No Payment, No Problem: In Rosy World of Forbearance, Official Delinquencies Plunge, Credit Scores of Delinquent Borrowers Jump by Wolf Richter • Nov 18, 2020 • 141 Comments Credit-score algos got fooled by forbearance. Weirdest economy ever where no one knows what’s going on anymore.
Stimulus Fatigue? Retail Sales Wane at Many Brick & Mortar Stores. Department Stores Progress to Zombiehood. But Online Sales Surge to Record by Wolf Richter • Nov 17, 2020 • 121 Comments My 13 whiplash-charts by retailer category.
All Container Heck Breaks Loose amid Flood of Orders from US Retailers to Supply Stimulus-Stuffed Consumers, Cancelled Sailings by Carriers, and Record Spiking Freight Rates by Wolf Richter • Nov 16, 2020 • 151 Comments While US Farmers Struggle to Find Empty Containers for Exports.
My Humble Site Is the Most Exciting Thing I’ve Ever Done. A Reminder: Please Donate to WOLF STREET by Wolf Richter • Nov 15, 2020 • 85 Comments Little guy wriggling more or less adroitly between boots of giants amid the internet advertising crisis for publishers. But WOLF STREET traffic jumped 30% this year. Thank you!!
How the Pandemic Scrambled Long-Term Driving Patterns: Americans Already Drove Less, Hidden by Population Growth by Wolf Richter • Nov 15, 2020 • 114 Comments Bounce back to what? The Pandemic Scrambled Long-Term Trends in both directions.
Volkswagen to Throw $86 Billion at EVs over 5 Years. GM, Ford, Others Plow Mega-Bucks into Shift to EVs. Tesla Instigated It by Wolf Richter • Nov 13, 2020 • 298 Comments Commercial trucks and vans too, including at Volkswagen’s Traton, one of the largest truck makers in the world, acquirer of Navistar.
Wild Ride for Used Cars & Trucks in Weirdest Economy Ever by Wolf Richter • Nov 13, 2020 • 65 Comments After Crazy Price Spikes over the Summer, Wholesale & Retail Prices Drop, amid Lower Sales and Plenty of Supply.
Southwest and Delta Douse Hopes for Recovery in Q4. TSA Checkpoint Screenings Already Agree by Wolf Richter • Nov 12, 2020 • 97 Comments The curious effect of the election and now possibly the surge in virus infections.
Why Simon Property Group & Brookfield Property, #1 & #2 Mall Landlords, Bought J.C. Penney and Other Collapsed Retailers out of Bankruptcy by Wolf Richter • Nov 11, 2020 • 113 Comments After years of brick-and-mortar meltdown, the Pandemic. Desperate measures are now required.
WOLF STREET “Pickup Truck & Car Price Index” for 2021 Models Crushes Official “CPI for New Vehicles” by Wolf Richter • Nov 11, 2020 • 151 Comments And I mean, not just by a little. The F150 XLT & Camry LE are at it again. My annual brain-twisting stunner.
