Did the Fed Wait Too Long, Is the Stock Market Correction Over, Where’s the Fed Put, What’s the Psychological Effect on the Housing Market, and Will there Be Food Shortages? by Wolf Richter • May 8, 2022 • 170 Comments My take also on the strength of the dollar and the impact of fuel prices on the economy.
Holy-Moly Mortgage Rates Hit 5.64%, 10-Year Treasury Yield 3.12%, Long-Term Treasury Bond Fund Gets Massacred by Wolf Richter • May 7, 2022 • 306 Comments So the Fed Gets Ready to Walk Away from the Bond Market, and All Kinds of Stuff Happens.
State of the American Debt Slaves: Borrowing More to Buy Less due to Raging Inflation by Wolf Richter • May 6, 2022 • 132 Comments Credit card balances up 3.0% from 2019, CPI inflation up 13%, LOL. Auto sales plunged, but auto loans jumped. You guessed it, ridiculous price increases.
Complexities of a Messed-Up Labor Market: Why a Crackdown on Inflation Might Bring People Back into the Labor Force by Wolf Richter • May 6, 2022 • 129 Comments Wages Surged, But Raging Inflation Crushed the Purchasing Power of those Wages.
Massacre of the Online Retail Stocks Amazon, eBay, Wayfair, Etsy, Shopify, Chewy, The Honest Co., as Folks Shift Spending from Goods Back to Services by Wolf Richter • May 5, 2022 • 243 Comments On crappy earnings and lowered guidance, many of these highflyer stocks kathoomphed -70% to -85% from highs last year.
Powell Confident in “Softish Landing” for the Economy, But We May Keep Inflation. Markets Can Figure Out their Own Landing by Wolf Richter • May 4, 2022 • 364 Comments Most Reckless Fed Ever on the move finally, biggest rate hike since 2000, QT next, but too little too late.
How Uber Lost $5.5 billion on 4 SPAC & IPO Stocks: Grab, Didi, Aurora, Zomato. How it Got There, How They Imploded by Wolf Richter • May 4, 2022 • 77 Comments It’s funny, almost.
It Just Doesn’t Let Up: Lyft Plunges 26% Afterhours, Down 74% from the Hype-and-Hoopla Trade out the IPO Gate by Wolf Richter • May 3, 2022 • 156 Comments Another stock gets added to my Imploded Stocks column.
A Recession Might Just Eat Some of the 11.5 Million Job Openings, Labor Shortages, Other Shortages, and Not Create Much Unemployment by Wolf Richter • May 3, 2022 • 200 Comments A soft landing, cushioned by excesses, for an economy that has gone nuts.
Diesel Spikes to WTF Record $5.51, Gasoline Jumps to $4.18 by Wolf Richter • May 2, 2022 • 165 Comments But wait a minute… crude oil futures are far below a record.
