Forced End of “Ponzi-Like Leverage” & “Fraudulent Lending” Turns Australia’s House Price Bubble into “Property Bloodbath” by Wolf Richter • Feb 20, 2019 • 111 Comments What banks & housing markets in Sydney and Melbourne are facing in 2019.
What Trucking & Freight Just Said About the Goods-Based Economy in the US by Wolf Richter • Feb 19, 2019 • 59 Comments Something has to give.
Why WOLF STREET is Still Free and Not Behind a Paywall Though You Have to Put Up with Ads and I Make (Maybe) Less Money by Wolf Richter • Feb 18, 2019 • 315 Comments A no-brainer gets rejected. This is likely my last gig, and I want to do what I love doing. But the advertising-based model is teetering.
THE WOLF STREET REPORT by Wolf Richter • Feb 17, 2019 • 57 Comments What’s Causing the Subprime Auto Loan Fiasco?
I Was Asked About J.P. Morgan’s Blockchain-Based “JPM Coin.” I Ruthlessly Expand it to Other Payment Systems by Wolf Richter • Feb 16, 2019 • 74 Comments Are banks trying to send credit-card-processing fee-gougers Visa, MasterCard et al. the way of Friendster?
This Retailer Bankruptcy Will Lead to the Largest Liquidation by Store Count in the US. Liquidation Sales to Start Next Week by Wolf Richter • Feb 15, 2019 • 117 Comments Brick-and-Mortar Meltdown for its new shareholders: All of them PE firms.
Worried about Costs & Slowdown? Amazon Scuttles HQ2 Altogether, Plunges NY City Real Estate Industry “Into Despair” by Wolf Richter • Feb 14, 2019 • 142 Comments Prudent cost-cutting move artfully dressed up as response to local politicians that had railed against the $3-billion corporate welfare package.
Why I’m Not in Panic Just Yet over the “Dreadful” Retail Sales that “Fell Most Since 2009,” But Nervously Look at the Trend by Wolf Richter • Feb 14, 2019 • 56 Comments Consumer exuberance maxed out last summer and has since changed direction.
Reverse Sticker Shock? No Inflation for New Vehicles for 22 Years, Says Consumer Price Index, as Taurus Prices Soared 55% by Wolf Richter • Feb 13, 2019 • 110 Comments But then there’s the “average transaction price.”
Mortgage Applications Drop Despite Lower Mortgage Rates: Industry is Baffled by Wolf Richter • Feb 13, 2019 • 66 Comments The hope in early January has been unwound.