How Many People Were Actually Laid Off So Far in San Francisco and Silicon Valley? by Wolf Richter • Jan 24, 2023 • 85 Comments The WARN filings, by company.
Subprime Auto-Loan Delinquencies Rise to 2019 Levels: a Dive into Subprime Lending and Securitizations by Wolf Richter • Jan 23, 2023 • 67 Comments Surge of delinquencies not caused by unemployment, but by taking Big Risks, hoping for Big Profits, and getting slapped, just as in 2019.
THE WOLF STREET REPORT: What’s Behind the Mass Layoffs in Tech & Social Media by Wolf Richter • Jan 22, 2023 • 151 Comments Drunk with Easy Money, companies were hogging office space and workers for a future that did not come.
Prices of Existing Homes Fall 11% from Peak. Sales Hit Lockdown Low. Cash Buyers and Investors Pull Back Hard by Wolf Richter • Jan 20, 2023 • 302 Comments Priced right, any home will sell. But sellers are not wanting to price their homes right.
Inflation Spikes to 41-Year High in Japan. BOJ’s Stubborn & Reckless Kuroda Lets it Rip by Wolf Richter • Jan 20, 2023 • 65 Comments But the architect of Abenomics will be outa there in April.
Residential Construction Splits: Multifamily Starts in 2022 Jump to Highest since 1980s Boom, Single-Family Starts Drop by Wolf Richter • Jan 19, 2023 • 147 Comments What this means going into the slowdown.
San Francisco Bay Area House Prices Plunge 30% from Crazy Peak: Housing Bust 2 by Wolf Richter • Jan 19, 2023 • 201 Comments Hammered by waves of layoffs, swooning stocks, collapsing cryptos, and 6% mortgage rates.
Falling Prices of Goods Push Down Retail Sales (as Inflation Shifted Massively to Services) by Wolf Richter • Jan 18, 2023 • 83 Comments Not seasonally adjusted, and despite the price drops, total retail sales and ecommerce sales hit records.
The Most Splendid Housing Bubbles in Canada, January Update: Prices Plunged, Housing Bust Gets Real by Wolf Richter • Jan 17, 2023 • 122 Comments He who panicked first, panicked best? Some charts are just kind of funny.
Natural Gas Futures in Europe Plunge 15% Today, Down 84% from Crazy Spike by Wolf Richter • Jan 16, 2023 • 87 Comments LNG Glut in China, suddenly?
