Author: Wolf Richter

Holy-Cow Spikes in China-US Container Freight Rates & US Consumer Spending on Goods Trigger Mad, Possibly Illegal Scramble for Empties. US Farmers Twist in the Wind

Holy-Cow Spikes in China-US Container Freight Rates & US Consumer Spending on Goods Trigger Mad, Possibly Illegal Scramble for Empties. US Farmers Twist in the Wind US Federal Maritime Commission investigates container carriers’ “abandonment” of American agricultural industry. Weirdest Economy...

Tesla, Quadruple-WTF Chart of the Year: It Should Just Sell Shares on Autopilot at Huge Prices and Exit Sordid Business of Making Cars

Tesla, Quadruple-WTF Chart of the Year: It Should Just Sell Shares on Autopilot at Huge Prices and Exit Sordid Business of Making Cars Global market share of 1%. But market cap equals combined total of Toyota, Volkswagen (VW, Audi, Porsche,...

How Many Renters Face Eviction when the Eviction Bans End? How Much Worse is it, Compared to the Good Times?

How Many Renters Face Eviction when the Eviction Bans End? How Much Worse is it, Compared to the Good Times? Rent collection data from 11.5 million rental apartments. By Wolf Richter for WOLF STREET. About 44 million households (107 million people) rent their...

For Stocks & Bonds, Upside Surprise of Inflation and Interest Rates “Could Prove Nasty”: Dudley

For Stocks & Bonds, Upside Surprise of Inflation and Interest Rates “Could Prove Nasty”: Dudley Five reasons to “worry about faster inflation.” It’s “a greater danger precisely because it’s no longer perceived as such.” By Wolf Richter for WOLF STREET. “Given how completely...

Vacancy Rate at Iconic Manhattan Tower with 899 Apartments Hits 26%: This Shows How Fast & Massive the Exodus Has Been

Vacancy Rate at Iconic Manhattan Tower with 899 Apartments Hits 26%: This Shows How Fast & Massive the Exodus Has Been Then there’s the “single-asset” commercial mortgage-backed security (CMBS) backed only by the mortgage of this tower. By Wolf Richter for WOLF STREET....