Markets Suddenly Hear Hawkish Fed: Stocks Sag, ARKK Plunges, Yields Jump, Cryptos (the New Hedge Against Inflation) Fail to Hedge, Plunge in Sync by Wolf Richter • Jan 5, 2022 • 203 Comments Quantitative Tightening coming sooner, faster, and bigger, according to the Fed’s minutes today.
End of Easy Money: Monstrous Money-Printer Bank of Japan Stops Printing Money, Cuts Government Securities Below July 2020 Level by Wolf Richter • Jan 5, 2022 • 87 Comments Its much-hyped but minuscule stock ETF holdings are on ice too.
Workers See Their New Power, Quit in Record Numbers to Get Better Jobs at Companies Struggling to Fill 10.6 Million Openings by Wolf Richter • Jan 4, 2022 • 196 Comments Workers come out ahead, a phenomenon not seen in many decades, as desperate employers poach workers from each other.
Status of the Office Glut in Houston, San Francisco, Manhattan, Los Angeles, Chicago, Washington DC, Seattle by Wolf Richter • Jan 3, 2022 • 64 Comments Companies adjust their office footprint to working from home.
What I See for 2022: Interest Rates, Mortgage Rates, Real Estate, Stocks & Other Assets as Central Banks Face Raging Inflation by Wolf Richter • Jan 2, 2022 • 258 Comments An extra-special cocktail of three powerful ingredients with no cherry on top awaits us in 2022.
Interview: Inflation, the Housing Market, Chip Shortages, and a Messed-Up New Vehicle Market by Wolf Richter • Jan 2, 2022 • 45 Comments Going to be an interesting year.
Fed Drains $1.9 Trillion in Liquidity from Market via Overnight Reverse Repos by Wolf Richter • Dec 31, 2021 • 162 Comments Banks unloaded cash today for quarter-end window dressing. Money markets funds are biggest counterparties, Fidelity, Vanguard, Blackrock on top.
US Dollar’s Status as Dominant “Global Reserve Currency” at 25-Year Low. And USD Exchange Rates? by Wolf Richter • Dec 30, 2021 • 183 Comments Euro’s 20th birthday after dreams of “Dollar Parity” put on ice during Euro Debt Crisis. Central banks still leery of Chinese renminbi.
Stimulus for the Rest of the World: Imports Spike, Trade Deficit in Goods Worsens Relentlessly by Wolf Richter • Dec 29, 2021 • 204 Comments Three-decade trend brought about by Corporate America and the religion of globalization.
The Most Splendid Housing Bubbles in America, Dec. Update: But Prices Stalled in San Francisco, Boston, Washington by Wolf Richter • Dec 28, 2021 • 196 Comments The raging mania slows. But it’s still a raging mania.
