THE WOLF STREET REPORT by Wolf Richter • Mar 10, 2019 • 75 Comments The Risks of American Consumer Debt Hide Beneath the Averages.
Time’s Running Out for World’s Most Indebted Oil Company by Don Quijones • Mar 10, 2019 • 23 Comments US rating agencies pressure Pemex and the new Mexican government. But Pemex is too big to fail.
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?
Why I’m Not in Panic Yet About the Lousy “20,000 Jobs Created” by Wolf Richter • Mar 8, 2019 • 59 Comments Unless there is a sudden catastrophic event, hiring trends don’t go from awesome to shitty in just one month.
Fed’s QE Unwind Reaches $501 Billion, Balance Sheet Falls Below $4 Trillion. “Autopilot” Engaged by Wolf Richter • Mar 7, 2019 • 97 Comments The albatross of $617 billion in bonds that mature in over 10 years.
US Dollar Hits 52-Week High in Cleanest-Dirty-Shirt-Syndrome on New ECB Stimulus, as Old ECB Stimulus Fails to Stimulate by Wolf Richter • Mar 7, 2019 • 46 Comments The real worry is the economy in the Eurozone.
Tesla Falls from Grace with Americans, Facebook Plunges to the Ignominious Level of Goldman, Wells Fargo, Sears by Wolf Richter • Mar 6, 2019 • 99 Comments But the US government got them all beat.
Good Lordy, What a Banner Year 2018 was for China, Other Countries, and Corporate America by Wolf Richter • Mar 6, 2019 • 101 Comments Trade goes out-of-whack as Corporate America searches for cheap labor & tax benefits.
Trucking Boom U-Turns by Wolf Richter • Mar 5, 2019 • 28 Comments Another Gauge of the Goods-Based Economy Heads South.
Sharply Lower Prices Help Sell New Houses, But it’s Not Enough by Wolf Richter • Mar 5, 2019 • 125 Comments Inventory continues to surge. Potential buyers move on.