What the Heck’s Going on in San Francisco’s Housing Market? by Wolf Richter • Jul 9, 2018 • 64 Comments After the blistering spike earlier this year.
Nuts & Bolts of the Car Business: Tariffs, Subprime Defaults, EVs, Buy New or Used, & Why I Drive a Gas Guzzler (Ha!) by Wolf Richter • Jul 8, 2018 • 2 Comments A wide-ranging interview on the auto industry, housing, retail, and more.
Update on the Fed’s QE Unwind by Wolf Richter • Jul 6, 2018 • 94 Comments With QE, the Fed created money to buy securities and pump up asset prices; now it sheds securities to destroy this money.
Heavy-Truck Orders Explode, Trucking Companies Struggle with “Capacity Crisis,” Truck Makers & Supply Chains are Inundated, Backlog is Ballooning, But it’s a Cyclical Business by Wolf Richter • Jul 6, 2018 • 42 Comments “Fleets are desperate for more equipment, but trucks are in short supply due to the supplier constraints.”
As the Yield Curve Flattens, Threatens to Invert, the Fed Discards it as Recession Indicator by Wolf Richter • Jul 5, 2018 • 51 Comments This Fed is getting seriously hawkish: It revealed that instead of thinking about backing off rate hikes, it’s replacing the yield curve.
Bank of Japan Takes Away Punch Bowl, Balance Sheet Declines by Wolf Richter • Jul 4, 2018 • 35 Comments Was “QQE” just a pretext for bringing the government bond market under absolute control to avoid a Greek-style debt crisis?
Here’s Why Vacant Stores, Zombie Malls Are Much Bigger than Mall Vacancy Rates Indicate by Wolf Richter • Jul 3, 2018 • 120 Comments Zombie malls and shuttered stores don’t count.
PwC Hit with $625 Million in Damages for Negligence in Bank-Fraud Case Brought by the FDIC by Wolf Richter • Jul 2, 2018 • 63 Comments When it gets too complicated for senior auditors, send in a “college-aged intern.”
Update on Deflating Property Bubbles in Sydney & Melbourne by Wolf Richter • Jul 2, 2018 • 39 Comments “Recent home buyers could be facing negative equity”: CoreLogic.
US Dollar Hegemony Tripped Up by Chinese Renminbi? by Wolf Richter • Jul 1, 2018 • 73 Comments Um, no. Central banks not enthusiastic about the renminbi.
