How Much Are Americans Driving and Flying Now, One Year After the WTF Collapse in Fuel Consumption? by Wolf Richter • Apr 24, 2021 • 171 Comments They’re not taking mass transit, that’s for sure.
Cut Prices and They Will Come? New House Sales Jump After Massive Drop in Prices by Wolf Richter • Apr 23, 2021 • 194 Comments There is no shortage of spec homes.
Buyers’ Strike? Everyone Knows the Housing Market Has Gone Nuts: amid Wild Distortions, Prices Spike but Sales Plunge by Wolf Richter • Apr 22, 2021 • 290 Comments No housing market can handle the perversity of vacant homes being used as leveraged investment vehicles to generate capital gains by just sitting there.
What Companies & Office Workers Said About Work from Home: Landlords Are Out of Luck by Wolf Richter • Apr 21, 2021 • 181 Comments A “distributed operational workforce” with a net reduction in demand for office space facing a business premised on endless growth.
The Taper Next Door: Bank of Canada Cuts Bond Purchases by 25%. Total Assets Drop by 13%. Rate Hikes Moved Forward, Possibly July 2022 by Wolf Richter • Apr 21, 2021 • 89 Comments Housing craziness is front and center.
The WTF Charts of the EV SPAC Hype Boom Are Imploding Spectacularly by Wolf Richter • Apr 20, 2021 • 159 Comments Getting massacred on the edge of the stock market.
Riskiest Junk-Rated Companies Borrow at Lowest Cost Ever amid Torrid Yield Chasing. AMC Bonds Sell at a Premium by Wolf Richter • Apr 20, 2021 • 63 Comments Commercial bankruptcy filings drop to lows last seen in the loosey-goosey days just before the Financial Crisis.
Freight Expenses Spike the Most on Record by Wolf Richter • Apr 19, 2021 • 95 Comments But shipment volume, though strong, is not at record levels.
Stock Market Leverage in La-La Land, Rises to Historic WTF High by Wolf Richter • Apr 17, 2021 • 258 Comments Archegos shows how leverage is the great accelerator of stock prices on the way up, and on the way down. One of its bets, ViacomCBS collapsed by 60%.
The Retail WTF Charts of the Year, Powered by $1,400-Stimmies and Massive Price Increases by Wolf Richter • Apr 15, 2021 • 208 Comments The government better not ever stop dousing consumers with free money.
