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
Brick-and-Mortar Meltdown No Problem: Online Retail Startups Shift into Brick-and-Mortar by Wolf Richter • May 16, 2017 • 81 Comments With a tinge of bitter irony and perhaps desperation.
Worst Restaurant Tailspin since 2009/2010 Crushes Lower End by Wolf Richter • May 12, 2017 • 72 Comments “Rising household debt load” to “suppress consumption, including eating out.”
Consumers Slash Spending Growth Expectations by Wolf Richter • May 8, 2017 • 118 Comments Lowest Level in Fed’s Data. The wallet does something embarrassing.
#Carmageddon Not Yet, But Hot Air Hisses out of Auto Bubble by Wolf Richter • May 2, 2017 • 56 Comments Despite record incentives, sales decline speeds up, inventory bloat spreads to zombie malls.
Are American Debt Slaves Getting in Trouble Again? by Wolf Richter • May 1, 2017 • 153 Comments The economy depends on them, but they’re cracking.