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.
The Fed Actually Begins its QE Unwind by Wolf Richter • Nov 2, 2017 • 93 Comments But what’s happening with mortgage-backed securities?
How US Debt Slaves Get Trapped by “Deferred Interest” by Wolf Richter • Nov 2, 2017 • 78 Comments But over the next 2 months, they’ll try to prop up US retailers and the entire global economy with these credit cards.
Pickup Sales Boom, Cars get crushed, Tesla Deliveries Plunge by Wolf Richter • Nov 1, 2017 • 103 Comments Carmageddon for Tesla, Fiat Chrysler, Hyundai, and Kia.
