Bloodletting in Semiconductor Stocks

by Wolf Richter • Nov 5, 2026 • 39 Comments

Intel has already plunged by 63% from its June high, SanDisk by 66%, Micron by 47%.

A Phenomenon: Initial Applications for Unemployment Benefits (4-Week Average) Drop to the Lowest since 1969

by Wolf Richter • Nov 5, 2026 • 35 Comments

Despite lethargic growth in private-sector payrolls and big staff cuts at federal and state governments, but a declining labor force due to the crackdown on illegal immigration.

Despite Lower Rates, Demand for Mortgages to Purchase a Home Is Stuck at Rock-Bottom: Is 7%+ the No-Go Zone?

by Wolf Richter • Nov 4, 2026 • 53 Comments

The Fed and mortgage rates.

How to Buy Gold Online (and What to Watch Out For)

by First National Bullion, a sponsor of WOLF STREET • Oct 28, 2026

Spot vs. premium, payment methods, insured shipping, and how to check out a dealer before you send a dime.

Multifamily CRE Meltdown Keeps Getting Uglier

by Wolf Richter • Nov 3, 2026 • 62 Comments

The US government holds half of all multifamily mortgages. The rest is spread around.

THANK YOU 💖 for Your Wonderful Support of WOLF STREET!!! If You Missed the Fall Reminder: Please Donate

by Wolf Richter • Nov 3, 2026 • 8 Comments

AI has changed the Internet, and WOLF STREET needs you more than ever. Thank you!!

Labor Market Churn Accelerates on Big Jump in Quits

by Wolf Richter • Nov 3, 2026 • 75 Comments

Job Openings to fill those left-behind slots rose, hires jumped, layoffs & discharges fell and were low.

No Inflection Point Yet: Near-Exponential Data Center Boom Sends Shockwaves to Industrial Economy, Construction Hit by 2nd Wave of Inflation

by Wolf Richter • Nov 2, 2026 • 53 Comments

They all spiked: Construction of data centers and power plants; orders for equipment at US manufacturers; and inflation in construction.

US Government Sold $907 Billion of Treasury Securities this Week. That’s a Lot of Paper. Yields Pulled Back

by Wolf Richter • Oct 31, 2026 • 57 Comments

As AI & chip stocks tanked, investors shifted from the “AI trade” to the “safe-haven trade” and bid up Treasuries.

The 13 AI Giants, from Alphabet to Oracle, Sit on $1.13 Trillion in Cash. They Can Keep Spending on AI even if Markets Get Ugly

by Wolf Richter • Oct 30, 2026 • 87 Comments

They’ve invested huge amounts in AI infrastructure, but they’ve raised cash even faster.

Treasury I Bond “Fixed Rate” Raised to 1.40%, Highest since 2006, for 5.51% Annual Combined Rate for Next 6 Months

by Wolf Richter • Oct 30, 2026 • 46 Comments

This generation of inflation-protected long-term tax-advantaged buy-and-forget savings products is more appealing than those of the past 20 years.

Tech Makes a Mess as Wrinkles Start to Show. Markets Are Edgy Now, Aren’t They?

by Wolf Richter • Oct 29, 2026 • 105 Comments

These are some sudden massive movements in even huge stocks.

Economy Is Running Hot on Strong Consumer Spending Growth & Massive AI Investment Boom

by Wolf Richter • Oct 29, 2026 • 61 Comments

But the trade deficit worsened, driven by the AI boom. And the drunken sailors in Washington pushed the Debt-to-GDP ratio to 121.7%.

Fed Holds Rates, but with 2 Dissenters. A Hold before the Election Was Widely Expected. Dissenters Were Not

by Wolf Richter • Oct 28, 2026 • 81 Comments

The statement upgraded the economy and left the door wide open for rate hikes. 10-Year Treasury yield kneejerk jumps.

The Growth of the Vacant Housing Stock in the US, Q3 2026

by Wolf Richter • Oct 28, 2026 • 20 Comments

Total housing units grew by 1.51 million YoY (new construction minus demolition). Vacant for-sale & for-rent units jumped by 7.1%, to 4.93 million, highest since 2013.