Did Americans Scrimp at Other Retailers to Buy Gas? Nope, not Americans. Born to Splurge by Wolf Richter • Apr 21, 2026 • 30 Comments Even without gas stations, retail sales jumped, powered by ecommerce, auto dealers, general merchandise stores, and other retailers.
Pending Home Sales Still in the Deepfreeze, Drop in the West & Midwest, Tick up in the South & Northeast by Wolf Richter • Apr 21, 2026 • 29 Comments Down by 35% from 2021, by 30% from 2019, and by 31% from 2018. The housing market is in the 4th year of this relentless mess.
Condo Prices Dropped by 12% to 31% in 31 Bigger Markets. Some Are where They’d Been 20 Years ago, such as Oakland by Wolf Richter • Apr 20, 2026 • 37 Comments Condos face some special challenges. Oakland (-31%), St. Petersburg, FL (-28%), Austin (-26%) … the names pile up.
Nasdaq up by 60% since Liberation Day Selloff and by 100% in 3 Years. People Are Just Having Fun by Wolf Richter • Apr 17, 2026 • 174 Comments While the Nasdaq gained 100%, the economy grew by 15% not adjusted for inflation. Who needs cryptos when stocks are so much fun.
The Most Splendid Housing Bubbles in America: Price Drops & Gains in 33 Big Expensive Cities, March 2026 by Wolf Richter • Apr 16, 2026 • 63 Comments From the “Mansion Shortage” in AI-bubble-epicenter San Francisco infecting mid-tier home prices, to Austin & Oakland where prices plunged over 25% since 2022.
Dear Readers, Please Donate to WOLF STREET: Spring 2026 Reminder by Wolf Richter • Apr 16, 2026 • 30 Comments Your generous support over the years has kept WOLF STREET free and open to all, without paywall. Thank you!!
The Largest Foreign Holders of US Treasury Securities and the “Basis Trade”: April 2026 Update by Wolf Richter • Apr 15, 2026 • 47 Comments Foreign demand for the ballooning US Treasury debt is an increasingly important issue. But how much of that demand is actually “foreign?”
Car & Truck Inflation in America: Cost of Vehicle Ownership Soared by 36% since 2020 by Wolf Richter • Apr 14, 2026 • 113 Comments Prices of new & used vehicles, insurance, gasoline, maintenance & repairs, parts & accessories, and fees.
PPI Jumps by over 6% Month-to-Month Annualized for 3rd Month in a Row. Energy Price Spike just Latest Wrinkle by Wolf Richter • Apr 14, 2026 • 25 Comments The hit from energy in March was softened as food and services briefly backed off. In prior months, services were the driver.
Single-Family Home Sales Drop Further into Deepfreeze, Supply Hits 10-Year High, Condo Sales Plunge to Record Low by Wolf Richter • Apr 13, 2026 • 93 Comments March was a lousy beginning of spring selling season. But mortgage rates ticked up only modestly.