Update on the WTF-Collapse of Consumption of Gasoline, Jet Fuel & Diesel by Wolf Richter • Jul 23, 2020 • 65 Comments Folks started driving again – including those who used to take mass-transit. But jet fuel demand is still in collapse-mode. And overall consumption remains way down.
Home Sales Down -11% from Year Ago, Condos -23%, but Bounce off Lockdown-Lows by Wolf Richter • Jul 22, 2020 • 85 Comments More signs of a move from the cities to the suburbs? Supply of houses is tight; condos are piling up.
“Demand to Remain Suppressed” till Vaccine/Treatment Widely Available: United Airlines. May Not Happen till Late 2021 “or Even Later”: Health Care Leaders by Wolf Richter • Jul 21, 2020 • 108 Comments Flattened-out fish-hook-shaped recovery of demand?
Bailout of Trucking Company YRC, Near Bankruptcy Before Covid-19, Ripped by Congressional Watchdog by Wolf Richter • Jul 21, 2020 • 69 Comments It wants to know: Why was YRC even bailed out? And why was the taxpayer put at so much risk? What’s going on here?
#TheZooHasGoneNuts: “Fraudulent” Press Release of Buyout Nearly Triples Stock of Soon-to-be-Bankrupt Oil & Gas Producer, Briefly by Wolf Richter • Jul 20, 2020 • 106 Comments Who the heck bought those shares? Robinhood traders? And who placed this press release and cashed in on it?
Recovery of Collapsed Air Passenger Traffic in the US Backtracks by Wolf Richter • Jul 20, 2020 • 104 Comments Confirming early warnings by United and Delta of re-declining ticket sales. V-Recovery has to wait in line. Airline shares down 3.7% intraday.
“Giant 5 Index” – AAPL, MSFT, AMZN, GOOG, FB – Sagged All Week, Rest of Market Rose, Still 2.5-Year Wild Ride to Nowhere by Wolf Richter • Jul 19, 2020 • 103 Comments And the FANGMAN shivered as Netflix got knocked down.
How Work-from-Home Impacts Commercial Real Estate & Cities. Can Airlines Survive? Can We Now Get Deals on New Cars? by Wolf Richter • Jul 18, 2020 • 107 Comments Wolf Richter on the HoweStreet.com podcast.
“Pent-up Supply” Floods San Francisco Housing Market, Most Since Housing Bust by Wolf Richter • Jul 17, 2020 • 187 Comments Sellers are suddenly coming out of the woodwork. Housing market is having a moment.
“Uneven” Freight Recovery after New Covid Outbreaks: Daily Truck Trips Already Fell 10% Since June 25 by Wolf Richter • Jul 17, 2020 • 143 Comments Was June as Good as It’s Going to Get in the Pandemic Era?
