Used Vehicle Prices Spike to New Crazy Record in a Market Gone Nuts by Wolf Richter • Oct 7, 2021 • 126 Comments Not “temporary” yet.
The Ugly Math: GM, Ford, other Legacy Automakers Throw Hundreds of Billions at EVs, Only Auto Segment that’s Growing. Tesla Made Them Do It by Wolf Richter • Oct 6, 2021 • 218 Comments It’s a zero-sum game that’s eating up a huge amount of cash. But Electric Utilities are loving it.
New Vehicle Sales Plunge as Prices Soar amid Supply Chain Chaos, Chip Shortages, and Depleted Inventories by Wolf Richter • Oct 5, 2021 • 188 Comments Ford, whose sales plunged 18%, is suddenly No. 1 for September. That’s how bad it is.
Facebook, Instagram, WhatsApp Go Down as DNS Records Disappear under Mysterious Circumstances by Wolf Richter • Oct 4, 2021 • 155 Comments Let the conspiracy theories fly.
Suppliers in China for Apple, Tesla, Intel, Nvidia, Qualcomm, NXP, Infineon, ASE Forced to Halt Production amid Energy Crackdown by Wolf Richter • Sep 26, 2021 • 204 Comments The Everything Shortage keeps promising to keep getting worse.
Top 10 Share-Buyback Queens – Big Tech except Intel, Big Banks except Wells Fargo, Buffett – Incinerate Most Cash Ever in Q2. The Rest Lags by Wolf Richter • Sep 25, 2021 • 137 Comments Funded by Debt: Since 2012, share buybacks totaled $5.5 trillion, corporate debt soared by $4.7 trillion.
THE WOLF STREET REPORT: China’s Crackdown on Debt, Tech & Evergrande Sends Frazzled Wall Street Titans to China by Wolf Richter • Sep 19, 2021 • 237 Comments The property sector and its debts are possibly the biggest financial mess in China’s history.
World Runs Out of Weirdest Stuff: The WOLF STREET Beer Mug Shortage by Wolf Richter • Sep 18, 2021 • 160 Comments “Nothing Goes to Heck in a Straight Line,” except supply chains.
What a Collapse of China’s Evergrande Would Mean by Wolf Richter • Sep 15, 2021 • 260 Comments China hasn’t bailed out its over-indebted property developers yet, to the shock of foreign investors who’d bought their dollar bonds. Could the forced deleveraging trigger a financial crisis?
Business Travel, Conventions, Office Occupancy Stuck in Collapse: Been so Long, People Forgot What Old Normal Was by Wolf Richter • Sep 15, 2021 • 82 Comments Hotel business travel revenues expected to be down by 80% at top 20 destinations in 2021.