Finance & Insurance Hit it Out of the Ballpark, No Slowdown in the Huge Services Sector by Wolf Richter • Mar 21, 2019 • 65 Comments There cannot be a recession without a pullback in services.
Fed’s New Balance Sheet Plan: Get Rid of MBS by Wolf Richter • Mar 20, 2019 • 116 Comments In relationship to GDP, the balance sheet will continue to shrink until some magic unknown point is reached.
What FedEx Just Said About Europe and China by Wolf Richter • Mar 19, 2019 • 52 Comments “Asia volume weakness, which we experienced during peak season, deepened post Chinese New Year.”
US Freight Volume Drops by Wolf Richter • Mar 18, 2019 • 45 Comments The services sector better hang in there.
That Didn’t Last Long: Cboe Bails on Bitcoin Futures Trading by Wolf Richter • Mar 18, 2019 • 47 Comments The incredibly impeccable timing of launching bitcoin futures at the very peak of the bubble.
THE WOLF STREET REPORT by Wolf Richter • Mar 17, 2019 • 76 Comments What’s Really Causing the Gigantic US Trade Deficit? It’s not China…
Steinhoff Committed $7.4 Billion in Fraud (at least). Here’s How by Wolf Richter • Mar 16, 2019 • 88 Comments It’s not often that we get to see the details of how companies commit $7.4 billion worth of fraud.
Tesla’s Mess at the Top: Moody’s Gets Nervous by Wolf Richter • Mar 15, 2019 • 91 Comments Decision-Making Chaos and Epic Strategy Flip-Flops.
The Most Splendid Housing Bubbles in Canada Deflate by Wolf Richter • Mar 14, 2019 • 127 Comments How do they stack up against the most splendid housing bubble in America? Holy cow!
E-Commerce is Wiping Out Mall Retailers One by One. Here’s the Data by Wolf Richter • Mar 13, 2019 • 100 Comments Department store sales hit a new record low in the data going back to 1992.