Social Security COLA for 2023 Biggest since 1981, Might Finally Outpace Inflation, Unless Inflation Dishes Up More Surprises by Wolf Richter • Oct 13, 2022 • 197 Comments Beneficiaries got whacked over the head in 2021 and 2022 by raging inflation that outran the COLAs.
The WOLF STREET Real-World New-Vehicle Price Index, F-150 XLT & Camry LE, 2023 Models: Ford’s Truck Price Shocker by Wolf Richter • Oct 12, 2022 • 132 Comments But Toyota barely raised the price of the Camry. Here are 32 years of real-world price increases compared to the CPI for New Vehicles.
Something Big Has Already Broken: Price Stability by Wolf Richter • Oct 11, 2022 • 138 Comments The Fed will tighten “Until Something Breaks?” Wait a minute…
Bank of England Bought Only Small Amounts of Bonds even Today, Warns Pension Funds They Have “Only Three Days Left” to Unwind Derivatives with BOE Support by Wolf Richter • Oct 11, 2022 • 104 Comments BOE is caught between 10% inflation it needs to crack down on with rate hikes & QT and a crisis over derivatives that leveraged UK pension funds blew their brains out with.
There’s Lots of “Liquidity” in the Treasury Market, but at Higher Yields, in this Raging Inflation by Wolf Richter • Oct 10, 2022 • 185 Comments Higher Yields Solve “Liquidity” Problems.
Cutting-Edge US Semiconductor Makers Crushed by One Thing after Another in 2022 after Mind-Boggling Bubble in 2020 & 2021 by Wolf Richter • Oct 10, 2022 • 96 Comments Nvidia -66% from the high, AMD -64%, Intel -62%, Marvell Technologies -57%, Micron -48%.
THE WOLF STREET REPORT: Something Big Has Already Broken: Price Stability by Wolf Richter • Oct 9, 2022 • 331 Comments The Fed will tighten “Until Something Breaks” and then pivot? Wait a minute…
Shock & Awe Balance Sheet Reduction at the Bank of Japan: Assets Drop 7.3% from Peak by Wolf Richter • Oct 7, 2022 • 84 Comments Inflation spiking, yen getting beaten half to death, yield peg under attack, and Kuroda’s term won’t expire till April. Here’s what the BOJ did.
Most Contorted Job Market Ever Struggling to Revert to Normalcy? by Wolf Richter • Oct 7, 2022 • 154 Comments Last jobs report before next Fed meeting. Not giving the Fed any material for second thoughts about ratcheting up its rates.
Fed’s QT: Total Assets Drop by $206 Billion from Peak by Wolf Richter • Oct 6, 2022 • 111 Comments What the Fed did in details and charts. And, well, “Primary Credit” is starting to show up again.
