Dow 25,000! Oops… by Wolf Richter • May 31, 2019 • 106 Comments Nasdaq down 8.7% in May. S&P 500 back to Jan 2018. Russell 2000 down 15.7% from peak, back to Sep 2017. FANGMAN except Microsoft get creamed.
Yield-Curve Spaghetti: “Middle-Age Sag” Gets Fatter, May Serve Up Surprises by Wolf Richter • May 30, 2019 • 41 Comments This peculiar creature of an inverted yield curve.
OK, I Get it, Markets Have Gone Nuts: Junk-Bonds Are in Party Mood, Treasuries Clamor for Doom & Rate Cuts by Wolf Richter • May 30, 2019 • 103 Comments One of them is wrong. Watch out for it to snap in an ugly manner.
THE WOLF STREET REPORT by Wolf Richter • May 26, 2019 • 94 Comments How a Low Share Price Would be Fatal for Tesla, and why Musk has to pump it up, come hell or high water.
My Fancy-Schmancy “Fed Hawk-o-Meter.” And the Fed Says It’ll be “Patient” with Rate Cuts, Even at “Low Inflation” by Wolf Richter • May 22, 2019 • 38 Comments The Fed introduces a new thingy about “patient” to tamp down on the clamorers on Wall Street.
Subprime Profit-Machine Hiccups: Credit-Card Charge-Offs Rise Across Banking System by Wolf Richter • May 22, 2019 • 45 Comments Impact felt by the real economy and the most vulnerable consumers.
US Home Sales Drop, Drop, Drop Despite Lower Mortgage Rates. But Mortgage Applications Jump. What Gives? by Wolf Richter • May 21, 2019 • 158 Comments Where are the foreign investors in this phenomenon?
Deutsche Bank Death Spiral Hits Historic Low. European Banks Get Re-Hammered by Wolf Richter • May 20, 2019 • 50 Comments Just bumping along the bottom, from hopeless to hope and back to hopeless.
Carmageddon Sinks Tesla’s Bonds by Wolf Richter • May 20, 2019 • 96 Comments Tesla is steeped in chaos — and chaos is absolutely the opposite what a complex manufacturing, distribution, and retail operation needs.
THE WOLF STREET REPORT by Wolf Richter • May 19, 2019 • 50 Comments What the Subprime Auto-Loan Fiasco Means.