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.
My “Wealth Effect Monitor” & “Wealth Disparity Monitor” for the Fed’s Money-Printer Economy: December Update by Wolf Richter • Dec 27, 2021 • 281 Comments Billionaires got more billions, bottom half of Americans got peanuts and inflation.
Inventories of New Houses for Sale Highest since 2008, Worst Spike in Construction Costs in at Least 50 Years: What the Heck Is Going On? by Wolf Richter • Dec 26, 2021 • 160 Comments A look at massive distortions and massive supply in the pipeline.
Glorious Effects of Money-Printing Bail Out Manhattan Luxury Housing Market in 2021, after it Fell on Hard Times by Wolf Richter • Dec 24, 2021 • 114 Comments “Perhaps the biggest pandemic trend was this: The rich got richer — and they also bought bigger”: Olshan Realty.