Week 3: How Lockdowns Impact Housing & Mortgage Markets by Wolf Richter • Apr 8, 2020 • 149 Comments Expensive markets face a new reality: lenders get skittish about jumbo loans.
How Lockdowns Hit U.S. New & Used Vehicle Sales: Beyond Ugly by Wolf Richter • Apr 8, 2020 • 218 Comments When the unemployment crisis exploded onto the scene three weeks ago, sales totally collapsed. What’s in store for the industry?
Another U.S. IPO of a Chinese Company Goes Bust in 11 Months by Wolf Richter • Apr 7, 2020 • 127 Comments Trading of Luckin shares now halted. Wall Street banks, which get big-fat fees, are all too happy to sell this stuff to the American public.
Preparing for the Aftermath: China’s Airlines Try to Exit Crisis, Alitalia is Nationalized, Qantas Plans 21-Hour Direct Flights by MC01 • Apr 6, 2020 • 53 Comments The situation is very fluid.
New York Fed, FDIC Tout “Opacity in a Banking Crisis” to Keep Corporations, Hedge Funds, PE Firms & Counterparties in the Dark about Weak Banks by Wolf Richter • Apr 6, 2020 • 188 Comments “Suppressing” bank balance-sheet data in a banking crisis to prevent the biggies from yanking their billions out of a weakened bank.
Trucking Skids Off the Road Entirely by Wolf Richter • Apr 3, 2020 • 81 Comments “Only good news is that the number was still positive despite the high number of cancellations.”
Estimates About the Collapse of Share Buybacks Emerge by Wolf Richter • Mar 31, 2020 • 134 Comments “The leveraged share buyback game has ended, which also means an end to the phony earnings growth.”
Post-Lockdown New Normal: Many Brick & Mortar Stores Will Not Reopen, CMBS will Default, Mess to Ensue by Wolf Richter • Mar 30, 2020 • 245 Comments Neither the Fed nor the Treasury can bail out brick-and-mortar retailers.
“Not All Airlines Will Go Bankrupt”: How Will Coronavirus Travel-Bans Impact Airbus, Suppliers, and Airlines? by MC01 • Mar 29, 2020 • 130 Comments All eyes are on China to see how air transport will change in the aftermath of the crisis.
Four Mortgage REITs Collapse After Chaos Hit Markets for Residential & Commercial Mortgage-Backed Securities by Wolf Richter • Mar 24, 2020 • 187 Comments In good Financial Crisis manner, stuff blows up despite the Fed’s effort to stem the chaos. Now hoping for taxpayer bailouts.
