Postmortem of the Infamous Day WTI Crude Oil Futures Went to Heck in a Straight Line by Wolf Richter • Apr 23, 2020 • 62 Comments The US Energy Information Agency (EIA) dissects the historic event.
Week 5 of the Collapse of the U.S. Labor Market by Wolf Richter • Apr 23, 2020 • 221 Comments Gut-wrenching tally balloons. Gig workers and contract workers are starting to be included. Florida tries to catch up.
Housing Market under COVID-19: Regular Folks Retreat, Foreign Investors Blocked, Large US Investors Gone, iBuyers Frozen by Wolf Richter • Apr 22, 2020 • 176 Comments Demand is a lot weaker in some places than in others. Here are the 20 cities with the largest drops.
How Far Will the U.S. Economy Plunge During Lockdown? by Wolf Richter • Apr 21, 2020 • 387 Comments “Three times deeper than the Great Recession?”
Holy WTF Moly: WTI May Contract Collapses to Negative -$37 by Wolf Richter • Apr 20, 2020 • 259 Comments Meanwhile this is a moment for historic reflection and head-shaking.
US Crude Oil Gets Annihilated Under Targeted Saudi Attack by Wolf Richter • Apr 20, 2020 • 153 Comments West Texas Intermediate (WTI) futures collapsed 45% today from the already collapsed price, to $10 a barrel, lowest since 1999.
Munger: “Nobody Knows What’s Going to Happen.” And This Time, Berkshire Is Not Piling into Stocks & Companies by Wolf Richter • Apr 19, 2020 • 158 Comments “I don’t think we’ll have a long-lasting Great Depression…. But we may have a different kind of a mess. All this money-printing may start bothering us.”
Coronavirus Drives Barrage of New Lobbying Activity by Wolf Richter • Apr 17, 2020 • 136 Comments Follow the Bailout Money.
Fed Massively Tapered QE-4. Hasn’t Bought Any Junk Bonds, Was Just Jawboning by Wolf Richter • Apr 17, 2020 • 128 Comments Helicopter Money for Wall Street & the Wealthy: $2.06 Trillion in 5 Weeks. Regular folks, forget it.
How Will Covid-19 Lockdowns Hit the Housing Market? It Gets a Little Clearer by Wolf Richter • Apr 16, 2020 • 167 Comments “In May, what market? I don’t see no market”: Realtor.
