Trucking Boom Ends, Next Phase in Cycle Starts by Wolf Richter • Jan 5, 2019 • 28 Comments This is a very cyclical business.
Fed’s Balance Sheet Reduction Reaches $402 Billion by Wolf Richter • Jan 4, 2019 • 114 Comments The QE unwind has started to rattle some nerves.
Carmageddon for GM, Ford & Toyota: 3rd Down-Year in a Row. Industry Sales Below 2015. Hyundai-Kia Drop 11% in 2 Years. BMW & Mercedes-Benz Fizzle by Wolf Richter • Jan 4, 2019 • 115 Comments But average transaction prices rise to record highs.
Markets Are in a Tizzy. So What Will the Fed Do? by Wolf Richter • Jan 3, 2019 • 111 Comments Investors are waking up after years of somnolent money-making.
iPhone Sales Croak, China’s Economy Deteriorating Faster than Expected, Apple Warns. Shares Plunge by Wolf Richter • Jan 2, 2019 • 181 Comments “We did not foresee the magnitude of the economic deceleration,” it said, starting the year out on the right foot.
The Housing Bust in Sydney & Melbourne, Oh My! by Wolf Richter • Jan 2, 2019 • 45 Comments But it wasn’t the central bank that pricked the bubble; its interest rate is at a record low!
Long-Term “Buy & Hold” Crushed Stockholders in Largest Markets Except US & India. But for the US, Luck’s Running Out by Wolf Richter • Jan 1, 2019 • 99 Comments Ugly long-term charts that Wall Street doesn’t want us to see. And now US stocks are infected too.
Mexico Kicks Off War on its Vast Black Market for Oil by Don Quijones • Jan 1, 2019 • 18 Comments “It’s not easy to distribute and sell the pilfered contents of 600 pipelines each and every day.”
US Dollar Status as Global Reserve Currency? by Wolf Richter • Dec 31, 2018 • 115 Comments To diminish the dollar’s role as a global reserve currency, central banks would have to dump the dollar. So, let’s see.
THE WOLF STREET REPORT by Wolf Richter • Dec 30, 2018 • 74 Comments How the Corporate Debt Bubble Will Crush Stocks.