Consumers and Businesses Buckle under their Debts by Wolf Richter • Jul 6, 2017 • 74 Comments Bankruptcies surge as the “credit cycle” exacts its pound of flesh.
Brick-and-Mortar Meltdown in June: Who Got Crushed? by Wolf Richter • Jul 5, 2017 • 77 Comments The private-equity protocol of asset stripping bears fruit.
Credit-Card Debt Slaves Move to Top of Fed’s Bank Worries by Wolf Richter • Jun 23, 2017 • 115 Comments Projected losses at the top 34 banks in a “severely adverse scenario.”
Amazon, the Death of Brick & Mortar, Buys into Brick & Mortar by Wolf Richter • Jun 16, 2017 • 151 Comments Shares of Wal-Mart, Kroger, Costco, Target get crushed. Whole Foods soars.
Why “Suddenly Hawkish” Yellen Brushed off the Dip in Inflation by Wolf Richter • Jun 15, 2017 • 52 Comments She did her homework. And consumers got a temporary gift.
What Would Yellen Do, with these Retail Sales? by Wolf Richter • Jun 14, 2017 • 62 Comments The death spiral of the department store.
Great Debt Unwind: Bankruptcies by Consumers and Businesses Jump by Wolf Richter • Jun 6, 2017 • 145 Comments The Debt Slaves are beginning to buckle under their loads.
Rents Deflate in the Hottest US Cities, Soar in Cheaper Cities by Wolf Richter • Jun 1, 2017 • 75 Comments Honolulu rents plunge 19%. Landlords scramble. Check the 100 most expensive markets.
Oh My, Those Conflicted American Consumers…. by Wolf Richter • May 31, 2017 • 113 Comments The divide in economic confidence has become extreme.
Liar Loans Dog Subprime Auto-Loan-Backed Securities by Wolf Richter • May 23, 2017 • 51 Comments Santander, top subprime auto lender, verified income on only 8% of loans: Moody’s
