What’s Behind the Subprime Consumer Loan Implosion? by Wolf Richter • Nov 28, 2019 • 110 Comments These are the good times, but why are subprime credit cards, auto loans, and short-term installment loans blowing out?
Brick & Mortar Rent Meltdown, Manhattan Style by Wolf Richter • Nov 27, 2019 • 120 Comments Asking rents for ground-floor retail space have plunged as landlords struggle with vacancies.
Despite Startup Millionaires, the Most Splendid Housing Bubbles in America Deflate. Crushed Markets Scramble Higher by Wolf Richter • Nov 26, 2019 • 87 Comments Prices skid in the San Francisco Bay Area, Seattle & New York. Other markets lose steam. A few power on. Crushed markets scramble to new (low) highs.
After Years of Threats, Schwab Joins Exodus, to Move Headquarters from San Francisco to Texas by Wolf Richter • Nov 25, 2019 • 195 Comments It has been shrinking its way out of the City for years. And it’s not the first major company to make the move.
THE WOLF STREET REPORT: What’s Behind the Subprime Consumer Loan Implosion? by Wolf Richter • Nov 24, 2019 • 170 Comments These are the good times, but why are subprime credit cards, auto loans, and short-term installment loans blowing out?
Fracking Blows Up Investors Again: Phase 2 of the Great American Shale Oil & Gas Bust by Wolf Richter • Nov 23, 2019 • 102 Comments Including billionaires who thought they’d picked the bottom in 2016.
Brick & Mortar Melts Down as Ecommerce Jumps by Most Ever by Wolf Richter • Nov 22, 2019 • 235 Comments Department stores get crushed one by one.
Chinese Stock Collapses 98% in Hours After MSCI Flip-Flops: How Index Providers Saddle US Pension Funds with Stock Scams by Wolf Richter • Nov 21, 2019 • 99 Comments Despite my assurances that “Nothing Goes to Heck in a Straight Line,” a Chinese stock just did.
The Fed Slaps Down Negative Interest Rates by Wolf Richter • Nov 20, 2019 • 107 Comments A serious rejection in its first major discussion of negative interest rates recounted in the FOMC minutes.
Fed Switches from Mid-Cycle “Adjustment” to Wait-and-See, Pending “Material Reassessment” of its Economic Outlook by Wolf Richter • Nov 20, 2019 • 21 Comments My Fancy-Schmancy “Fed Hawk-o-Meter.”
