Update on the Splendid Rental Bubbles & Crashes in the US by Wolf Richter • Jun 1, 2018 • 63 Comments Chicago’s rents in free-fall, Washington DC’s suddenly plunge, New York’s fall to third place. But rents soar in Southern California and other parts. Bay Area and Seattle “mixed.”
Is This the Next Big Retailer to Melt Down? Its Bonds Crashed by Wolf Richter • May 25, 2018 • 102 Comments It was bought out by a PE firm, saddled with $8 billion in debt, and grapples with its fate.
Oops, It’s Starting, Says This Chart from the FDIC by Wolf Richter • May 23, 2018 • 87 Comments And its eerie exhortations to the banks to prepare for a downturn to avoid “undue disruption to the financial system.”
Where the Debt Slaves Are the Most Vulnerable by Wolf Richter • May 22, 2018 • 103 Comments I’m shedding a different light on consumer debt.
Credit Card Delinquencies Spike Past Financial-Crisis Peak at the 4,788 Smaller US Banks by Wolf Richter • May 18, 2018 • 84 Comments Subprime is calling.
As Malls Melt Down, Industrial Properties Heat Up by Wolf Richter • May 7, 2018 • 37 Comments This is the brick & mortar part of e-commerce.
Jobs, Sliced and Diced by Wolf Richter • May 4, 2018 • 86 Comments Where they went, where they came from.
Fed’s QE Unwind Accelerates Sharply by Wolf Richter • May 3, 2018 • 122 Comments These are getting to be serious amounts.
Tesla Discloses Worst Quarterly Zinger of a Loss Ever, Burns $1.1 Billion Cash by Wolf Richter • May 2, 2018 • 106 Comments Not The Boring Company, but The Hopeless Company.
Why Aren’t Big Banks Paying Higher Interest Rates on Deposits though Rates Have Surged? by Wolf Richter • Apr 15, 2018 • 54 Comments Well, they do pay higher rates, but not to their own clients.