4 Months of Carmageddon in the EU Wipe Out Gains for 2018 by Wolf Richter • Jan 16, 2019 • 2 Comments Ford is big loser, Hyundai-Kia big winner, and Opel is someone else’s problem.
China’s Consumers Rattle Global Automakers as Sales Plunge by Wolf Richter • Jan 14, 2019 • 53 Comments Welcome to the Big Club of Saturation & Decline.
Bankruptcy Next, PG&E Says. Shares Down 90% in 15 Months. From “Investment Grade” to “Default” in Three Weeks? by Wolf Richter • Jan 14, 2019 • 86 Comments California’s rate payers & taxpayers likely on the hook, as we know from PG&E’s first bankruptcy in 2001.
The Brick & Mortar Meltdown at Movie Theaters. But a Few Movies Still Make it Big by Wolf Richter • Jan 13, 2019 • 81 Comments Tickets are expensive. Alternatives are plentiful, convenient & cheap.
Oops, SpaceX to Lay Off 10% of its Employees after Funding Fiasco in November by Wolf Richter • Jan 11, 2019 • 70 Comments What SpaceX is trying to do has “bankrupted other organizations,” it said.
THE WOLF STREET REPORT by Wolf Richter • Jan 6, 2019 • 40 Comments Nothing Goes to Hell in a Straight Line, not even on Wall Street.
Trucking Boom Ends, Next Phase in Cycle Starts by Wolf Richter • Jan 5, 2019 • 28 Comments This is a very cyclical business.
Markets Are in a Tizzy. So What Will the Fed Do? by Wolf Richter • Jan 3, 2019 • 111 Comments Investors are waking up after years of somnolent money-making.
iPhone Sales Croak, China’s Economy Deteriorating Faster than Expected, Apple Warns. Shares Plunge by Wolf Richter • Jan 2, 2019 • 181 Comments “We did not foresee the magnitude of the economic deceleration,” it said, starting the year out on the right foot.
Long-Term “Buy & Hold” Crushed Stockholders in Largest Markets Except US & India. But for the US, Luck’s Running Out by Wolf Richter • Jan 1, 2019 • 99 Comments Ugly long-term charts that Wall Street doesn’t want us to see. And now US stocks are infected too.
