San Francisco Bay Area Sheds Jobs and Workers by Wolf Richter • Jun 17, 2017 • 48 Comments Commercial and residential real estate bubbles choke the economy. The upper bounds of hype and craziness have been reached.
Amazon, the Death of Brick & Mortar, Buys into Brick & Mortar by Wolf Richter • Jun 16, 2017 • 151 Comments Shares of Wal-Mart, Kroger, Costco, Target get crushed. Whole Foods soars.
Why “Suddenly Hawkish” Yellen Brushed off the Dip in Inflation by Wolf Richter • Jun 15, 2017 • 52 Comments She did her homework. And consumers got a temporary gift.
What Happens When the Machines Start Selling? by Wolf Richter • Jun 15, 2017 • 74 Comments The death of fundamental analysis.
Markets Blow off the Fed until Next “Financial Event” by Wolf Richter • Jun 14, 2017 • 69 Comments Fed lays out plan to unwind QE by $600 billion a year. Markets shrug. But “Painful sell-offs eventually materialize…”
What Would Yellen Do, with these Retail Sales? by Wolf Richter • Jun 14, 2017 • 62 Comments The death spiral of the department store.
Sears Canada Hires Bankruptcy Advisory Firm by Wolf Richter • Jun 13, 2017 • 51 Comments Same top firm that represents Target Canada in its insolvency proceedings.
This Toxic Trifecta for Auto Loans is Fueling #Carmageddon by Wolf Richter • Jun 13, 2017 • 39 Comments Subprime Auto-Loan Backed Securities from 2015 on track to be Worst Ever.
Albertson’s Reveals Supermarket Meltdown as Global Deep-Discounters Promise Price War in Stagnating US Market by Wolf Richter • Jun 12, 2017 • 125 Comments Aldi’s $5 billion bet at a brutal time.
Is the Chain-Restaurant Recession Becoming Structural? by Wolf Richter • Jun 12, 2017 • 110 Comments A 15-month downturn, longest since 2009, and no end in sight. What gives?