Author: Wolf Richter

Negative Yielding Bonds Turn into Punishment Bonds

Negative Yielding Bonds Turn into Punishment Bonds by Wolf Richter for Wolf Street After peak negative-yield-absurdity in August, bond prices fell – the “bond bloodbath” – and the mountain of bonds with negative yields has plunged by $5 Trillion, or by 30%,...

What Heavy Trucks Are Saying

What Heavy Trucks Are Saying by Wolf Richter for Wolf Street “I do believe that in North America it is a cyclical downturn”: Cummins COO. Orders for heavy trucks, after the historic boom in 2018, plunged this year, but they...

Manufacturing in the US vs. China, Germany, Japan, South Korea

Manufacturing in the US vs. China, Germany, Japan, South Korea by Wolf Richter for Wolf Street Manufacturing in the US is growing at crawl-speed or is actually declining, depending on who the beholder is. China appears to be on a similar track,...

U.S. Barely Cleanest Dirty Shirt Among Manufacturing Giants

U.S. Barely Cleanest Dirty Shirt Among Manufacturing Giants by Wolf Richter for Wolf Street US & China come up with conflicting data, Germany in crisis, Japan has “excessive” downside risks, South Korea faces “headwinds from all sides.” Manufacturing in the...

Rents Fall Southern California, Seattle, Miami, San Francisco, San Jose, Chicago, Honolulu & Others

Rents Fall Southern California, Seattle, Miami, San Francisco, San Jose, Chicago, Honolulu & Others by Wolf Richter for Wolf Street But rents surge in 22 other markets by the double-digits. Southern California – sampled here by Los Angeles, San Diego,...

Dallas, Minneapolis, Chicago, Charlotte, Atlanta, Detroit, Cleveland: From Smaller Housing Bubbles to Crushed Markets

Dallas, Minneapolis, Chicago, Charlotte, Atlanta, Detroit, Cleveland: From Smaller Housing Bubbles to Crushed Markets by Wolf Richter for Wolf Street Prices in red-hot Dallas slow. Chicago condos flat for the year. Formerly crushed Detroit up 100% in 7 years. Cleveland...