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.
THE WOLF STREET REPORT by Wolf Richter • Nov 18, 2018 • 56 Comments Market Exuberance Ends, Pain Starts.
