US Home Sales Drop, Drop, Drop Despite Lower Mortgage Rates. But Mortgage Applications Jump. What Gives? by Wolf Richter • May 21, 2019 • 158 Comments Where are the foreign investors in this phenomenon?
Deutsche Bank Death Spiral Hits Historic Low. European Banks Get Re-Hammered by Wolf Richter • May 20, 2019 • 50 Comments Just bumping along the bottom, from hopeless to hope and back to hopeless.
Carmageddon Sinks Tesla’s Bonds by Wolf Richter • May 20, 2019 • 96 Comments Tesla is steeped in chaos — and chaos is absolutely the opposite what a complex manufacturing, distribution, and retail operation needs.
THE WOLF STREET REPORT by Wolf Richter • May 19, 2019 • 50 Comments What the Subprime Auto-Loan Fiasco Means.
E-Commerce Crushes Mall Retailers One by One. Here’s the Data by Wolf Richter • May 18, 2019 • 81 Comments Brick-and-mortar department stores – the lucky ones still open – are on schedule to be toast.
What Should We Make of the Global Slowdown in Manufacturing? by Wolf Richter • May 18, 2019 • 7 Comments The global slowdown in manufacturing and trade is not pretty. How will it impact the US and other major economies? Wolf Richter on This Week in Money.
How Did the US Service Sector Do in Q1? by Wolf Richter • May 17, 2019 • 45 Comments Finance & Insurance, Which Dominates the US Economy, Has Blistering Q1. Huge Services Sector Not Yet Hit by Slowdown in Goods.
Brick & Mortar Meltdown, Manhattan Style by Wolf Richter • May 16, 2019 • 116 Comments Retail space asking rents plunge as landlords try to fill scores of vacant shops. Charts by shopping corridor.
Subprime Bites: Auto-Loan Delinquencies Spike to Q3 2009 Level, Despite Strongest Labor Market in Years by Wolf Richter • May 15, 2019 • 80 Comments But what will happen to banks and automakers when the cycle turns?
The Most Splendid Housing Bubbles in Canada Deflate Further by Wolf Richter • May 15, 2019 • 57 Comments Vancouver prices drop. Toronto down 3.7% from peak, flat for 10 months. Winnipeg plunges most since at least 1990. Quebec City flat for 6 years.
