THE WOLF STREET REPORT by Wolf Richter • Mar 17, 2019 • 76 Comments What’s Really Causing the Gigantic US Trade Deficit? It’s not China…
Steinhoff Committed $7.4 Billion in Fraud (at least). Here’s How by Wolf Richter • Mar 16, 2019 • 88 Comments It’s not often that we get to see the details of how companies commit $7.4 billion worth of fraud.
Tesla’s Mess at the Top: Moody’s Gets Nervous by Wolf Richter • Mar 15, 2019 • 91 Comments Decision-Making Chaos and Epic Strategy Flip-Flops.
The Most Splendid Housing Bubbles in Canada Deflate by Wolf Richter • Mar 14, 2019 • 127 Comments How do they stack up against the most splendid housing bubble in America? Holy cow!
E-Commerce is Wiping Out Mall Retailers One by One. Here’s the Data by Wolf Richter • Mar 13, 2019 • 100 Comments Department store sales hit a new record low in the data going back to 1992.
US Banks Report $251 billion of “Unrealized Losses” on Securities Investments in 2018, the Most Since 2008: FDIC by Wolf Richter • Mar 12, 2019 • 21 Comments And other juicy banking nuggets.
Demand for HELOCs Collapses to 15-Year Low by Wolf Richter • Mar 11, 2019 • 100 Comments American homeowners have learned a lesson, despite what banks and the Fed want them to do.
Formerly Red-Hot Retail Sales Fizzle Back to Normal by Wolf Richter • Mar 11, 2019 • 55 Comments But back to “normal” hurts after a good run.
THE WOLF STREET REPORT by Wolf Richter • Mar 10, 2019 • 75 Comments The Risks of American Consumer Debt Hide Beneath the Averages.
State of the World’s Biggest Debt Slaves: Americans Wimp Out in 11th Place by Wolf Richter • Mar 9, 2019 • 131 Comments And where do Chinese consumers fit in?