Markets Are in a Tizzy. So What Will the Fed Do? by Wolf Richter • Jan 3, 2019 • 111 Comments Investors are waking up after years of somnolent money-making.
iPhone Sales Croak, China’s Economy Deteriorating Faster than Expected, Apple Warns. Shares Plunge by Wolf Richter • Jan 2, 2019 • 181 Comments “We did not foresee the magnitude of the economic deceleration,” it said, starting the year out on the right foot.
The Housing Bust in Sydney & Melbourne, Oh My! by Wolf Richter • Jan 2, 2019 • 45 Comments But it wasn’t the central bank that pricked the bubble; its interest rate is at a record low!
Long-Term “Buy & Hold” Crushed Stockholders in Largest Markets Except US & India. But for the US, Luck’s Running Out by Wolf Richter • Jan 1, 2019 • 99 Comments Ugly long-term charts that Wall Street doesn’t want us to see. And now US stocks are infected too.
US Dollar Status as Global Reserve Currency? by Wolf Richter • Dec 31, 2018 • 115 Comments To diminish the dollar’s role as a global reserve currency, central banks would have to dump the dollar. So, let’s see.
THE WOLF STREET REPORT by Wolf Richter • Dec 30, 2018 • 74 Comments How the Corporate Debt Bubble Will Crush Stocks.
Carmageddon for New Cars, But Used Cars are Hot by Wolf Richter • Dec 29, 2018 • 119 Comments The price of going upscale: New cars are too damn expensive, and Americans aren’t buying them anymore.
“Leveraged Loans” Bite: Record-Bad Year-End for Loan Mutual Funds & ETFs by Wolf Richter • Dec 28, 2018 • 34 Comments Forced selling in the once red-hot $1.3-trillion “leveraged loan” market.
US Housing Market to Get Uglier in Near Future by Wolf Richter • Dec 28, 2018 • 79 Comments Sales decline to steepen, no respite in sight.
China’s Startup Bubble Runs Aground by Wolf Richter • Dec 27, 2018 • 77 Comments “It now appears bike sharing is the stupidest business, but the smartest brains of China all tried to get in,” said Wu Shenghua, founder of one of the collapsed bike-share companies. “It really now seems ridiculous.”