US National Debt Passed $23 Trillion, Jumped $1.3 Trillion in 12 Months by Wolf Richter • Nov 2, 2019 • 144 Comments And these are the good times. What happens in a recession?
Manufacturing in the US vs. China, Germany, Japan, South Korea by Wolf Richter • Nov 1, 2019 • 76 Comments US barely Cleanest Dirty Shirt among the manufacturing giants.
Rents Fall Southern California, Seattle, Miami, San Francisco, San Jose, Chicago, Honolulu & Others by Wolf Richter • Oct 31, 2019 • 64 Comments But rents surge in 22 other markets by the double-digits.
What Will Stocks Do When “Consensual Hallucination” Ends? by Wolf Richter • Oct 30, 2019 • 147 Comments The phenomenon works – until it doesn’t. What’s astonishing is how long it works.
Dallas, Minneapolis, Chicago, Charlotte, Atlanta, Detroit, Cleveland: From Smaller Housing Bubbles to Crushed Markets by Wolf Richter • Oct 30, 2019 • 37 Comments The cities that are not among “the most splendid housing bubbles.”
The Most Splendid Housing Bubbles in America, October Update by Wolf Richter • Oct 29, 2019 • 94 Comments Despite startup millionaires, house & condo prices in SF Bay Area and condo prices in NY City fall from a year ago. Seattle down again. Los Angeles, Las Vegas lose steam. Phoenix, others running hot.
Tesla Discloses US Revenues Collapsed 39%. Americans Sour on its Cars, Pent-Up Demand Exhausted by Wolf Richter • Oct 29, 2019 • 192 Comments This is a holy-cow moment.
“Run on the Fund”: The Big Risk of Bond Mutual Funds. What to Look For and What to Do by Wolf Richter • Oct 28, 2019 • 60 Comments “First-Mover Advantage” in a “Liquidity Mismatch”: How slow-poke investors in conservative-sounding mutual funds can get their faces ripped off.
THE WOLF STREET REPORT: What Will Stocks Do When “Consensual Hallucination” Ends by Wolf Richter • Oct 27, 2019 • 118 Comments What’s astonishing is how long it lasts.
Subprime Auto Loans Blow Up, 60-Day Delinquencies Shoot Past Financial Crisis Peak by Wolf Richter • Oct 25, 2019 • 123 Comments Santander Consumer USA is on the forefront of souring subprime-auto-loan backed securities.