Factory Construction Spending Soars to New Record, +16% YoY, +242% since 2019: Result of Corporate & Strategic Rethink by Wolf Richter • Dec 2, 2024 • 63 Comments Trump’s tariffs — a tax on profit margins of US & foreign companies — will push in the same direction as Biden’s taxpayer-and-debt-funded incentives.
Americans Buy Ever Bigger, More Powerful, More Fuel-Efficient Trucks, SUVs & Cars. EVs Escalate the Horsepower War by Wolf Richter • Nov 25, 2024 • 83 Comments “The roughly linear increase in specific power” of ICE vehicles over the past 50 years “does not appear to be slowing”: EPA.
Our F-150 XLT & Camry LE Price Index, Going Back to 1990, Is Updated with 2025 Model-Year Prices. There Were Some Twists by Wolf Richter • Nov 11, 2024 • 132 Comments Ford cuts truck prices after grotesque increases in prior years. Toyota axes the base Camry; new base Camry is a more expensive hybrid.
We May Not Get Our Recession until the AI Spending Bubble Implodes by Wolf Richter • Nov 10, 2024 • 186 Comments But this stuff takes years. Until then, the massive spending from corporate balance sheets and cash flows that circulates & circulates is very stimulative.
Buffett T-bills & Chills: Piled up T-bills, Ditched Stocks, Bonds, and Share Buybacks in Q3 by Wolf Richter • Nov 2, 2024 • 102 Comments Oracle of Omaha will sit on lots of dry powder when the S hits the fan and there will finally be some stocks worth buying.
Super Micro Computer Becomes the First AI-Mania Highflyer in our Imploded Stocks by Wolf Richter • Oct 31, 2024 • 58 Comments -42% in two days, -76% from peak-AI-mania in March 2024. There is some dark humor in those kinds of charts.
Boeing Launches $22 Billion Share Offering to Get Breathing Room, Dodge Junk Credit Rating, after Having Wasted $64 Billion on Share Buybacks by Wolf Richter • Oct 28, 2024 • 130 Comments It will dilute the bejesus out of already beaten-up stockholders. Share buyback karma.
Venture Capital Slammed by Fed Tightening: Exits Blocked after IPOs & SPACs Collapsed, Distributions at Financial Crisis Lows by Wolf Richter • Oct 14, 2024 • 82 Comments Rise of Zombie VCs that stick around collecting fees as their startups run out of cash and die. The AI boom is the exception.
Ugly Q3 for ICE Vehicles. Total Q3 Sales Dropped Year-over-Year. But EV Sales Jumped, even at GM & Ford by Wolf Richter • Oct 2, 2024 • 56 Comments Prices too high, automakers too slow cutting them from the pandemic spike. Stellantis sales plunged 20%, a fiasco.
Tesla’s Global Deliveries Rise, Best Q3 Ever, But Not Enough to Fix the Shattered High-Growth Story by Wolf Richter • Oct 2, 2024 • 89 Comments Cybertruck production ramping up, starting to show up in the numbers (a little). Long way to go.
