Daily Standup Top Stories 2023 – The Year The Renewables Bubble Burst January 20, 2024 Stu Turley In 2023. clean energy witnessed one of the toughest years in its short history. Supply chain issues, the energy […]
In 2023. clean energy witnessed one of the toughest years in its short history. Supply chain issues, the energy crisis post Russia’s invasion of Ukraine and the ensuing ramp of interest rates and inflation hit […]
About 63% of solar installer members in California are facing cash flow issues following a new policy that reduced homeowner incentives. Rooftop solar system sales in the state have plummeted by 85% compared to the […]
Housing market is frozen, people have gone on buyers’ strike, sellers are hoping that this too shall pass. By Wolf Richter for WOLF STREET. The median price of existing single-family houses, condos, and co-ops in the US whose sales […]
It can plausibly be hypothesized that Saudi Arabia’s unexpected decision to delay formal membership in BRICS is due to Western perceptions about this association, Iran’s involvement in the Red Sea Crisis, and Israeli-US pressure. Saudi […]
RRPs heading to their normal level of zero. And it’s time to talk about the revived Standing Repo Facility. By Wolf Richter for WOLF STREET. As the Fed’s Quantitative Tightening hums along on autopilot, its assets have fallen […]
Higher interest rates bit, but builders adjusted to them. By Wolf Richter for WOLF STREET. Construction starts of single-family houses and units in multifamily buildings (condos and apartments), fell by 9% in 2023, to 1.41 million housing units, […]
U.S. Representative Tom Emmer expects former U.S. President Donald Trump to become “a lot more” friendly toward cryptocurrency if he returns to the White House. Trump has launched three non-fungible token (NFT) collections since leaving […]
Years ago, I wrote a post about how cheap air travel to Europe was ruining America. My point was that the Americans visiting Europe were confusing what they experienced as a tourist with the reality of […]
Bank of Canada’s two preferred measures of underlying inflation accelerated, tripping up widespread expectations of cooling. By Wolf Richter for WOLF STREET. Just how tough it is to get inflation down after the easy battles have been temporarily […]
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