Oops, SpaceX to Lay Off 10% of its Employees after Funding Fiasco in November by Wolf Richter • Jan 11, 2019 • 70 Comments What SpaceX is trying to do has “bankrupted other organizations,” it said.
THE WOLF STREET REPORT by Wolf Richter • Jan 6, 2019 • 40 Comments Nothing Goes to Hell in a Straight Line, not even on Wall Street.
Trucking Boom Ends, Next Phase in Cycle Starts by Wolf Richter • Jan 5, 2019 • 28 Comments This is a very cyclical business.
Markets Are in a Tizzy. So What Will the Fed Do? by Wolf Richter • Jan 3, 2019 • 111 Comments Investors are waking up after years of somnolent money-making.
iPhone Sales Croak, China’s Economy Deteriorating Faster than Expected, Apple Warns. Shares Plunge by Wolf Richter • Jan 2, 2019 • 181 Comments “We did not foresee the magnitude of the economic deceleration,” it said, starting the year out on the right foot.
Long-Term “Buy & Hold” Crushed Stockholders in Largest Markets Except US & India. But for the US, Luck’s Running Out by Wolf Richter • Jan 1, 2019 • 99 Comments Ugly long-term charts that Wall Street doesn’t want us to see. And now US stocks are infected too.
THE WOLF STREET REPORT by Wolf Richter • Dec 30, 2018 • 74 Comments How the Corporate Debt Bubble Will Crush Stocks.
“Leveraged Loans” Bite: Record-Bad Year-End for Loan Mutual Funds & ETFs by Wolf Richter • Dec 28, 2018 • 34 Comments Forced selling in the once red-hot $1.3-trillion “leveraged loan” market.
China’s Startup Bubble Runs Aground by Wolf Richter • Dec 27, 2018 • 77 Comments “It now appears bike sharing is the stupidest business, but the smartest brains of China all tried to get in,” said Wu Shenghua, founder of one of the collapsed bike-share companies. “It really now seems ridiculous.”
Government Shutdown Stops Nasty Housing Data in its Tracks by Wolf Richter • Dec 27, 2018 • 29 Comments Homebuilders, a bedraggled bunch, breathe a sigh of relief, but get crushed anyway.