“Wall Street Biggest Banks Shamelessly Try to Use Coronavirus to Get Federal Reserve to Weaken Rules”: Better Markets by Wolf Richter • Mar 2, 2020 • 134 Comments At first, banks leveraged the repo market to force the Fed to ease liquidity & capital rules; now they leverage the coronavirus. Whatever it takes.
Just How Bad Is It Going to Get for US Airlines? by Wolf Richter • Mar 2, 2020 • 123 Comments “We are preparing for the possibility of further reductions to our schedules as the virus spreads.”
Muddy Waters’ Short-Target NMC Health, a FTSE 100 Company, Admits Doctoring Accounts on Massive Scale. Shares Suspended by Nick Corbishley • Feb 29, 2020 • 72 Comments “Even more damning than our initial report”: Carson Block of Muddy Waters.
“Nothing Goes to Heck in a Straight Line,” Not Even Stocks Today by Wolf Richter • Feb 28, 2020 • 225 Comments Wow, what a day, what a week, what a 15-minute spike at the end!
Airline Stocks, Battered by Coronavirus & Boeing 737 MAX, Plunge to Four-Year Low by Wolf Richter • Feb 27, 2020 • 73 Comments Boeing got battered too but not nearly enough. Introducing my SADJAUS stock index tracking the 7 largest US airlines.
Unicorns & Non-Unicorns Hung Out to Dry: As SoftBank Licks its Wounds, Startup Funding Fizzles, Shutdowns & Layoffs Spread by Wolf Richter • Feb 25, 2020 • 155 Comments The out-of-money moment is here. The party is over. But it sure was fund, so to speak, while it lasted.
Stocks Plunge (or Dip?), Traders Confused: This Wasn’t Supposed to Happen. Complacency Exacts its Toll by Wolf Richter • Feb 24, 2020 • 206 Comments The coronavirus is just the latest in a long series of issues successfully brushed off as irrelevant because all that mattered was that stocks went up.
So That’s the End for Air Italy. And More Airline Money-Pits by MC01 • Feb 22, 2020 • 77 Comments Throwing good money after bad as a business model.
California Auto Woes: New-Vehicle Registrations Fall for 3rd Year, -9.5% from 2016. Bay Area Hit Hardest. Q4 Was Ugly, with Tesla Plunging 46%. But Used-Vehicle Market Grows by Wolf Richter • Feb 21, 2020 • 174 Comments Market share of EVs reaches 5.3%. The registrations data is out in all its glorious detail.
Ecommerce Spikes by Most Ever. Brick & Mortar Melts Down. Department Stores are Toast by Wolf Richter • Feb 20, 2020 • 183 Comments What’s astounding many people: ecommerce growth is not leveling off, but keeps surging at blistering rates.
