By Wolf Richter, Wolf Street Credit industry's doom-and-gloom scenario: Consumers suddenly becoming prudent. “Let’s face it, 143 m...
Showing posts with label Wolfstreet. Show all posts
Showing posts with label Wolfstreet. Show all posts
The US Cities with the Biggest Housing Bubbles "Credit News 24"
By Wolf Richter, Wolf Street The term “housing bubble” to describe the housing market that peaked in 2006 and imploded with spectacula...
Why Consumer Spending Has Been Dragging Despite “Record Median Household Income” "Credit News 24"
By Wolf Richter, Wolf Street One more thing about the new Census Bureau’s Income and Poverty report for 2016, which found to the great...
ECB's Fresh New War on Cash "Credit News 24"
By Don Quijones, Wolf Street The European Central Bank (ECB), arguably the European Union’s most powerful and least accountable instit...
Goldman's 'Practical Reasons' to Offload $75 MM+ Spotify Shares "Credit News 24"
By Wolf Richter, Wolf Street Until shares can be sold, “valuations” remain fake wealth. With Friends like these… Goldman Sachs’ hedge ...
How Uber Created Its Own $360 Million Subprime Leasing Crisis "Credit News 24"
By Wolf Richter, Wolf Street Layoffs and massive losses loom. Uber, which has lost $3 billion last year and has gotten itself into a thi...
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