Oh Elon! Tesla Crushed Further in California in Q1, Non-Tesla EV Sales Soar. Cybertruck Joining Failed Models of Automotive History? by Wolf Richter • Apr 17, 2025 • 118 Comments Non-Tesla EV sales +36% YoY. Tesla sales plunge to lowest since Q3 2022. Cybertruck sales fall for 2nd quarter in a row.
Foreign Investors Massively Bought US Treasury Securities in February: China, Japan, Canada, Euro Area, UK, Financial Centers, Taiwan, India, even Brazil by Wolf Richter • Apr 16, 2025 • 81 Comments Biggest increase since June 2021. And they mostly bought long-term Treasury debt. No major holder dumped.
Drunken Sailors Back in Splurge Mode, Retail Sales Surge. Even at Restaurants & Bars not Part of Frontrunning Tariffs by Wolf Richter • Apr 16, 2025 • 62 Comments The recession is going to have to get back in line and wait.
Nvidia Makes Mess Afterhours, Discloses $5.5 Billion in Charges due to US Export Restrictions on its H20 Chip for China by Wolf Richter • Apr 15, 2025 • 112 Comments Stock down 6.5%, Nasdaq futures down 1.5%.
The Most Splendid Housing Bubbles in Canada, March 2025: Sales Plunge, Supply Surges, Overall Prices Drop to Multi-Year Lows, Driven by Toronto by Wolf Richter • Apr 15, 2025 • 62 Comments But in some metros, prices continued to spike. By Metro: Toronto, Vancouver, Victoria, Calgary, Ottawa, Montreal, Halifax, Edmonton, Winnipeg, Quebec City.
Our Drunken Sailors Are Back: Sales of Used Vehicles Surge in March, same as New Vehicles. Retail Sales Might Look Good by Wolf Richter • Apr 14, 2025 • 77 Comments Despite their foul mood, consumers are splurging on vehicles and may also be splurging on other products.
10-Year Treasury Yield Snaps Back to February’s 4.5%, Yield Curve Re-Un-Inverts, Mortgage Rates Back at 7% by Wolf Richter • Apr 12, 2025 • 147 Comments The aggressive Bash-Down by the White House of long-term Treasury yields and the dollar since January worked. Until it didn’t.
OMG the Dollar Is Collapsing, or Whatever by Wolf Richter • Apr 11, 2025 • 154 Comments Despite the “Dollar’s Collapse,” the USD remains in its 3-year range and a lot higher than it was before.
PPI Pushed into Negative by Dropping Prices of Many Goods and Services by Wolf Richter • Apr 11, 2025 • 85 Comments The Producer Price Index is where tariffs will show up first, whether or not companies can pass on those cost increases.
Beneath the Skin of CPI Inflation: Surging Prices of Food, Housing, Medical Care Meet Plunging Prices of Gasoline & Travel Services by Wolf Richter • Apr 10, 2025 • 173 Comments Worst food inflation since 2022. Worst housing inflation in months. But plunging prices for lodging, rental cars, and airfares are interesting.
