Here’s Where Retail Sales Spiked and Collapsed in 11 Mind-Blowing Charts of Lockdown Land by Wolf Richter • Apr 15, 2020 • 165 Comments But department stores will never recover; they were toast before the lockdowns.
From Panic-Buying to Lockdowns of Eateries & Manufacturing: Truckers, Railroads Face Supply Chain Turmoil, Spikes & Plunges by Wolf Richter • Apr 14, 2020 • 168 Comments “There has been a clear divide between winners and losers.”
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?
Foretaste of the Lockdown-Driven Collapse in the Services & Retail Sectors: Holy Moly, What a Catastrophic Mess by Wolf Richter • Mar 31, 2020 • 220 Comments Services account for 70% of the US economy. Here’s what’s happening to services and retail in economic powerhouse Texas.
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.
Has the Coronavirus Hit US Consumer Spending Yet? by Wolf Richter • Feb 28, 2020 • 83 Comments In January, consumers carried on in hunky-dory land.
Subprime Credit Card Delinquencies Spike to Record High, Past Financial-Crisis Peak, as Other Consumers Relish the Good Times. Why? by Wolf Richter • Feb 22, 2020 • 170 Comments I’m not worried about banks or investors in subprime-credit-card backed securities. If they take a beating, fine. But what does this bifurcation tell us about consumers?
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.
Median CPI Runs Hot, Fed Averts Eyes by Wolf Richter • Feb 13, 2020 • 86 Comments Despite the Fed’s proclamations, the dollar lost purchasing power at a good clip.
Credit-Card Interest Rates Soar to Record High, Bond Yields Drop to Record Low: What Gives? by Wolf Richter • Feb 12, 2020 • 146 Comments My “Credit-Card Spread Index” blows out. Heck if I knew what that means, but it doesn’t mean anything good.
