Tesla Not Added to S&P 500 Index, Shares Plunge After-Hours: Triple-WTF Chart of the Year Turns into Sharp Spike by Wolf Richter • Sep 4, 2020 • 148 Comments Four Days of Free-Fall Mania. Dream goes up in smoke. Passed over by Etsy, Teradyne, and Catalent.
Wall Street’s New Meme: Selloff is “Good News for Tech Stocks” after Robinhood Call-Options Traders Are Properly Wiped Out by Wolf Richter • Sep 4, 2020 • 108 Comments If stocks made a sudden connection to the worst economy in a lifetime, after having been disconnected for months, that would be a disaster, however.
Work from Home Gets Entrenched: Embraced by Workers & Businesses in the UK, it’s Upending Real Estate, Retail, Restaurants, Bars, Cafés by Nick Corbishley • Sep 3, 2020 • 99 Comments “The contract between society and business has changed forever.”
Tesla, the Triple-WTF Chart of the Year: Just Put Your Brain on Tesla Autopilot and Believe in It by Wolf Richter • Aug 31, 2020 • 233 Comments I’m in awe of how a tiny automaker with less than 1% global market share is a Supernatural Phenomenon and the 7th most valuable US stock.
The Zombie Companies Are Coming by Wolf Richter • Aug 26, 2020 • 84 Comments Easy money is a curse for capitalism (transcript of my podcast).
Airlines, Trying to Dodge Bankruptcy with Air Travel Still Down 70%, Threaten Oct. Jobs Massacre Unless they Get 2nd Bailout by Wolf Richter • Aug 26, 2020 • 130 Comments “Unfortunately, we see few catalysts over the next six months to meaningfully change this trajectory”: Delta.
Jingle Mail for Malls: Even Biggest Landlords Walk from Malls as Stores Go Bankrupt, Refuse to Pay Rent, Mall Values Slashed Brutally. But those Shorting Mall CMBS Made a Killing by Wolf Richter • Aug 24, 2020 • 158 Comments Mall meltdown gets messier. But someone’s making money. Here’s how they shorted malls.
Used Car & Truck Market Turmoil Mauls Freshly IPO-ed Unicorn Online Car Dealer Vroom. Shares -20% by Wolf Richter • Aug 12, 2020 • 65 Comments And how did the pros at CarMax do in the Crisis?
Corporate Bond & Junk Bond Markets Driven into Foaming-at-the-Mouth Exuberance by Fed Jawboning about Huge Purchases. But it Actually Bought Just Tiny Amounts by Wolf Richter • Aug 11, 2020 • 74 Comments Here are the details on its purchases and holdings in July.
No, Americans Aren’t Suddenly Flying Again, Despite What the Media Said Today to Boost Stocks of Airlines and Boeing by Wolf Richter • Aug 10, 2020 • 102 Comments But another $25-billion taxpayer bailout is tucked into the stimulus package. The stock market loves bailouts and hates the effects of capitalism.
