The Most Splendid Housing Bubbles in America: Seasonal Upticks Too Small by Wolf Richter • May 28, 2019 • 110 Comments New York condos, San Francisco, SoCal, Seattle year-over-year gains shrink to near zero. Las Vegas flat for 6th month. Miami & Phoenix at post-Housing Bust highs.
How a Low Share Price Would be Fatal for Tesla, and Why Musk Has to Pump It Up, Come Hell or High Water by Wolf Richter • May 28, 2019 • 69 Comments This is a cleaned-up transcript of my podcast on Sunday.
Busted Housing Bubble 1 Morphs into Housing Bubble 2 in Spain? by Wolf Richter • May 27, 2019 • 28 Comments Madrid, Barcelona, other markets are well on their way. But some markets are still crushed.
THE WOLF STREET REPORT by Wolf Richter • May 26, 2019 • 94 Comments How a Low Share Price Would be Fatal for Tesla, and why Musk has to pump it up, come hell or high water.
US-Traded Chinese Stocks & ADRs Totally Crushed, Many by 50% or 60% or More by Wolf Richter • May 25, 2019 • 84 Comments Bloodletting after record IPO Hype in 2018 of Chinese companies in the US.
Lousy Durable Goods Data Sink GDP Forecasts for Q2 by Wolf Richter • May 24, 2019 • 38 Comments Sign the already weak goods-based sector is getting weaker.
Here’s How I think E-Commerce Is Wiping Out Brick & Mortar by Wolf Richter • May 24, 2019 • 169 Comments One customer at a time. But I doubt there are other options.
Suddenly US Service-Sector Growth Dives, Manufacturing Gets Even Weaker by Wolf Richter • May 23, 2019 • 54 Comments Slowest growth in orders since Oct 2009. Cleanest dirty shirt gets dirtier.
My Fancy-Schmancy “Fed Hawk-o-Meter.” And the Fed Says It’ll be “Patient” with Rate Cuts, Even at “Low Inflation” by Wolf Richter • May 22, 2019 • 38 Comments The Fed introduces a new thingy about “patient” to tamp down on the clamorers on Wall Street.
Subprime Profit-Machine Hiccups: Credit-Card Charge-Offs Rise Across Banking System by Wolf Richter • May 22, 2019 • 45 Comments Impact felt by the real economy and the most vulnerable consumers.