Fed Balance Sheet QT: -$37 Billion in November, -$2.43 Trillion from Peak, to $6.54 Trillion by Wolf Richter • Dec 4, 2025 • 28 Comments Standing Repo Facility at zero, after doing its job calming the repo market at month-end. QT ended on December 1, but in November, QT continued.
Low-Fire Low-Hire Job Market, after Massive Overhiring by Big Tech & Others in 2021 & 2022 by Wolf Richter • Dec 4, 2025 • 36 Comments But today’s initial unemployment insurance claims were a doozie that’ll reverse next week.
Private-Sector Job Trends by Industry: From Job Destruction in “Information” to Job Creation in “Mining & Natural Resources” by Wolf Richter • Dec 3, 2025 • 52 Comments Three-month average job creation dips into negative for the first time since 2020, per ADP data.
Services Inflation Accelerates Further in the Euro Area, Drives Overall & Core CPI Higher by Wolf Richter • Dec 2, 2025 • 20 Comments Services inflation was on the ECB’s worry-list when it kept rates unchanged for the third meeting in a row.
Mortgage Rates, 10-Year & 30-Year Treasury Yields Jump, Wiping out in One Day the Entire Drop of Last Week by Wolf Richter • Dec 2, 2025 • 117 Comments The bond market went back to work on Monday.
Manufacturing Grew for 10th Month of 11 in 2025: S&P. Manufacturing Declined for 9th Month Straight: ISM. What Gives? by Wolf Richter • Dec 1, 2025 • 19 Comments What even are these manufacturing PMIs?
Mortgage Rates Are Not Too High. What’s too High Are Home Prices that Exploded by 40-70% in 2 Years, Creating the “Affordability Crisis” by Wolf Richter • Nov 29, 2025 • 175 Comments But there is a solution to this affordability crisis.
New Vehicle Inflation: the “WOLF STREET Ford F-150 XLT & Toyota Camry LE Price Index” Going back to 1990 v. CPI by Wolf Richter • Nov 28, 2025 • 112 Comments Now updated with the prices for the 2026 model year.
Amazing How Central Bank Money-Printing Reversed around the World after the Inflation Shock by Wolf Richter • Nov 27, 2025 • 80 Comments Balance sheets of the Fed, ECB, BOJ, BOE, and central banks of China, Canada, Australia, Switzerland, and India as % of GDP.
Despite their Ultra-Sour Mood, Americans Splurge at Restaurants & Bars like There’s No Tomorrow by Wolf Richter • Nov 26, 2025 • 170 Comments Far outdistancing inflation and blowing by food & beverage stores.
