Fed Goes Hog-Wild with T-Bills, But Repos Drop from a Month Ago, and MBS Shrink by $22 Bn by Wolf Richter • Dec 5, 2019 • 126 Comments Bailing out its crybaby-cronies on Wall Street, even when there isn’t a crisis.
US Targets Wage-Repression Model in Mexico, Demands Inspections, Industry Has a Cow by Nick Corbishley • Dec 5, 2019 • 51 Comments NAFTA 2.0 gets complicated for US & global manufacturers, particularly automakers.
What Worries me About “Hedonic Quality Adjustments” by Wolf Richter • Dec 5, 2019 • 80 Comments An arcane device that impacts so much and papers over the struggles many Americans face in a world that’s becoming increasingly unaffordable for them
Inflation Is Coming: All the Trends That Were Deflationary Are Slowly Going in Reverse by Kuppy • Dec 4, 2019 • 189 Comments But of all potential economic outcomes, the one least anticipated and least priced in, is an uptick in inflation.
Another UK Mutual Fund Leaves Investors Twisting in the Wind by Nick Corbishley • Dec 4, 2019 • 30 Comments Another “run on the fund.” More investors can’t get their money out but contemplate big losses.
Trucking “Thrives on Stability, But We’re Now on a Rocky Road” by Wolf Richter • Dec 4, 2019 • 53 Comments Orders for heavy trucks re-plunged, after false bounce off the bottom.
HNA Gets Chopped Up, its Many Airlines Buckle & Get Bailouts to Dodge Messy Collapse, but its Hong Kong Airlines? by Wolf Richter • Dec 3, 2019 • 44 Comments The Chinese conglomerate had gone on a debt-fueled global acquisition binge, including in the US, and owned 18 airlines before it all came unglued.
Crude Oil Could Fall to $40 if OPEC+ Fails to Deepen Cuts by Wolf Richter • Dec 3, 2019 • 82 Comments As US oil production surges, the global oil market will be fundamentally oversupplied in 2020.
US Manufacturing Stuck in Dour Mood, After the Boom Last Year by Wolf Richter • Dec 2, 2019 • 55 Comments Worries abound, weakness persists, but some aspects and sectors tick up.
THE WOLF STREET REPORT: What Worries me About “Hedonic Quality Adjustments” by Wolf Richter • Dec 1, 2019 • 166 Comments An arcane device that impacts so much.