Fearing Contagion, Russia Bails Out Bondholders in its Biggest Bank Collapse Yet by Wolf Richter • Aug 30, 2017 • 56 Comments “The panicky mood has been dampened down,” as other banks are rumored to be teetering.
The US Cities with the Biggest Housing Bubbles by Wolf Richter • Aug 29, 2017 • 108 Comments This is how monetary policies have crushed the value of labor.
What will Harvey do to “Carmageddon?” by Wolf Richter • Aug 29, 2017 • 149 Comments How will it impact nationwide auto sales? My thoughts.
Albertsons IPO Hopes Crushed by Amazon Whole Foods Entry into Supermarket-Meltdown Price War by Wolf Richter • Aug 28, 2017 • 85 Comments Store traffic already spirals down at Albertson’s and Safeway.
Peak US Asset Prices? Japanese Acquisitions Hit Record by Wolf Richter • Aug 27, 2017 • 24 Comments Their buying binge in the US goes into the “Contrarian Indicators” category.
Adults Take Over at Uber, Cost Cutting Starts by Wolf Richter • Aug 26, 2017 • 72 Comments Suddenly taking expenses seriously before it’s too late.
Sears Revenues to Hit Zero in 3 Years. But Bankruptcy First by Wolf Richter • Aug 25, 2017 • 72 Comments This baby is going down the tubes at an ever faster speed.
San Francisco Bay Area Pending Home Sales Plunge by Wolf Richter • Aug 24, 2017 • 90 Comments Ludicrously high home prices hit end of the employment boom?
Uber Wants You to Know it’s Not Collapsing by Wolf Richter • Aug 23, 2017 • 64 Comments Total Immersion Chaos.
Fitch Threatens US with Downgrade by Wolf Richter • Aug 23, 2017 • 59 Comments Did it forget how the US government hounded Standard & Poor’s?