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.
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.
