Why Banks Didn’t Lend to the Repo Market When Rates Blew Out: JPMorgan CEO Dimon by Wolf Richter • Oct 15, 2019 • 89 Comments “Does that mean that we have bad markets?”
Just Weeks After the Collapse of Thomas Cook, Spain Launches First Bailout of its Huge Tourism Industry by Nick Corbishley • Oct 12, 2019 • 38 Comments “An unforeseen crisis.” Other headwinds intensify too
Carmageddon for General Motors in China: Q3 Sales Collapse 30% from 2 Years Ago by Wolf Richter • Oct 10, 2019 • 58 Comments Just how important is China to GM, its Largest Market & Once Biggest Hope for Growth?
Twitter “Unintentionally” Used Your Phone Number for Targeted Advertising by Electronic Frontier Foundation • Oct 10, 2019 • 35 Comments You give a tech company your personal information to activate a security feature and later find out they were using it “unintentionally” for targeted advertising.
How the SoftBank Scheme Rips Open the Startup Bubble by Wolf Richter • Oct 9, 2019 • 40 Comments This scheme worked wonders for a while but has now run into trouble, and a lot is at stake.
When Was Peak-Insanity of the Unicorn-Startup Bubble That’s Now Imploding? by Wolf Richter • Oct 8, 2019 • 99 Comments WeWork was just late to the defenestration party.
THE WOLF STREET REPORT: How the SoftBank Scheme Rips Open the Tech Bubble by Wolf Richter • Oct 6, 2019 • 71 Comments The biggest force behind the startup bubble in the US has been SoftBank. But the scheme has run into trouble, and a lot is at stake.
GM, Ford, BMW, VW, Honda Shift More Production to Mexico. Auto Imports Surge Despite Decline in US Sales by Nick Corbishley • Oct 5, 2019 • 86 Comments But Mexican exports to other countries plunge, tripped up by global auto slowdown.
WeWork CMBS Cause Jitters, Bonds Hit Record Low by Wolf Richter • Oct 4, 2019 • 114 Comments It’s so big: Soul searching in the Commercial Mortgage Backed Securities market.
Orders of Heavy Trucks Collapse, Layoffs Start by Wolf Richter • Oct 3, 2019 • 24 Comments “Fleets are nervous. The latest manufacturing and construction numbers are concerning. The trade issue with China looms.”
