What to Do About the Student-Loan Fiasco: Is “Debt Forgiveness” Really the Answer? by Wolf Richter • Sep 11, 2019 • 149 Comments The University-Corporate-Financial Complex is going to squeal.
Men’s “Real” Earnings Below 1973 Level: Census Bureau by Wolf Richter • Sep 10, 2019 • 186 Comments Top 20% households made out like bandits, bottom 40% got crushed.
Used-Car Market Profits from Carmageddon. For Many Americans, New Cars Cost Too Much by Wolf Richter • Sep 10, 2019 • 101 Comments August wholesale auction price index hits record after longest series of year-over-year price gains since 2001.
Here Are Photos of Some of the Dilapidated Equipment San Francisco Wants to Buy from Bankrupt PG&E for $2.5 billion by Wolf Richter • Sep 9, 2019 • 148 Comments Californians have had it with PG&E, a convicted felon infamous for sacrificing safety, maintenance, reliability, and people to enhance “shareholder value.” But is San Francisco overpaying? Take a look.
THE WOLF STREET REPORT: What to Do About the Student-Loan Fiasco? by Wolf Richter • Sep 8, 2019 • 218 Comments OK, I’m going to wade into this debate — but with my boots on.
Delinquency Rates of Student-Housing CMBS Spike by Wolf Richter • Sep 8, 2019 • 128 Comments The once hot asset class of high-end student housing runs into reality.
The Financialization of the US Economy by Wolf Richter • Sep 6, 2019 • 143 Comments Services are Hopping. The #1 Biggie is Hopping the Fastest. It all adds to GDP!
Fed Sheds $20 Billion in Assets in August, Relentlessly Sloughs Off MBS, Adds Some Treasuries, Starts Shift to Short-Term T-Bills by Wolf Richter • Sep 5, 2019 • 106 Comments QE Unwind continues via the sharp drop in MBS.
Orders for Heavy Trucks Plunged 80% in August by Wolf Richter • Sep 5, 2019 • 52 Comments Here’s why — and how that’s impacting truck makers.
Here’s What I’m Worried About. And It’s Not a Recession by Wolf Richter • Sep 4, 2019 • 127 Comments A rout in the hyper-inflated bond market can blow up everything at this point.
