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.
Rents in the USA: from the Priciest ZIP Codes to the Cheapest by Wolf Richter • Sep 27, 2019 • 72 Comments The entire spectrum, From Battery Park City in Manhattan to Wichita.
Nearly out of Cash, WeWork Shifts into Shrink & Survive Mode by Wolf Richter • Sep 26, 2019 • 126 Comments The house cleaners come in, halt all new leases, dump side businesses, sell corporate jet, lay off thousands, purge “Adam’s posse” – in just two days.
How Employees & Employers Get Bled by Health Insurance by Wolf Richter • Sep 25, 2019 • 181 Comments Something is seriously wrong with this system.
