Junk-Bond Frenzy Set Records in August, as Everyone Tried to Front-Run the Fed by Wolf Richter • Sep 11, 2020 • 95 Comments But seeing the frenzy, the Fed has stepped away.
THE WOLF STREET REPORT: This Tech-Stock Sell-Off Is a Sign Something Broke by Wolf Richter • Sep 6, 2020 • 135 Comments SoftBank was only a cog in the huge machinery.
The Wild Ride of the Giant 5 Stocks (APPL, MSFT, AMZN, GOOG, FB) v. the Rest of the Market by Wolf Richter • Sep 5, 2020 • 171 Comments Suddenly, a whiff of “Don’t fight the Fed?”
Wall Street’s New Meme: Selloff is “Good News for Tech Stocks” after Robinhood Call-Options Traders Are Properly Wiped Out by Wolf Richter • Sep 4, 2020 • 108 Comments If stocks made a sudden connection to the worst economy in a lifetime, after having been disconnected for months, that would be a disaster, however.
Tesla, the Triple-WTF Chart of the Year: Just Put Your Brain on Tesla Autopilot and Believe in It by Wolf Richter • Aug 31, 2020 • 233 Comments I’m in awe of how a tiny automaker with less than 1% global market share is a Supernatural Phenomenon and the 7th most valuable US stock.
Subprime Mortgages Fall Massively Delinquent. Taxpayers on Hook. Housing Market Splits in Two by Wolf Richter • Aug 27, 2020 • 140 Comments On one side: land rush by a few hundred thousand home buyers. On the other: millions of homeowners with delinquent mortgages. Here are the metros by FHA delinquency rate. Two exceed 27%.
The Zombie Companies Are Coming by Wolf Richter • Aug 26, 2020 • 84 Comments Easy money is a curse for capitalism (transcript of my podcast).
Jingle Mail for Malls: Even Biggest Landlords Walk from Malls as Stores Go Bankrupt, Refuse to Pay Rent, Mall Values Slashed Brutally. But those Shorting Mall CMBS Made a Killing by Wolf Richter • Aug 24, 2020 • 158 Comments Mall meltdown gets messier. But someone’s making money. Here’s how they shorted malls.
THE WOLF STREET REPORT: The Zombie Companies Are Coming by Wolf Richter • Aug 23, 2020 • 90 Comments “Easy money is a curse for capitalism.”
The Rich Got Richer During the Pandemic, Bailed Out by the Fed. How it Happened and Why That’s Bad for the Economy by Wolf Richter • Aug 19, 2020 • 174 Comments Over 30 million people lost their jobs while the wealth of America’s 600-plus billionaires ballooned by $434 billion, to $3.4 trillion.
