Here Are Photos of Some of the Dilapidated Equipment San Francisco Wants to Buy from Bankrupt PG&E for $2.5 billion by Wolf Richter • Sep 9, 2019 • 148 Comments Californians have had it with PG&E, a convicted felon infamous for sacrificing safety, maintenance, reliability, and people to enhance “shareholder value.” But is San Francisco overpaying? Take a look.
THE WOLF STREET REPORT: What to Do About the Student-Loan Fiasco? by Wolf Richter • Sep 8, 2019 • 218 Comments OK, I’m going to wade into this debate — but with my boots on.
Delinquency Rates of Student-Housing CMBS Spike by Wolf Richter • Sep 8, 2019 • 128 Comments The once hot asset class of high-end student housing runs into reality.
The Financialization of the US Economy by Wolf Richter • Sep 6, 2019 • 143 Comments Services are Hopping. The #1 Biggie is Hopping the Fastest. It all adds to GDP!
Orders for Heavy Trucks Plunged 80% in August by Wolf Richter • Sep 5, 2019 • 52 Comments Here’s why — and how that’s impacting truck makers.
Here’s What I’m Worried About. And It’s Not a Recession by Wolf Richter • Sep 4, 2019 • 127 Comments A rout in the hyper-inflated bond market can blow up everything at this point.
THE WOLF STREET REPORT: Here’s What I’m Worried About, and It’s Not a Recession by Wolf Richter • Sep 1, 2019 • 122 Comments A rout in the hyper-inflated bond market can blow up everything at this point.
China Imposes New Capital Controls, Targets Foreign Real Estate Purchases, as Yuan Falls to 11-Year Low by Wolf Richter • Aug 30, 2019 • 109 Comments “Wiring money overseas is not allowed for the purposes of purchasing real estate or insurance products”: banker in China
Negative Yields Not Required: Even “Low” Interest Rates Screw Up the Economy by Wolf Richter • Aug 29, 2019 • 103 Comments How to make a mess in the era of low demand.
From Less-Splendid Housing Bubbles to Crushed Markets in America, August Update by Wolf Richter • Aug 28, 2019 • 37 Comments Chicago condo prices stall. Dallas boom slows. Minneapolis, Charlotte, Atlanta zoom higher. Detroit prices up 100% from 2012! Cleveland struggles.