How Can a Company with $1.8 Billion in Revenue Lose $1.9 Billion? WeWork Shows How by Wolf Richter • Mar 25, 2019 • 108 Comments The financial world has gone nuts.
The Countries with the Most Monstrous Corporate Debt Pileups. US Wimps out in 25th Place! by Wolf Richter • Mar 23, 2019 • 64 Comments But China and the tax havens like Luxembourg, oh my!
Tesla’s Mess at the Top: Moody’s Gets Nervous by Wolf Richter • Mar 15, 2019 • 91 Comments Decision-Making Chaos and Epic Strategy Flip-Flops.
US Banks Report $251 billion of “Unrealized Losses” on Securities Investments in 2018, the Most Since 2008: FDIC by Wolf Richter • Mar 12, 2019 • 21 Comments And other juicy banking nuggets.
Demand for HELOCs Collapses to 15-Year Low by Wolf Richter • Mar 11, 2019 • 100 Comments American homeowners have learned a lesson, despite what banks and the Fed want them to do.
THE WOLF STREET REPORT by Wolf Richter • Mar 10, 2019 • 75 Comments The Risks of American Consumer Debt Hide Beneath the Averages.
State of the World’s Biggest Debt Slaves: Americans Wimp Out in 11th Place by Wolf Richter • Mar 9, 2019 • 131 Comments And where do Chinese consumers fit in?
Mortgage Applications Drop Despite Lower Mortgage Rates: Industry is Baffled by Wolf Richter • Feb 13, 2019 • 66 Comments The hope in early January has been unwound.
Subprime Arrives: Auto-Loan Delinquencies Spike to Great Recession Levels by Wolf Richter • Feb 12, 2019 • 99 Comments “A development that is surprising during a strong economy and labor market”: New York Fed