Murky Business of Chinese Merchandise on Amazon’s US Site by Wolf Richter • Nov 11, 2019 • 130 Comments Its China team “saw increasing patterns of fraud, counterfeits and unsafe products.” But US consumers have no clue where the sellers are and where the products came from.
Months After Takeover, European Supermarket Giant Dia Discloses Huge Losses, Plunging Revenues, Soaring Debt by Nick Corbishley • Nov 7, 2019 • 36 Comments Russian billionaire rues the day he bought it. “We should have been more cautious and done our due diligence better.”
What Heavy Trucks Are Saying by Wolf Richter • Nov 5, 2019 • 30 Comments “I do believe that in North America it is a cyclical downturn”: Cummins COO.
Leveraged-Loan Downgrades Spike, Collateralized Loan Obligations Get Cold Feet, Selloff in B-Rated Loans Ensues by Wolf Richter • Nov 4, 2019 • 61 Comments “Sell first, ask questions later.”
Uber Loses Another $1.2 billion, Stock Dives Again by Wolf Richter • Nov 4, 2019 • 82 Comments Burning cash is easy; It’s quite flammable and just goes up in smoke.
THE WOLF STREET REPORT: What’s Behind the Fed’s Bailout of the Repo Market? by Wolf Richter • Nov 3, 2019 • 104 Comments Whose Bets are Getting Bailed Out by the Fed’s Repos & Treasury Bill Purchases?
What Will Stocks Do When “Consensual Hallucination” Ends? by Wolf Richter • Oct 30, 2019 • 147 Comments The phenomenon works – until it doesn’t. What’s astonishing is how long it works.
Tesla Discloses US Revenues Collapsed 39%. Americans Sour on its Cars, Pent-Up Demand Exhausted by Wolf Richter • Oct 29, 2019 • 192 Comments This is a holy-cow moment.
“Run on the Fund”: The Big Risk of Bond Mutual Funds. What to Look For and What to Do by Wolf Richter • Oct 28, 2019 • 60 Comments “First-Mover Advantage” in a “Liquidity Mismatch”: How slow-poke investors in conservative-sounding mutual funds can get their faces ripped off.
THE WOLF STREET REPORT: What Will Stocks Do When “Consensual Hallucination” Ends by Wolf Richter • Oct 27, 2019 • 118 Comments What’s astonishing is how long it lasts.
