How the Massive Gains in Average Hourly Wages Look Ludicrous Compared to the Reality of Spiking Prices by Wolf Richter • Apr 1, 2022 • 175 Comments Rents, houses, used and new vehicles, gasoline, groceries, forget it, hahahaha
After Huge Spike in Prior Month, “Real” Spending by Americans Dips to Second Highest Ever. But Income Walloped by Inflation by Wolf Richter • Mar 31, 2022 • 172 Comments Spending shifts slowly back to services. But spending on goods still massively above trend, despite supply shortages.
Bond Massacre, Inflation Prick Biggest Bond Bubble in History by Wolf Richter • Mar 30, 2022 • 173 Comments The dollar’s role as dominant global reserve currency is at risk if the Fed fails to crack down on inflation (transcript from my podcast).
Inflation Blows Out in Germany, Spain. Started a Year Ago on Money Printing, NIRP, Supply Chain Chaos. War Threw Fuel on Already Raging Fire by Wolf Richter • Mar 30, 2022 • 143 Comments Double-digit inflation has already been raging in several European countries.
The Most Splendid Housing Bubbles in America, March Update: Just Before the Great Spike in Mortgage Rates by Wolf Richter • Mar 29, 2022 • 246 Comments Raging mania to lock in mortgage rates when they were still at 3.2%. But now they’re near 5%.
US Natural Gas Production and LNG Exports amid Urgent Demand for LNG from Europe by Wolf Richter • Mar 28, 2022 • 126 Comments Biggest buyers of US LNG: South Korea, China, Japan, Brazil. But Mexico bought more US natural gas than all four combined.
THE WOLF STREET REPORT: Bond Massacre, Inflation Prick Biggest Bond Bubble in History by Wolf Richter • Mar 27, 2022 • 224 Comments The dollar’s role as dominant global reserve currency is at risk if the Fed fails to crack down on inflation.
The Treasury Bond Massacre and the Spike to 5% Mortgage Rates: This is All Going Very Fast by Wolf Richter • Mar 26, 2022 • 285 Comments Junk bonds are still in la-la-land though, Apocalypse but not now.
Another Miracle-IPO Stock Collapsed by 82% since the IPO. Wall Street Hype & Hoopla Machine Screeches to a Halt by Wolf Richter • Mar 25, 2022 • 154 Comments The end of a truly amazing era.
Mortgage Rates Are Rising Much Faster than Treasury Yields. What’s the Deal? by Wolf Richter • Mar 24, 2022 • 231 Comments Is the spread heading to what happened in the 1970s and 1980s when the Fed battled blow-out inflation?
