Welcome to Dystopia: My Life Under Lockdown in Spain by Nick Corbishley • Mar 17, 2020 • 100 Comments Most importantly, we have our health (touch wood) and each other.
Lockdown in San Francisco, Silicon Valley & the East Bay: We’re to “Shelter in Place.” What it Means Now & Long Term by Wolf Richter • Mar 16, 2020 • 300 Comments The eeriness of the whole situation may leave permanent marks on consumers and business-decision makers.
S&P 500 Plunged Most Since 1987, Gave Up in 18 Days the 42% Gains of Past 3 Years. Boeing Shares Collapsed by Wolf Richter • Mar 16, 2020 • 167 Comments It’s not the drop that worries me, it’s the historic neck-breaking volatility.
First US Economic Data of the COVID-19 Era Emerges. It’s Ugly by Wolf Richter • Mar 16, 2020 • 156 Comments This is just the beginning. There will be more of the same and worse.
How Our Business Got Hit by COVID-19 Event-Cancellations Whose Effects Now Cascade Through the Industry by Aaron Ripplinger • Mar 16, 2020 • 54 Comments This is in a microcosm what businesses of kinds all across the US face.
Panicked Fed Slashes Rates to Near 0%, Throws $700 Billion QE on Top, after $1.5 Trillion Shock-and-Awe Repos Fizzled. Stock Futures Plunge 5%, Hit Limit Down by Wolf Richter • Mar 15, 2020 • 371 Comments Holy moly, what a mess. But here is our hilarious cartoon of Jerome Powell tearing out his hair. Gotta keep you sense of humor.
Mall Giant Intu Warns of Bankruptcy: First, the Meltdown of Brick & Mortar Retail, Now COVID-19 by Nick Corbishley • Mar 15, 2020 • 48 Comments Local governments end up buying dying malls to keep them from becoming dead zones.
To Win the CoronaWar, Defense Is The Only Offense by Wisdom Seeker • Mar 14, 2020 • 256 Comments Why does it work this way?
Historic Volatility Tells Me This Stock Market is in the Middle of an Equally Historic Crash by Wolf Richter • Mar 13, 2020 • 286 Comments A gigantic spike at the very end after two of the craziest trading days I’ve seen. Here’s how my trades went. But that’s it for me. I’m staying out of this market, it’s just too crazy.
No One Knows How the Coronavirus Will Impact Canadian Real Estate, But Here Are My Thoughts by Steve Saretsky • Mar 13, 2020 • 100 Comments How will Canadians service $1.56 trillion in mortgage debt plus other debts such as credit cards? What about tenants who can’t pay their rent?