Nasdaq, “Tech,” & IPOs are in for Gut-Wrencher by Wolf Richter • Dec 24, 2018 • 71 Comments Nasdaq down 24% already. Renaissance IPO ETF down 31%. But Uber and other unicorns plan record IPOs in 2019, à la dotcom-crash-debut in 2000.
THE WOLF STREET REPORT by Wolf Richter • Dec 23, 2018 • 37 Comments The Junk-Bond Market Just “Puked.”
The Global Battle over Subsidies for Money-Losing Airlines by MC01 • Dec 23, 2018 • 24 Comments The US and EU slug it out with the United Arab Emirates and Qatar.
Nothing Goes to Hell in a Straight Line, Not Even Stocks by Wolf Richter • Dec 22, 2018 • 122 Comments But a whole generation of investors has never been through a Nasdaq-bubble unwind, and they’re shocked.
$1.3 Trillion “Leveraged Loan” Boom Comes Unglued by Wolf Richter • Dec 21, 2018 • 70 Comments The Fed has warned about them, and investors fear a run-on-the-fund.
Deutsche Bank Death Spiral Hits Historic Low. European Banks Follow by Wolf Richter • Dec 20, 2018 • 81 Comments Bottom fishers were taken out the back and shot.
Multifamily Rentals Were Best Asset Class in 2018 in Spain, But Now Rents Are Heading South by Don Quijones • Dec 20, 2018 • 14 Comments Soaring rents outran tenant wages, which can’t last.
Stocks Tank 3% in 2 Hours after the Fed Refuses to Flip-Flop by Wolf Richter • Dec 19, 2018 • 129 Comments Under tremendous pressure, the Fed sticks to its guns, mostly, and the crybabies are having a cow.
Downturn in Local Housing Markets Hit National Averages by Wolf Richter • Dec 19, 2018 • 51 Comments Existing home sales across the US drop 7% from a year ago, plunge 15.4% in the West.
Is All Lost? Record Share Buybacks But Stocks Get Crushed by Wolf Richter • Dec 18, 2018 • 98 Comments The vengeance of share buybacks: buyback queen Apple plunges.