WeWork CMBS Cause Jitters, Bonds Hit Record Low by Wolf Richter • Oct 4, 2019 • 114 Comments It’s so big: Soul searching in the Commercial Mortgage Backed Securities market.
Repos Boost Fed’s Assets by $181 Billion by Wolf Richter • Oct 4, 2019 • 97 Comments Meanwhile, the Fed relentlessly sheds MBS, replacing them with Treasuries, including short-term Bills.
Orders of Heavy Trucks Collapse, Layoffs Start by Wolf Richter • Oct 3, 2019 • 24 Comments “Fleets are nervous. The latest manufacturing and construction numbers are concerning. The trade issue with China looms.”
Carmageddon for Tesla in Q3, GM Pulls Out All Stops, Ford Withers, Auto Sales at 1999-2000 Level by Wolf Richter • Oct 3, 2019 • 116 Comments But consumers spent a record amount on new vehicles in Q3 due to record prices.
IPOs Crash & Burn, Debris Hits Housing, Office Markets by Wolf Richter • Oct 2, 2019 • 94 Comments Signs are now all over Silicon Valley and San Francisco.
US Gross National Debt Jumps by $1.2 Trillion in Fiscal 2019, to $22.7 Trillion, Hits 106.5% of GDP by Wolf Richter • Oct 1, 2019 • 133 Comments But what happens if there’s actually a recession?
Tariff-Front-Running Hits US Manufacturing, after Causing Biggest Surge since 2004 by Wolf Richter • Oct 1, 2019 • 25 Comments Supply chains begin to shift back to US suppliers, “due to tariffs.”
US Dollar Status as Global Reserve Currency Slides by Wolf Richter • Sep 30, 2019 • 99 Comments If the US dollar loses its hegemony as a global reserve currency, it would be a sea change globally, and specifically for the US economy. Today, we got the next installment in that saga.
THE WOLF STREET REPORT: IPOs Crash & Burn, Debris Hits Housing, Office Markets by Wolf Richter • Sep 29, 2019 • 99 Comments Signs are now all over Silicon Valley and San Francisco.
Treasury’s Weak Denial Acts as Confirmation: US Weighs Crackdown on Capital Flows to Chinese Companies, Stocks & Bonds, Listed in the US or China by Wolf Richter • Sep 28, 2019 • 115 Comments Stocks of Chinese companies listed in the US have turned into a fiasco.
