US New Car & Truck Sales in 2019 Fell Below Year 2000 Level, 3rd Year in a Row Below 2016 Peak by Wolf Richter • Jan 6, 2020 • 60 Comments But not all faced falling sales. The top automakers in charts.
Carmageddon Spreads to Canada by Wolf Richter • Jan 5, 2020 • 114 Comments Sales fall for second year in a row, as car sales collapse further and truck sales barely tick up.
Manufacturing Employment, New Orders & Production Fall Fastest Since Apr-Aug 2009 by Wolf Richter • Jan 3, 2020 • 91 Comments An ugly report. How will it impact the overall economy?
What the Fed Did to Calm Year-End Hissy-Fit of its Crybaby Cronies on Wall Street by Wolf Richter • Jan 2, 2020 • 105 Comments But on Jan 1, it removed $64 billion in liquidity via gigantic “Reverse Repo.” And it continues to shed MBS.
Status of US Dollar as Global Reserve Currency v. Euro, Yen, Chinese Renminbi, & Others by Wolf Richter • Jan 2, 2020 • 111 Comments Latest data is out. Folks who hoped the Renminbi would break the dollar hegemony have to be very patient.
The Most Splendid Housing Bubbles in America, Dec. Update by Wolf Richter • Jan 1, 2020 • 149 Comments Prices fall year-over-year in San Francisco Bay Area & New York condo market. Seattle below June 2018. Chicago nearly flat year-over-year. Other markets lose steam. Phoenix, Tampa, Charlotte surge.
I, Who Vowed to Never-Ever Short Stocks Again, Just Shorted the Entire Market by Wolf Richter • Dec 30, 2019 • 334 Comments The setup is just too juicy.
How Ratings Agencies Inflate Credit Ratings to Get Deals & Fees by Wolf Richter • Dec 30, 2019 • 57 Comments This time, a new thingy, “Commercial-Real-Estate CLOs.” But investors don’t care because they’re too busy chasing yield.
Six of My Predictions in 2019 and How They’ve Fared by Wolf Richter • Dec 29, 2019 • 194 Comments I try not to make predictions these days. But a few times I lapsed.
Dallas Fed Outlines Somber Oil & Gas Industry, “Flaring” of Natural Gas Comes into Focus by Wolf Richter • Dec 27, 2019 • 126 Comments “The capital markets for oil and gas remain extremely difficult.”
