Tesla Falls from Grace with Americans, Facebook Plunges to the Ignominious Level of Goldman, Wells Fargo, Sears by Wolf Richter • Mar 6, 2019 • 99 Comments But the US government got them all beat.
Good Lordy, What a Banner Year 2018 was for China, Other Countries, and Corporate America by Wolf Richter • Mar 6, 2019 • 101 Comments Trade goes out-of-whack as Corporate America searches for cheap labor & tax benefits.
Trucking Boom U-Turns by Wolf Richter • Mar 5, 2019 • 28 Comments Another Gauge of the Goods-Based Economy Heads South.
Sharply Lower Prices Help Sell New Houses, But it’s Not Enough by Wolf Richter • Mar 5, 2019 • 125 Comments Inventory continues to surge. Potential buyers move on.
More Lousy Data Emerges after Government Shutdown: Construction Spending by Wolf Richter • Mar 4, 2019 • 54 Comments Residential Construction Skids, Nonresidential Construction Stagnates. The delay gave markets a break from lousy data.
THE WOLF STREET REPORT by Wolf Richter • Mar 3, 2019 • 75 Comments Another Global Financial Crisis, with China at the Epicenter?
US is Cleanest Dirty Shirt Among Manufacturing Giants. China, Japan & Germany Sink by Wolf Richter • Mar 3, 2019 • 56 Comments The four account for 58% of global manufacturing value added. And the big exporters are getting hit.
The Biggest Retailers Are Too Scared to Disclose this Data. But Nordstrom Just Did by Wolf Richter • Mar 1, 2019 • 75 Comments How its own online sales, now one-third of its total sales, eat its brick & mortar. But it’s a matter of survival.
Home Prices in Sydney & Melbourne Spiral Down, Bust Spreads. IMF to Regulators: “Reinforce Financial Crisis Management” by Wolf Richter • Feb 28, 2019 • 61 Comments Bitter irony: Government told first-time buyers 5 months before bust began to “get into the Sydney housing market”; once in, “you’re pretty well set for life.”
GDP Rose by $1.0 Trillion in 2018, US Gov. Debt by $1.3 Trillion by Wolf Richter • Feb 28, 2019 • 103 Comments Where would GDP growth be without federal borrow-and-spend?
