Subprime Auto-Loan Delinquencies Rise to 2019 Levels: a Dive into Subprime Lending and Securitizations by Wolf Richter • Jan 23, 2023 • 67 Comments Surge of delinquencies not caused by unemployment, but by taking Big Risks, hoping for Big Profits, and getting slapped, just as in 2019.
THE WOLF STREET REPORT: What’s Behind the Mass Layoffs in Tech & Social Media by Wolf Richter • Jan 22, 2023 • 151 Comments Drunk with Easy Money, companies were hogging office space and workers for a future that did not come.
San Francisco Bay Area House Prices Plunge 30% from Crazy Peak: Housing Bust 2 by Wolf Richter • Jan 19, 2023 • 201 Comments Hammered by waves of layoffs, swooning stocks, collapsing cryptos, and 6% mortgage rates.
2022, Year of Face-Ripping Bear-Market Rallies that Got Crushed by Wolf Richter • Dec 30, 2022 • 159 Comments But history doesn’t repeat, it rhymes: For your amusement, a Nasdaq comparison to the Dotcom Bust.
Truck Congestion at Worst Bottlenecks (MPH), Barge Rates on the Mississippi (WHOOSH), China-US Container Freight Rates by Wolf Richter • Dec 30, 2022 • 100 Comments Three tidbits with charts from the Transportation Statistics Annual Report 2022.
The Most Splendid Housing Bubbles in America, December Update: Now Dallas, Las Vegas, Phoenix Plunge Fastest. San Francisco, Seattle, San Diego Down Most from Peak by Wolf Richter • Dec 27, 2022 • 209 Comments No dear, this is not seasonal.
The Most Astounding IPO Hype-and-Hoopla Show Ever Ends 2022 in Tears by Wolf Richter • Dec 26, 2022 • 87 Comments “The value of discipline is currently at an all-time high,” after years when the value of consensual hallucination was at an all-time high.
Thank You for Your Awesome Support of WOLF STREET!! If You Missed the Fun a Week ago, a Reminder: Please Donate by Wolf Richter • Nov 20, 2022 • 29 Comments Your donations are very special to me. They build community. They tell me what I’m doing matters to you. They keep WOLF STREET open to all and less dependent on ads. Thank you!!!
The Most Splendid Housing Bubbles in Canada, November Update: Fastest 5-Month Plunge on Record by Wolf Richter • Nov 19, 2022 • 99 Comments Down faster during the bust than up during the bubble: a special feature in some cities. Vague humor wafts around the charts.
Inflation Makes Mess in Japan, Batters Yen. BOJ’s Kuroda Clings by His Last Fingernail to “Transitory” by Wolf Richter • Nov 18, 2022 • 78 Comments But he’ll be out in April.
