Week Four of the U.S. Labor Market Collapse by Wolf Richter • Apr 16, 2020 • 196 Comments These layoffs are gut-wrenching and gigantic. But six states reported “fewer layoffs” in some industries – as there are not that many people left to lay off?
Here’s Where Retail Sales Spiked and Collapsed in 11 Mind-Blowing Charts of Lockdown Land by Wolf Richter • Apr 15, 2020 • 165 Comments But department stores will never recover; they were toast before the lockdowns.
From Panic-Buying to Lockdowns of Eateries & Manufacturing: Truckers, Railroads Face Supply Chain Turmoil, Spikes & Plunges by Wolf Richter • Apr 14, 2020 • 168 Comments “There has been a clear divide between winners and losers.”
SoftBank’s Fake Startup “Valuations” Come Unglued by Wolf Richter • Apr 13, 2020 • 147 Comments But those paper gains were fun while they lasted.
Going to be Tougher for Lots of People to Even Get a Mortgage. Expensive Housing Markets Most Affected by Wolf Richter • Apr 12, 2020 • 205 Comments Availability of Jumbo Mortgages Plunges.
“Mortgage Forbearance” is Suddenly Hot, Hits Shadow Banks, which Clamor for Bailout from Taxpayers and the Fed by Wolf Richter • Apr 10, 2020 • 234 Comments “The mortgage market has more risk than previously acknowledged.”
QE-4 Cut in Half this Week. Fed’s Helicopter Money for Wall Street & the Wealthy Hits $1.8 Trillion in 4 Weeks by Wolf Richter • Apr 9, 2020 • 224 Comments Regular folks need not apply.
Week 3 of the Collapse of the US Labor Market by Wolf Richter • Apr 9, 2020 • 261 Comments Gut-wrenching. The hope is that most people will be rehired as the health crisis becomes more manageable and lockdowns are loosened.
Week 3: How Lockdowns Impact Housing & Mortgage Markets by Wolf Richter • Apr 8, 2020 • 149 Comments Expensive markets face a new reality: lenders get skittish about jumbo loans.
How Lockdowns Hit U.S. New & Used Vehicle Sales: Beyond Ugly by Wolf Richter • Apr 8, 2020 • 218 Comments When the unemployment crisis exploded onto the scene three weeks ago, sales totally collapsed. What’s in store for the industry?
