Known Stock Market Leverage Hits WTF High. Out the Other Side of its Mouth, the Fed Warns about Hidden Leverage that Blew up Archegos by Wolf Richter • May 18, 2021 • 220 Comments Margin debt is just the visible tip of the iceberg of leverage, and it reached the zoo-has-gone-nuts level.
Slowly But Not Surely: Airline Leisure Travelers Coming Back, But Not Business Travelers. International Still Crushed by Wolf Richter • May 17, 2021 • 76 Comments Enormous uncertainty about the structural change in the lucrative business travel segment.
The Most Hyped Corners of the Stock Market Come Unglued by Wolf Richter • May 11, 2021 • 206 Comments SPACs, EV SPACs in particular, IPOs, stocks in the ARK ETF, such as Tesla…
Now Even Google Caves under Demand for Permanent Work from Home, Another Blow to Bay Area Office Market by Wolf Richter • May 5, 2021 • 139 Comments “The future of work is flexibility,” CEO Pichai told employees today.
The Dynamics Behind the Ugly Amount of Empty Office Space by Wolf Richter • May 4, 2021 • 127 Comments This sort of sudden structural collapse in demand for office space raises some existential questions for landlords.
Intel & TSMC on Chip Shortage: After Blowing $84 Billion on Share Buybacks since 2011 and Now Woefully Behind, Intel Clamors for $50 Billion in Subsidies for US Chip Industry by Wolf Richter • May 3, 2021 • 292 Comments “We will not be anywhere near as focused on buybacks going forward as we have in the past”: Intel’s new CEO.
The WTF Charts of the EV SPAC Hype Boom Are Imploding Spectacularly by Wolf Richter • Apr 20, 2021 • 159 Comments Getting massacred on the edge of the stock market.
Riskiest Junk-Rated Companies Borrow at Lowest Cost Ever amid Torrid Yield Chasing. AMC Bonds Sell at a Premium by Wolf Richter • Apr 20, 2021 • 63 Comments Commercial bankruptcy filings drop to lows last seen in the loosey-goosey days just before the Financial Crisis.
Stock Market Leverage in La-La Land, Rises to Historic WTF High by Wolf Richter • Apr 17, 2021 • 258 Comments Archegos shows how leverage is the great accelerator of stock prices on the way up, and on the way down. One of its bets, ViacomCBS collapsed by 60%.
Mexico’s War on Obesity Sends Global Junk-Food & Sugary-Drink Giants Scrambling by Nick Corbishley • Apr 13, 2021 • 130 Comments The Pandemic strengthened the resolve to fight obesity.
