Inventory Shortages & Gluts, by Retailer Segment: Where they Are and Why by Wolf Richter • Aug 21, 2022 • 80 Comments Overall supply at retailers still 18% below normal, huge shortages in some segments, gluts in others. Thankfully, grocery stores only a tad below normal.
California Housing Market Pukes: As Sales Collapse (San Diego County -41%), Prices Begin to Swoon by Wolf Richter • Aug 19, 2022 • 267 Comments San Francisco & Silicon Valley lead. Southern California catching up. In Los Angeles, prices fell in July from June for the first since Adam and Eve.
Craigslist Cuts Asking Price of Class A Office Building it Owns in San Francisco by 40%. The Building is 78% Vacant by Wolf Richter • Aug 17, 2022 • 92 Comments Last time it tried to sell the building was in 2019. Now the office market is an entirely different ballgame.
Boom & Bust Cycles: Construction Starts of Single-Family Houses v. Multifamily Buildings by Wolf Richter • Aug 16, 2022 • 53 Comments Starts: Single-family houses: -18.8% year-over-year; larger multifamily buildings: +15.9%. Here are the long-term trends.
New Vehicle Inventory Dips, Near Record Low. Fuel-Efficient Cars Vanish. But Supply of Full-size Pickups & SUVs Rises, Discounting Sets in to Move the Iron by Wolf Richter • Aug 13, 2022 • 193 Comments Average prices jump relentlessly from record to record.
Housing Bubble Getting Ready to Pop: The Big Boys Leave, Waiting for Reset by Wolf Richter • Aug 11, 2022 • 216 Comments Biggest investors in single-family houses: “We need to be patient and allow the market to reset.”
QT Kicks Off at the ECB: Assets Fell by €91 Billion from Peak by Wolf Richter • Aug 10, 2022 • 94 Comments Raging inflation ends an absurdity.
SoftBank Lost $39 Billion in 6 Months, Wiping Out the Bubble Gains of the Vision Funds Since 2017: Easy Come, Easy Go by Wolf Richter • Aug 8, 2022 • 98 Comments Now trying to avoid “a blow that would be irreversible.”
Trip Back to Reality Starts: Mortgages, HELOCs, Delinquencies, and Foreclosures in Q2 by Wolf Richter • Aug 4, 2022 • 103 Comments Forbearance and pandemic cash run out. But a lot of fun was had by all.
Markets Are “Fighting the Fed” by Wolf Richter • Aug 3, 2022 • 259 Comments One of the most important dictums in finance is this: “Don’t fight the Fed.” And this could get ugly.
