It’s so big: Soul searching in the Commercial Mortgage Backed Securities market.
Signs are now all over Silicon Valley and San Francisco.
Strongest argument in favor of an air-walking economy is WeWork, Uber, Lyft, and other unicorns destined to never make a dime. Throwing billions of dollars at these losers is a recessionary harbinger.
The house cleaners come in, halt all new leases, dump side businesses, sell corporate jet, lay off thousands, purge “Adam’s posse” – in just two days.
OK, I’m going to wade into this debate — but with my boots on.
The once hot asset class of high-end student housing runs into reality.
All in next-gen corporate speak to give you the warm & fuzzies. Meanwhile, Uber hits new low, down 24% from IPO price.
Store liquidations in 2019 have blown past the full-year total of 2018. The phenomenon is proceeding with relentless momentum.
Only feeble signs of manufacturing returning to the US (you’ve got to build the plants first).
The phenomenon has reached historically huge proportions in the Everything Bubble era. But it comes in cycles – with a big impact on the real economy.