Next Phase of Carmageddon: the Banks by Wolf Richter • Nov 9, 2017 • 71 Comments Banks have started to tighten lending standards for prime and subprime borrowers, and it shows.
The Cities in Silicon Valley with the Biggest Housing Bubbles by Wolf Richter • Nov 8, 2017 • 57 Comments How much home prices have surged past the prior bubble! But household incomes got left behind, even in Silicon Valley.
How Snap Just Gave a Middle Finger to its Voteless Shareholders by Wolf Richter • Nov 8, 2017 • 34 Comments They don’t need to know, Snap says. Tencent rues the day it bought a 12% stake.
How Can a Company Once Worth $30B Lose $443M on Just $208M in Revenues? Here’s How by Wolf Richter • Nov 7, 2017 • 68 Comments This is where hype (and money) goes to die.
Tax Cuts will Balloon US Debt to 120% of GDP, but Boost to Economy will be “Short-Lived” by Wolf Richter • Nov 7, 2017 • 57 Comments US is the “most indebted AAA-country” and runs “the loosest fiscal stance,” but the dollar as Reserve Currency still props it up: Fitch
San Francisco House Prices Go Nuts, Condo Prices Stall by Wolf Richter • Nov 6, 2017 • 37 Comments A record luxury-volume spike in October.
Brick-and-Mortar Meltdown Sinks Property Prices by Wolf Richter • Nov 6, 2017 • 64 Comments Other sectors are weak too, but one sector is hot.
The New Fed Could Be Off the Charts by Wolf Richter • Nov 5, 2017 • 61 Comments Dudley to Quit. Potentially 5 vacancies to fill on the FOMC. No one knows what the Fed will look like next year.
US Gross National Debt Spikes by $640 billion in 8 Weeks by Wolf Richter • Nov 4, 2017 • 97 Comments But the debt-ceiling charade is back.
Malls and their Hapless Investors Keep Getting Crushed by Wolf Richter • Nov 3, 2017 • 63 Comments (Creative) Destruction in the brick-and-mortar meltdown.
