Carmageddon for General Motors in China: Q3 Sales Collapse 30% from 2 Years Ago by Wolf Richter • Oct 10, 2019 • 58 Comments Just how important is China to GM, its Largest Market & Once Biggest Hope for Growth?
The Day When Repo Rates Blew Out: Fed Recounts a Fiasco that Occurred as the FOMC Was Meeting, and How it Reacted by Wolf Richter • Oct 9, 2019 • 53 Comments I wish I could have sat in that meeting, watching the bewildered faces of Fed officials as they got hourly updates on repo rates blowing out.
Fed Didn’t See Economic Reasons to Cut Rates, Admits Cutting for Other Reasons: My Fancy-Schmancy “Fed Hawk-o-Meter” by Wolf Richter • Oct 9, 2019 • 48 Comments Fed Sent Big-Fat Message on “U.S.-China Trade Tensions” to White House.
How the SoftBank Scheme Rips Open the Startup Bubble by Wolf Richter • Oct 9, 2019 • 40 Comments This scheme worked wonders for a while but has now run into trouble, and a lot is at stake.
When Was Peak-Insanity of the Unicorn-Startup Bubble That’s Now Imploding? by Wolf Richter • Oct 8, 2019 • 99 Comments WeWork was just late to the defenestration party.
Sticker Shock & Hedonic Quality Adjustments: How Much Have New-Car Prices Really Risen over Three Decades? by Wolf Richter • Oct 7, 2019 • 190 Comments Wages rose with inflation, but not nearly enough to pay for “quality improvements,” which is why working people feel increasingly impoverished.
THE WOLF STREET REPORT: How the SoftBank Scheme Rips Open the Tech Bubble by Wolf Richter • Oct 6, 2019 • 71 Comments The biggest force behind the startup bubble in the US has been SoftBank. But the scheme has run into trouble, and a lot is at stake.
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.”
