I Just Filled Out the Census Bureau Survey that Wolf Street Corp Got for the “2022 Economic Census”: Here’s what it was Like by Wolf Richter • Mar 6, 2023 • 87 Comments Completing the survey is “required by law.” Four million businesses with employees received it, including Wolf Street Corp.
Crypto Bank Silvergate Issues “Going Concern” Warning, Says Q4 Financials with $1 Billion Loss Were Fake, Loss Was Even Bigger, Frets about “Regulatory Capital Ratios” by Wolf Richter • Mar 1, 2023 • 67 Comments It just keeps getting funnier with this crypto stuff. Shares crush dip buyers after hours.
Bond Market a Tad Antsy about Inflation Not Just Vanishing? One-Year Yield Nears 5%. Mortgage Rates Back at 6.5% by Wolf Richter • Feb 13, 2023 • 157 Comments “The equity market is refusing to accept this reality”: Morgan Stanley.
SNB Cuts Holdings of All its Top 50 US Stocks in Q4: Apple Chopped by 8% since Q2. MSFT, GOOG, AMZN, TSLA, XOM, All by Wolf Richter • Feb 9, 2023 • 47 Comments Here is the list of the Swiss National Bank’s top 50 US stock holdings, and how much of each it dumped.
After Spiking 92% Today, 350% in a Month, Bed Bath & Beyond Stock Collapses Afterhours on Share Offering That’ll Dilute the Bejesus out of the Meme-Stock Crowd by Wolf Richter • Feb 6, 2023 • 105 Comments Revenues collapsed. Bankruptcy filing hangs over it. This is a money-suck. But hey, it incinerated $11.6 billion on share buybacks.
EV Competition Finally Produces Results: Ford Cuts Prices on Mustang Mach-E, after Tesla, Kia, Hyundai, Chevrolet, Nissan Cut Prices on their EVs by Wolf Richter • Jan 30, 2023 • 93 Comments EVs now start at $27,000, about $20,000 below the average new-vehicle transaction price. That’s a good thing all around. Except for stock prices.
Back-to-Back Market Smackdowns Coming from the Fed and ECB. Could Be a Hoot by Wolf Richter • Jan 28, 2023 • 258 Comments Surly frustrated central bankers telling euphoric markets that the inflation fight is far from over.
What’s Behind the Tech & Social Media Layoffs? by Wolf Richter • Jan 25, 2023 • 114 Comments Drunk with Easy Money, companies were hogging office space and workers for a future that did not come.
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.
Dip in Mortgage Rates Not Slowing Housing Bust 2: Mortgage Lenders Sing the Blues by Wolf Richter • Jan 11, 2023 • 241 Comments It just keeps getting worse.
