California’s Housing Bubble Counts on Blistering Population Growth, But it’s Fizzling by Wolf Richter • Apr 19, 2019 • 112 Comments Los Angeles population drops, San Francisco & Silicon Valley population rises least since 2010, North Bay’s population drops.
Here Are Sears Holding’s Five “Fraudulent Transfers” and Why “Culpable Insiders” Lampert, Mnuchin, et. al Got Sued by Wolf Richter • Apr 18, 2019 • 63 Comments Greed and scheming dominated the five deals: SHO, the spinoffs of Orchard, Sears Canada, Lands’ End, and the putrid Seritage deal.
House Prices in 12 of California’s Most Expensive Coastal Counties Fell in March from a Year Ago. Here are the Charts by Wolf Richter • Apr 17, 2019 • 67 Comments Despite “the lowest interest rates in more than a year.”
What J.B. Hunt Just Said About the U-Turn in Trucking by Wolf Richter • Apr 16, 2019 • 73 Comments Largest US Trucking Company: “Volume, or lack thereof, is obviously the main story.” The inventory pile-up hurts. And the driver shortage is ending.
Who Bought the Huge $1.26 Trillion of New US Government Debt over the Past 12 Months? by Wolf Richter • Apr 15, 2019 • 66 Comments There was strong appetite. Only the Fed shed them. Here’s who bought.
China EV Manufacturing Bubble Faces Getting Bludgeoned by Wolf Richter • Apr 15, 2019 • 52 Comments There are now 486 EV manufacturers in China, triple from two years ago. Most will disappear.
THE WOLF STREET REPORT by Wolf Richter • Apr 14, 2019 • 73 Comments The Biggest Risk for Stocks: The moment share buybacks get slashed.
What’ll Happen to Home Prices in Silicon Valley & San Francisco after IPOs Shake Loose All These Startup Millionaires? Last Two Times, We Got a Housing Bust by Wolf Richter • Apr 14, 2019 • 84 Comments Here’s how it works. Meanwhile, the media is busy publishing real-estate industry hype.
The Most Splendid Housing Bubbles in Canada Deflate by Wolf Richter • Apr 12, 2019 • 109 Comments How do they measure up against the most splendid housing bubbles in the USA? Oops!
Uber Discloses 3-Yr $10-Billion Loss from Operations, Stalling Rideshare Revenue & 50 Pages of “Risk Factors” that Are Not for the Squeamish by Wolf Richter • Apr 11, 2019 • 89 Comments But it had big tax benefits & one-time gains. And Uber Eats is hot, so to speak.
