Another Chinese Mega-Construction Project in California Is Halted, this one in San Francisco. List of Troubled or Scuttled Chinese Projects in California Grows by Wolf Richter • Oct 18, 2019 • 81 Comments How China’s crackdown on debt and capital flight pulls the rug out from under mega-real-estate projects.
There Are a Couple of Things Not Coming Together Here by Wolf Richter • Oct 17, 2019 • 131 Comments I Get it: Stock-Market Shorts Sit on Sideline, Fearing Rally. Investors Deleverage, Fearing Sell-Off. VIX Falls Asleep, Fearing Nothing.
Why Banks Didn’t Lend to the Repo Market When Rates Blew Out: JPMorgan CEO Dimon by Wolf Richter • Oct 15, 2019 • 89 Comments “Does that mean that we have bad markets?”
10-Year Yield Jumps, Yield Curve Steepens, on Fed’s Plan to Buy $60 Billion a Month, But Only Short-Term Treasury Bills by Wolf Richter • Oct 11, 2019 • 95 Comments Ending the repo market blowout and un-inverting the yield curve.
How the Crybabies on Wall Street Try to Force the Fed into QE-4 by Wolf Richter • Oct 10, 2019 • 70 Comments The repo blow-out — whoever instigated it — comes in real handy.
How the SoftBank Scheme Rips Open the Startup Bubble by Wolf Richter • Oct 9, 2019 • 40 Comments This scheme worked wonders for a while but has now run into trouble, and a lot is at stake.
When Was Peak-Insanity of the Unicorn-Startup Bubble That’s Now Imploding? by Wolf Richter • Oct 8, 2019 • 99 Comments WeWork was just late to the defenestration party.
THE WOLF STREET REPORT: How the SoftBank Scheme Rips Open the Tech Bubble by Wolf Richter • Oct 6, 2019 • 71 Comments The biggest force behind the startup bubble in the US has been SoftBank. But the scheme has run into trouble, and a lot is at stake.
IPOs Crash & Burn, Debris Hits Housing, Office Markets by Wolf Richter • Oct 2, 2019 • 94 Comments Signs are now all over Silicon Valley and San Francisco.
US Gross National Debt Jumps by $1.2 Trillion in Fiscal 2019, to $22.7 Trillion, Hits 106.5% of GDP by Wolf Richter • Oct 1, 2019 • 133 Comments But what happens if there’s actually a recession?
