Walgreens Hit by Dropping Same-Store Sales, Amazon Effect, Offers $10 billion in Financial Engineering, Shares Plunge 10% by Wolf Richter • Jun 28, 2018 • 41 Comments Brick & Mortar Meltdown: Dog of the Dow on 3rd Day in the Dow.
Beyond the Hysteria about Auto Tariffmageddon by Wolf Richter • Jun 27, 2018 • 84 Comments After decades of relentless offshoring, the equation may change for automakers and component makers.
It Gets Spiky: The Most Splendid Housing Bubbles in America by Wolf Richter • Jun 26, 2018 • 134 Comments Historic spikes in Seattle and other metros. But New York condos skid.
In 3 Days, the Last Toys ‘R’ Us Stores Die. And PE Firms Behind it? by Wolf Richter • Jun 25, 2018 • 52 Comments They Come Under “Intense Scrutiny” by the Pension Funds that Feed Them. But this too shall pass.
I’m in Awe of How Carmageddon Continues in Houston at Financial-Crisis Levels by Wolf Richter • Jun 25, 2018 • 28 Comments Where the heck is the hyped “replacement demand” from Hurricane Harvey?
Risks Pile Up Quietly in the US Corporate Bond Market by Wolf Richter • Jun 24, 2018 • 50 Comments The fear of becoming a “fallen angel.”
Bitcoin Drops to $5,860, Lowest since October 2017. True Believers with Fake Hopes Got Cleaned Out by Early Movers by Wolf Richter • Jun 24, 2018 • 127 Comments Down 70% from the peak. This is just not fun anymore.
This Deal Shows How the Junk-Credit Market is Still Irrationally Exuberant by Wolf Richter • Jun 22, 2018 • 54 Comments One of the biggest such deals ever, happening now: How investors allow a group of PE firms to extract $3.75 billion from a company after they’d already extracted billions.
Next Central Bank Puts QE Unwind on the Calendar by Wolf Richter • Jun 21, 2018 • 67 Comments The end of an era spreads.
Online Retailers Lose State Tax Subsidy by Wolf Richter • Jun 21, 2018 • 95 Comments Up to $13 billion in 2017. Brick-and-mortar gets some relief. Consumers not amused.
