Margin Debt Drops for First Time since March 2020, After Crazy Spike by Wolf Richter • Aug 16, 2021 • 68 Comments In the stock market, rising leverage fuels buying pressure; declining leverage fuels selling pressure.
Antitrust Bombshells in the Fine Print: Executive Order on Promoting Competition in the American Economy by Electronic Frontier Foundation • Aug 14, 2021 • 225 Comments It’s a bombshell, because it links antitrust to concerns beyond ensuring that prices stay low.
AMC Sold Three Times More Shares than Movie Tickets in Q2, Revenues Down 70% from Q2 2019, as Business Model Collapsed by Wolf Richter • Aug 9, 2021 • 95 Comments It should just forget about selling movie tickets, and stick to selling its shares to future meme-stock billionaires.
New Vehicle Sales Slammed by Semiconductor Shortage, Record Low Inventories, Beginnings of Buyers’ Strike by Wolf Richter • Aug 4, 2021 • 147 Comments Frustrated by lack of choice and puffed-up prices, many customers walked.
Steamy Rent Inflation in Single-Family Suburban Houses: Invitation Homes Jacks Up Rents Big Time on its 80,000 Houses by Wolf Richter • Jul 30, 2021 • 209 Comments It isn’t buying whole neighborhoods; it’s buying whole new subdivisions of built-to-rent houses.
The Zoo Has Gone Nuts: PayPal Will Give Me $25 if I Buy Cryptos by Wolf Richter • Jul 28, 2021 • 131 Comments Ah, hefty “fees” & fat “spreads.” But wasn’t the promise of bitcoin to buy stuff without using fiat currency payment systems such as PayPal?
After Slashing 33% of Workers in 6 Years, Railroads Complain about Labor Shortages, amid Uproar over Slow Shipments by Wolf Richter • Jul 22, 2021 • 237 Comments “No way did I realize how difficult it was going to be to try and get people to come to work these days”: CEO of CSX.
Creditors Foreclose on Another Mall of Simon Property Group, Face Massive Loss by Wolf Richter • Jul 21, 2021 • 147 Comments As largest mall landlord in the US sheds its malls, CMBS holders, such as bond funds and pension funds, take the losses.
“No Resistance” to Price Increases by Wolf Richter • Jul 20, 2021 • 304 Comments The Restaurant Industry Reacts to a Messed-Up Economy Plagued by Shortages & Transportation Snags.
Did People Use their Stimulus to Start a Business? The Spike in New Businesses, one of the Mindblowers of the Pandemic by Wolf Richter • Jul 15, 2021 • 116 Comments Now it’s confirmed, it wasn’t for PPP-loan fraud.
