What’s Behind the Collapse of so Many Stocks since Feb 2021? by Wolf Richter • Jun 23, 2022 • 201 Comments This crash beneath the surface showed something had broken, that the magic had died, that hype and hoopla were suddenly unable to carry the day (transcript).
“Real Estate Tech” in Existential Crisis as Housing Sours, Stocks Plunge, New Money Out of Reach: Redfin & Compass Try to Survive by Cutting Staff. Opendoor, Zillow Sag by Wolf Richter • Jun 14, 2022 • 195 Comments In short, the party ran out of bamboozle.
Margin Debt Unwinds Further amid Massacre of High-Flying Stocks and Forced Selling by Wolf Richter • Jun 14, 2022 • 168 Comments Margin debt issued warnings starting in early 2021 that the Big S would hit the fan. Folks blew it off.
First EV SPAC Announces its Stock Will Go to Zero and Die by Wolf Richter • Jun 13, 2022 • 95 Comments From SPAC merger to Chapter 7 bankruptcy in 12 months. That was fast! Congratulations on the speed and on being first!
Monday is Going to Be Interesting for Stocks by Wolf Richter • Jun 11, 2022 • 387 Comments Still way too much wild craziness, including the ultimate bag-holder gamble: Why the bottom isn’t anywhere near.
Dotcom Bust 2, New & Improved by Wolf Richter • Jun 9, 2022 • 173 Comments But we’ve had it so good for so long. And it was so easy, and it made everyone look like a genius.
EV IPO Insta-Collapse: Phoenix Motor Plunges into Void on 1st Day, More on 2nd Day. Parent SPI Energy Already Imploded 99% by Wolf Richter • Jun 9, 2022 • 70 Comments Wall Street is still trying to bleed retail investors. But they’re no longer all that eager to get bled.
Tech Bust Takes Next Step: Layoffs & Hiring Freezes by Wolf Richter • Jun 2, 2022 • 127 Comments Dotcom Bust 2 has begun. Only bigger. (Transcript from the podcast).
EV SPACs Warn about Running Out of Cash: The Beginning of the End for the Craziest Stock Bubble Ever by Wolf Richter • May 30, 2022 • 173 Comments Electric Last Mile said it might only make it “into June.” So far in this cycle, 25 SPACs have warned they might not make it, including 6 EV SPACs.
THE WOLF STREET REPORT: Tech Bust Takes Next Step: Layoffs & Hiring Freezes by Wolf Richter • May 29, 2022 • 179 Comments Dotcom Bust 2 has begun. Only bigger.
