Tesla Finally Almost Hit 500,000 Deliveries, Two Years Behind its Promise, for a Global Market Share of… 0.7% by Wolf Richter • Jan 2, 2021 • 205 Comments But Tesla’s market capitalization is higher than the combined total of Toyota, Volkswagen, Daimler, GM, BMW, Honda, Ford, and Fiat-Chrysler. The zoo has gone nuts.
US Dollar as “Global Reserve Currency” amid Fed’s QE and US Government Deficits: Dollar Hegemony in Decline by Wolf Richter • Dec 31, 2020 • 299 Comments Other options also shaky. Central banks leery of Chinese RMB, its share still irrelevant. Euro’s share is stuck. But the yen’s share has been rising.
US Stimulus & Shifts in Consumer Spending Hit Trade Deficit by Wolf Richter • Dec 30, 2020 • 220 Comments The one-way street of Globalization by Corporate America.
The Most Splendid Housing Bubbles in America: December Update on House Price Inflation Gone Wild by Wolf Richter • Dec 29, 2020 • 211 Comments The dollar lost purchasing power with regards to houses at the fastest rate in six years.
Biggest Share Buyback Queens in Q3: Tech and Buffett. The Banks Are Gone. But Share Buybacks Plunged 42% YoY by Wolf Richter • Dec 17, 2020 • 151 Comments Funded with debt: Share buybacks totaled $5 trillion since 2012. Over same period, corporate debt soared by $4.5 trillion.
Where Americans Splurged & Where They Cut Back in 13 Whiplash-Charts by Wolf Richter • Dec 16, 2020 • 149 Comments Stimulus Fatigue sets in. Second month of declining retail sales in a row. But online sales eked out a new record, if barely.
California “Techsodus”: Tech Companies, Billionaires, Millionaires, Tech Employees Flee San Francisco & Silicon Valley by Wolf Richter • Dec 14, 2020 • 253 Comments And we coined “Management by Zooming Around.” Which is what Oracle’s Larry Ellison is doing.
Update on the Fed’s QE by Wolf Richter • Dec 11, 2020 • 120 Comments No Wonder the Cry Babies on Wall Street are clamoring for more. Five SPVs, already on ice, will expire on December 31.
The State of American Used Cars & Trucks: A Market Gone Haywire and Now in Process of “Normalizing” by Wolf Richter • Dec 10, 2020 • 79 Comments We may well see more of these types of charts cropping up for other markets that too went haywire this year.
The State of American Restaurants, by City: The Catastrophe of the Second Wave by Wolf Richter • Nov 29, 2020 • 143 Comments Despite the rampant indoorification of outdoor dining.
