The Most Splendid Housing Bubbles in America Deflate by Wolf Richter • Nov 27, 2018 • 68 Comments Seattle home prices drop at fastest pace since Housing Bust 1. Feeble declines in San Francisco, Denver, Portland, etc. Flat prices in others. Condo prices in NY City suddenly jump.
After Wasting $14 billion on Share-Buybacks, GM Prepares for Carmageddon & Shift to EVs, Cuts Employees, Closes 8 Plants by Wolf Richter • Nov 26, 2018 • 192 Comments A big shift, at a cost of $3.8 billion – which it now has to borrow.
THE WOLF STREET REPORT by Wolf Richter • Nov 25, 2018 • 47 Comments Will record business debt trigger a financial crisis? And what will it do to stocks?
Bitcoin Plunges to $3,738; Whole Crypto Scam Melts Down, Hedge Funds Stuck by Wolf Richter • Nov 25, 2018 • 200 Comments $714 billion have gone up in smoke.
Why I Think this Sell-Off is Just One Step in Methodical Unwind of Stock Prices by Wolf Richter • Nov 23, 2018 • 143 Comments One after the other, individual stocks are getting crushed.
438 Stocks on the NYSE Have Already Plunged 40%-94% from 52-Week Highs by Wolf Richter • Nov 22, 2018 • 37 Comments Bloodletting beneath the surface. Big names too. Here they are.
Stock-Market Margin Debt Plunges Most Since Lehman Moment by Wolf Richter • Nov 21, 2018 • 118 Comments It gets serious. Margin calls?
Subprime Rises: Credit Card Delinquencies Blow Through Financial-Crisis Peak at the 4,705 Smaller US Banks by Wolf Richter • Nov 20, 2018 • 67 Comments So what’s going on here?
FANGMAN Stocks Plunge 4.4% Today, Down $905 Billion, or 20%, since Aug. 31 by Wolf Richter • Nov 19, 2018 • 131 Comments It gets costly when the entire market depends on a handful of over-hyped mega-caps.
Mall Retailers Melt Down in Four Charts by Wolf Richter • Nov 19, 2018 • 75 Comments But e-commerce is piping hot.