PPP money & Pandemic farm aid.
The Most Splendid Housing Bubbles in America: Nov. Update by Wolf Richter • Nov 24, 2020 • 268 Comments A pandemic of house price inflation.
California Legal Cannabis Sales Exploded. And California is Cashing In by Wolf Richter • Nov 24, 2020 • 110 Comments On Fumes of Stimulus and to Soothe the Frustration.
“Monetizing Privacy”: The Fed Fans Out, Touting the “Digital Dollar.” This Time, How Consumers Would Benefit by Wolf Richter • Nov 23, 2020 • 200 Comments But the problemita of pulling the rug out from under the entire banking system still needs to be addressed.
Taxpayers Face $435 Billion in Student-Loan Losses, Already Baked in: Leaked Education-Department Study by Wolf Richter • Nov 22, 2020 • 211 Comments No one has ever put a number to it until now.
The Mnuchin-Powell Affair over the Fed’s “Special Purpose Vehicles” in Dollars & Effects by Wolf Richter • Nov 21, 2020 • 156 Comments Why do bondholders and leveraged speculators have to be enriched, instead of providing fiscal relief to the unemployed and small businesses? That’s the question.
Here Are the 12 Financial-Market Metrics Mnuchin Listed as Reasons for Letting the Fed’s Bondholder-Bailout SPVs Expire on Dec 31 by Wolf Richter • Nov 20, 2020 • 158 Comments Jawboning alone whipped the markets into froth. So maybe enough is enough, and let taxpayers have their money back as planned?
