Biogen’s Double-WTF Moment, After Trading Halt All Day Friday: The Elusive Alzheimer’s Money by Wolf Richter • Nov 9, 2020 • 64 Comments The 44% spike on Wednesday and the more-than-unwind-plunge this morning are part of a very rough ride since the peak in March 2015.
State of the American Debt-Slaves, Q3 2020: The Stimulus & Forbearance Phenomenon by Wolf Richter • Nov 7, 2020 • 331 Comments Auto loans jump after historic price spikes. Credit cards still in stimulus wonderland. Student-loan borrowers count on debt forgiveness, mmmkay.
Picture Emerges of Weird Recovery to Historically Awful Level by Wolf Richter • Nov 6, 2020 • 107 Comments Jobs not galore. And the target keeps moving.
Condo Prices Drop 13% in San Francisco, All-Time Record Inventory Glut Piles Up by Wolf Richter • Nov 5, 2020 • 112 Comments The glut is in neighborhoods with condo towers, particularly where the construction boom has been. Neighborhoods with low-rise buildings are less impacted.
Tesla v. GM v. Ford: Sacrilege to Mention Them in the Same Breath, But Here We Go by Wolf Richter • Nov 5, 2020 • 177 Comments Just the Numbers.
Sales of New Cars & Trucks Through October Fell by 2.4 Million Vehicles, to 1985 Levels. Back to the Future by Wolf Richter • Nov 4, 2020 • 102 Comments For the Ultimate No-Growth Industry: price increases and pushing consumers into more expensive trucks and SUVs.
For Stocks, Any Election Outcome is Now the Best Outcome, Disputed Election, Long Legal Mess, Split Government Without Stimulus, Whatever… by Wolf Richter • Nov 4, 2020 • 168 Comments This is funny in terms of stock-market “narratives” during these crazy times.
US Apartment Market Splits in Two, 100 Cities: Where Rents Jumped or Dropped the Most, Are Highest or Lowest by Wolf Richter • Nov 3, 2020 • 52 Comments Unemployment and work-from-home or work-from-anywhere are massively shifting where people want to live.
What Took so Long? After Years of Brick & Mortar Meltdown Punctuated by the Pandemic, Two Mall REITs File for Bankruptcy by Wolf Richter • Nov 2, 2020 • 152 Comments CBL and Pennsylvania Real Estate Investment Trust were both toast before the Pandemic. The banks are stuck.
The State of American Restaurants, by City, November Update by Wolf Richter • Nov 2, 2020 • 178 Comments “Seated diners” get scarcer again as new Covid cases surge.
