Shadow Banks, No-Down-Payment Subprime Mortgages in Canada’s House Price Bubble by Angela Johnson • Oct 18, 2016 • 65 Comments “I don’t believe we are going to have a major, major collapse in housing.”
It Starts: Shutdowns, Production Cuts, Layoffs at Auto Plants by Wolf Richter • Oct 17, 2016 • 47 Comments “We continue to match production with demand”: Ford
The Amazing Down Spiral of Atlanta Fed’s Q3 GDPNow Forecast by Wolf Richter • Oct 14, 2016 • 28 Comments GDP Nowcast drops by half in two months. But is the auto sales data inflated?
These Debt & Rent Slaves Get Blamed for the Lousy Economy by Wolf Richter • Oct 10, 2016 • 167 Comments The Millennials, the Bitter Irony!
Texans Are Cutting Back, Wheels Come off Houston Economy by Wolf Richter • Oct 8, 2016 • 32 Comments Five-year retail boom implodes.
Restaurant Industry, Leading Indicator of US Economy Sours, Bankruptcies Pile up by Wolf Richter • Oct 2, 2016 • 96 Comments “Very challenging” sales trends.
The Endpoint of Automation by James Murray • Sep 27, 2016 • 128 Comments For companies, it’s just a question of money.
“Negative Growth” of Real Wages is Normal for Much of the Workforce, and Getting Worse: New York Fed by Wolf Richter • Sep 27, 2016 • 110 Comments And the fate of the consumption-based US economy?
The Secrets of Commenters & Comment Readers on WOLF STREET (and the Entire Financial Media) by Wolf Richter • Sep 24, 2016 • 101 Comments The surprising numbers!
World Trade Grinds Lower, Hits 2014 Levels by Wolf Richter • Sep 22, 2016 • 34 Comments Volatile and ugly.