How Did the US Service Sector Do in Q1? by Wolf Richter • May 17, 2019 • 45 Comments Finance & Insurance, Which Dominates the US Economy, Has Blistering Q1. Huge Services Sector Not Yet Hit by Slowdown in Goods.
Subprime Bites: Auto-Loan Delinquencies Spike to Q3 2009 Level, Despite Strongest Labor Market in Years by Wolf Richter • May 15, 2019 • 80 Comments But what will happen to banks and automakers when the cycle turns?
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.
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.
What Would Stocks Do in “a World Without Buybacks,” Goldman Asks by Wolf Richter • Apr 8, 2019 • 104 Comments Companies buying back their own shares has “consistently been the largest source of US equity demand.” Without them, “demand for shares would fall dramatically.” Too painful to even imagine.
Lyft Shares Plunge 10% in 4 Hours from “Pop” to Close by Wolf Richter • Mar 29, 2019 • 109 Comments IPO investors tried to unload while they could.
Deutsche Bank Seeking a “Guarantee of Existence” with Monster-Merger? by Don Quijones • Mar 27, 2019 • 26 Comments Opposition Is Growing to Merger Between Deutsche Bank and Commerzbank.
How Can a Company with $1.8 Billion in Revenue Lose $1.9 Billion? WeWork Shows How by Wolf Richter • Mar 25, 2019 • 108 Comments The financial world has gone nuts.
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.
“Shadow Banks” Dominate Mortgage Lending by Piling on Risks. Federal Housing Administration (FHA) on the Hook by Wolf Richter • Feb 27, 2019 • 66 Comments But deposit-taking banks have pulled back.
