What’s Going on in the Used Cars & Trucks v. Carmageddon? by Wolf Richter • Nov 7, 2019 • 59 Comments Sales are declining again, after having risen for years. Wholesale prices slip year-over-year for first time in 33 months. But “cars” still dominate “trucks.”
Months After Takeover, European Supermarket Giant Dia Discloses Huge Losses, Plunging Revenues, Soaring Debt by Nick Corbishley • Nov 7, 2019 • 36 Comments Russian billionaire rues the day he bought it. “We should have been more cautious and done our due diligence better.”
Where You Pay the Mostest and Get Approved the Leastest, so to Speak: Mortgage Rates, Fees & Denial Rates Differ Bigly by State by Wolf Richter • Nov 6, 2019 • 60 Comments It’s not always in the states with the highest home prices.
What’s Behind the Fed’s Bailout of the Repo Market? by Wolf Richter • Nov 6, 2019 • 60 Comments Whose Bets are Getting Bailed Out by the Fed’s Repos & T-Bill Purchases?
Yield Curve Un-Inverts, 10-Year Yield Spikes, Middle-Age Sag Disappears by Wolf Richter • Nov 5, 2019 • 103 Comments It happened. Hallelujah. Or maybe better: Watch Out! Yield Curve Spaghetti.
What Heavy Trucks Are Saying by Wolf Richter • Nov 5, 2019 • 30 Comments “I do believe that in North America it is a cyclical downturn”: Cummins COO.
Leveraged-Loan Downgrades Spike, Collateralized Loan Obligations Get Cold Feet, Selloff in B-Rated Loans Ensues by Wolf Richter • Nov 4, 2019 • 61 Comments “Sell first, ask questions later.”
Uber Loses Another $1.2 billion, Stock Dives Again by Wolf Richter • Nov 4, 2019 • 82 Comments Burning cash is easy; It’s quite flammable and just goes up in smoke.
THE WOLF STREET REPORT: What’s Behind the Fed’s Bailout of the Repo Market? by Wolf Richter • Nov 3, 2019 • 104 Comments Whose Bets are Getting Bailed Out by the Fed’s Repos & Treasury Bill Purchases?
US National Debt Passed $23 Trillion, Jumped $1.3 Trillion in 12 Months by Wolf Richter • Nov 2, 2019 • 144 Comments And these are the good times. What happens in a recession?
