Finance & Insurance Hit it Out of the Ballpark, No Slowdown in the Huge Services Sector by Wolf Richter • Mar 21, 2019 • 65 Comments There cannot be a recession without a pullback in services.
Fed’s New Balance Sheet Plan: Get Rid of MBS by Wolf Richter • Mar 20, 2019 • 116 Comments In relationship to GDP, the balance sheet will continue to shrink until some magic unknown point is reached.
Risks of Financial Instability “Appear to Be Elevated But Contained”: Australia’s Central Bank on Housing Bust by Wolf Richter • Mar 20, 2019 • 44 Comments Crackdown on lending shenanigans and bank misconduct plus an onslaught of new condos at worst possible time worry the RBA.
What FedEx Just Said About Europe and China by Wolf Richter • Mar 19, 2019 • 52 Comments “Asia volume weakness, which we experienced during peak season, deepened post Chinese New Year.”
Views of “Current Economic Conditions” in Germany Drop to Euro Debt-Crisis Level by Wolf Richter • Mar 19, 2019 • 68 Comments But expectations & hopes for the next 6 months rise to less negative.
US Freight Volume Drops by Wolf Richter • Mar 18, 2019 • 45 Comments The services sector better hang in there.
That Didn’t Last Long: Cboe Bails on Bitcoin Futures Trading by Wolf Richter • Mar 18, 2019 • 47 Comments The incredibly impeccable timing of launching bitcoin futures at the very peak of the bubble.
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.