The State of American Restaurants, by City: The Catastrophe of the Second Wave by Wolf Richter • Nov 29, 2020 • 143 Comments Despite the rampant indoorification of outdoor dining.
Vast Euro-Derivatives Market, Centered in London, Is Set to Fragment as End of Brexit Transition & Uncertainties Loom by Nick Corbishley • Nov 28, 2020 • 88 Comments It shouldn’t “create risks to the stability of the financial system,” which is soothing to know.
This Spike of New Businesses is a Doozie, on Several Levels by Wolf Richter • Nov 27, 2020 • 162 Comments People are massively striking out on their own. But new businesses with planned wages have been getting scarcer since 2007.
My Thoughts on San Francisco’s “Exodus,” the Social-Life & Cost-Cutting Aspects of Work from Home, and the Truly Bizarre Split in the Real Estate Market by Wolf Richter • Nov 27, 2020 • 93 Comments Wolf Richter with Jim Goddard on HoweStreet.com Radio
The State of the American Consumer: Free Pandemic-Money Runs Low by Wolf Richter • Nov 25, 2020 • 172 Comments Stimulus & extra UI dried up. But 16% of “proprietors’ income” in October was PPP money & Pandemic farm aid.
The Most Splendid Housing Bubbles in America: Nov. Update by Wolf Richter • Nov 24, 2020 • 268 Comments A pandemic of house price inflation.
California Legal Cannabis Sales Exploded. And California is Cashing In by Wolf Richter • Nov 24, 2020 • 110 Comments On Fumes of Stimulus and to Soothe the Frustration.
“Monetizing Privacy”: The Fed Fans Out, Touting the “Digital Dollar.” This Time, How Consumers Would Benefit by Wolf Richter • Nov 23, 2020 • 200 Comments But the problemita of pulling the rug out from under the entire banking system still needs to be addressed.
Taxpayers Face $435 Billion in Student-Loan Losses, Already Baked in: Leaked Education-Department Study by Wolf Richter • Nov 22, 2020 • 211 Comments No one has ever put a number to it until now.
Australian Construction & Real-Estate Development Giant Grocon Hits Wall, amid Industry Swoon that Started in Mid-2019 by Nick Corbishley • Nov 22, 2020 • 26 Comments The Pandemic accelerated the mess.
