Apartment Conversions from Old Office Buildings, Hotels, Factories: The Numbers by Wolf Richter • Oct 11, 2021 • 84 Comments A costly slow process that gives some buildings a second life.
Will Risk Parity Blow Up…??? by Kuppy • Oct 11, 2021 • 138 Comments When something that is this widely adopted blows up, it tends to blow up spectacularly.
End of Easy Money: Bank of England Talks Tightening amid “Altered Consumer Behavior,” Visions of Persistent Inflation by Wolf Richter • Oct 10, 2021 • 119 Comments “It’s appropriate” that markets price in “a significantly earlier path of tightening than they did previously.”
My Thoughts on the Biggest Mess in Decades: New & Used Autos, Chip Shortages, Inflation, and the Nasty Possibility of Stagflation by Wolf Richter • Oct 9, 2021 • 130 Comments Discussing mind-boggling distortions and some of the craziest market conditions.
One of the Biggest Money Printers, the BoJ, Stopped Printing Money by Wolf Richter • Oct 8, 2021 • 147 Comments All eyes are on the Fed, which will follow. ECB also getting nervous. Other central banks are way ahead.
People Not Looking for Work, Labor Force Drops. But Households Report Strong Gains in Jobs & Self-Employment by Wolf Richter • Oct 8, 2021 • 166 Comments Big drop in government jobs (education) blamed on seasonal adjustments gone awry.
Used Vehicle Prices Spike to New Crazy Record in a Market Gone Nuts by Wolf Richter • Oct 7, 2021 • 126 Comments Not “temporary” yet.
The Ugly Math: GM, Ford, other Legacy Automakers Throw Hundreds of Billions at EVs, Only Auto Segment that’s Growing. Tesla Made Them Do It by Wolf Richter • Oct 6, 2021 • 218 Comments It’s a zero-sum game that’s eating up a huge amount of cash. But Electric Utilities are loving it.
Just Keeps Getting Worse: Services Trade Surplus, the American Dream-Not-Come-True, Worst in 10 Years. Imports Worst Ever. Trade Deficit Worst Ever by Wolf Richter • Oct 5, 2021 • 205 Comments Driven by Corporate America and the most grotesquely overstimulated consumer spending ever.
New Vehicle Sales Plunge as Prices Soar amid Supply Chain Chaos, Chip Shortages, and Depleted Inventories by Wolf Richter • Oct 5, 2021 • 188 Comments Ford, whose sales plunged 18%, is suddenly No. 1 for September. That’s how bad it is.