Who Holds the Ballooning US Government Debt, even as the Fed and Foreign Holders Unloaded Treasury Securities in Q4? by Wolf Richter • Mar 18, 2025 • 15 Comments An increasingly important question in iffy times. Here are the holders as of Q4, who dumped, who bought.
Not Just in the US: Inflation Dishes Up Another Nasty Surprise in Canada, Throwing Further Rate Cuts into Doubt by Wolf Richter • Mar 18, 2025 • 48 Comments But it’s not in housing; it’s spread across much of the economy. And it’s not just the end of the temporary GST (goods & service tax) holiday.
Retail Sales in February Were Confusing by Wolf Richter • Mar 17, 2025 • 52 Comments Ecommerce sales jumped. General merchandise retailers, supermarkets, etc., booked solid gains. Lower prices cut gasoline & auto sales. But restaurants?
The Most Splendid Housing Bubbles in America, Feb 2025: The Price Drops & Gains of 33 Largest Costliest Housing Markets by Wolf Richter • Mar 17, 2025 • 102 Comments Below 2022 highs: Austin, San Francisco, Phoenix, San Antonio, Denver, Sacramento, Dallas-Ft. Worth, Portland, Salt Lake, Seattle, Tampa, Raleigh, Houston, Atlanta, Charlotte, Nashville, Las Vegas, Minneapolis, Orlando…
Will Economic Detox Lead to a Recession? Maybe Not. But a Long Deep Stock Market Rout Will (See Dotcom Bust) by Wolf Richter • Mar 14, 2025 • 218 Comments “We’re focused on the real economy,” Bessent said. “Ouch,” stocks said. Where did the Trump put go?
Money Market Funds & CDs: Americans’ $11-Trillion in Cash, Not Trash, Much of it Still Earning 4%+ by Wolf Richter • Mar 14, 2025 • 87 Comments Tsunami of cash is still washing over money market funds. But banks’ fight for deposits is over.
It’s Again the Hefty Up-Revisions that Heat PPI Inflation: Been Happening Month after Month by Wolf Richter • Mar 13, 2025 • 79 Comments January was up-revised to worst increase since August 2023, PPI inflation doubling in 12 months. February unchanged, waiting for up-revision.
Beneath the Skin of CPI Inflation: Pace Slows from Spike Last Month, but 6-Month CPI Accelerates Further, Worst Increase since September 2023 by Wolf Richter • Mar 12, 2025 • 73 Comments Natural gas and electricity pushed up energy costs in February, despite drop in gasoline prices. Used vehicle prices continued to surge.
Kohl’s Spirals into Brick-and-Mortar Meltdown, Blames “Constrained” Consumers, but it’s Just Losing them to Ecommerce, which is Booming by Wolf Richter • Mar 11, 2025 • 103 Comments The stock plunged 24% today to lowest since 1997, down 89% from peak, and has joined our Imploded Stocks.
Labor Market Dynamics Tighten Further. Job Openings, Quits, Hires Rise, Layoffs & Discharges Drop, Back Fed’s Wait-and-See by Wolf Richter • Mar 11, 2025 • 16 Comments The low point was in September. The Fed faces a scenario of re-accelerating inflation amid a retightening labor market.
