What’s Going On in the Used Car & Truck Market? by Wolf Richter • Aug 9, 2018 • 72 Comments As “affordability challenges” hit new vehicles, consumers switch to used, prices spike to record, inflation psychology sets in.
The State of the American Debt Slaves, Q2 2018 by Wolf Richter • Aug 8, 2018 • 132 Comments Let the good times roll.
Cyclical Heavy-Truck Industry Soars to Cloud 9 by Wolf Richter • Aug 8, 2018 • 23 Comments “It is a bizarre occurrence and it will not be resolved soon.”
This is Precisely Why I’ve Been Saying: Don’t Short Tesla or Anything in This Crazy Market by Wolf Richter • Aug 7, 2018 • 157 Comments CEO goes nuts, spaghetti-code algos & consensually hallucinating humans lap it up.
Mattress Firm Considers Bankruptcy to Get Out of its Real Estate Scams by Wolf Richter • Aug 6, 2018 • 73 Comments This is so thick it’s hard to believe. It’s far beyond just a Brick & Mortar Meltdown.
It Just Doesn’t Let Up with Wells Fargo by Wolf Richter • Aug 6, 2018 • 82 Comments A Friday-afternoon-in-August disclosure. Here’s its rap sheet of ongoing official scandals.
Housing Bubbles Are Dangerous, That’s Why Canada is Finally Trying to Tamp Down on Them. And the US? by Wolf Richter • Aug 4, 2018 • 30 Comments The underlying dynamics are similar, but the approach is different.
Have Rising Gas Prices & Uber’s Serial Fiascos Impacted the Desire to Become an Uber Driver? by Wolf Richter • Aug 4, 2018 • 46 Comments But there’s a bottom for everything.
Update on the Rental Bubbles & Crashes in US Cities by Wolf Richter • Aug 2, 2018 • 36 Comments Asking rents spiral down in Chicago & Honolulu, come unglued in Washington DC, drift lower in New York City, but see double-digit surges in Southern California and many less expensive markets.