Lower Mortgage Rates No Relief for US Home Sales by Wolf Richter • Apr 22, 2019 • 93 Comments There is plenty of supply, but it’s the wrong supply, priced too high.
THE WOLF STREET REPORT by Wolf Richter • Apr 21, 2019 • 89 Comments Can the US Government Just Keep Piling on Debt?
California’s Housing Bubble Counts on Blistering Population Growth, But it’s Fizzling by Wolf Richter • Apr 19, 2019 • 112 Comments Los Angeles population drops, San Francisco & Silicon Valley population rises least since 2010, North Bay’s population drops.
Here Are Sears Holding’s Five “Fraudulent Transfers” and Why “Culpable Insiders” Lampert, Mnuchin, et. al Got Sued by Wolf Richter • Apr 18, 2019 • 63 Comments Greed and scheming dominated the five deals: SHO, the spinoffs of Orchard, Sears Canada, Lands’ End, and the putrid Seritage deal.
WOLF STREET Meetup in San Francisco Etched in Stone: April 30 by Wolf Richter • Apr 17, 2019 • 68 Comments Nearly 100 readers have already said they’re planning to join us. It’s free. It’ll be a blast. There is room for more. Here are the details.
House Prices in 12 of California’s Most Expensive Coastal Counties Fell in March from a Year Ago. Here are the Charts by Wolf Richter • Apr 17, 2019 • 67 Comments Despite “the lowest interest rates in more than a year.”
What J.B. Hunt Just Said About the U-Turn in Trucking by Wolf Richter • Apr 16, 2019 • 73 Comments Largest US Trucking Company: “Volume, or lack thereof, is obviously the main story.” The inventory pile-up hurts. And the driver shortage is ending.
Who Bought the Huge $1.26 Trillion of New US Government Debt over the Past 12 Months? by Wolf Richter • Apr 15, 2019 • 66 Comments There was strong appetite. Only the Fed shed them. Here’s who bought.
China EV Manufacturing Bubble Faces Getting Bludgeoned by Wolf Richter • Apr 15, 2019 • 52 Comments There are now 486 EV manufacturers in China, triple from two years ago. Most will disappear.
THE WOLF STREET REPORT by Wolf Richter • Apr 14, 2019 • 73 Comments The Biggest Risk for Stocks: The moment share buybacks get slashed.