What Heavy Trucks Are Saying by Wolf Richter • Nov 5, 2019 • 30 Comments “I do believe that in North America it is a cyclical downturn”: Cummins COO.
Leveraged-Loan Downgrades Spike, Collateralized Loan Obligations Get Cold Feet, Selloff in B-Rated Loans Ensues by Wolf Richter • Nov 4, 2019 • 61 Comments “Sell first, ask questions later.”
Uber Loses Another $1.2 billion, Stock Dives Again by Wolf Richter • Nov 4, 2019 • 82 Comments Burning cash is easy; It’s quite flammable and just goes up in smoke.
THE WOLF STREET REPORT: What’s Behind the Fed’s Bailout of the Repo Market? by Wolf Richter • Nov 3, 2019 • 104 Comments Whose Bets are Getting Bailed Out by the Fed’s Repos & Treasury Bill Purchases?
US National Debt Passed $23 Trillion, Jumped $1.3 Trillion in 12 Months by Wolf Richter • Nov 2, 2019 • 144 Comments And these are the good times. What happens in a recession?
Manufacturing in the US vs. China, Germany, Japan, South Korea by Wolf Richter • Nov 1, 2019 • 76 Comments US barely Cleanest Dirty Shirt among the manufacturing giants.
Rents Fall Southern California, Seattle, Miami, San Francisco, San Jose, Chicago, Honolulu & Others by Wolf Richter • Oct 31, 2019 • 64 Comments But rents surge in 22 other markets by the double-digits.
What Will Stocks Do When “Consensual Hallucination” Ends? by Wolf Richter • Oct 30, 2019 • 147 Comments The phenomenon works – until it doesn’t. What’s astonishing is how long it works.
Dallas, Minneapolis, Chicago, Charlotte, Atlanta, Detroit, Cleveland: From Smaller Housing Bubbles to Crushed Markets by Wolf Richter • Oct 30, 2019 • 37 Comments The cities that are not among “the most splendid housing bubbles.”
The Most Splendid Housing Bubbles in America, October Update by Wolf Richter • Oct 29, 2019 • 94 Comments Despite startup millionaires, house & condo prices in SF Bay Area and condo prices in NY City fall from a year ago. Seattle down again. Los Angeles, Las Vegas lose steam. Phoenix, others running hot.