Biggest Mess I’ve Ever Seen: Used-Vehicle Wholesale Prices Spike to Ridiculousness. Just Wait till they Hit CPI Again by Wolf Richter • Dec 7, 2021 • 206 Comments Supply suddenly jumps, Thanksgiving weekend gets credited.
Social Security COLA Calculations May Get Changed to CPI-E as Part of the Reform Bill. What Does it Mean for Retirees? by Wolf Richter • Dec 6, 2021 • 164 Comments Watch out for the costs of housing, medical care, and gasoline.
Mayhem Beneath the Surface of the Stock Market by Wolf Richter • Dec 5, 2021 • 282 Comments But on the surface, stocks still look hunky-dory.
Will Inflation Be Allowed to Run Wild? What a Crackdown on Inflation Will Do to Stocks, Bonds & Housing at these Prices by Wolf Richter • Dec 4, 2021 • 212 Comments With widespread, massive, and entrenched inflation, there is no soft landing.
People Balk at Regular Old Grind, Strike Out on the Own by Wolf Richter • Dec 3, 2021 • 167 Comments Number of Workers Jumps by Massive 1.14 Million in Nov as People Strike Out on Their Own. But Employers Can’t Fill Vacancies.
DocuSign, Worth $46 billion at 4 p.m., Plunges 30% Afterhours as “the Environment Shifted More Quickly than We Anticipated” by Wolf Richter • Dec 2, 2021 • 104 Comments At the tippy top of the greatest bubble ever, all kinds of stuff can happen.
Crushed Auto Sales, No Problem: Nov. was Most Profitable Month Ever for New Vehicle Sales as Americans Paid Whatever by Wolf Richter • Dec 2, 2021 • 166 Comments Thousands of dollars over sticker? I just don’t get this. Something big has changed in the brains of enough (but certainly not all) Americans.
When Will Consumers Balk at Surging Prices? by Wolf Richter • Dec 1, 2021 • 235 Comments That’s the big question. Looking for signs of widespread push-back but not finding much. Consumers pay whatever.
The Most Splendid Housing Bubbles in America, November Update: Another Holy-Cow Moment by Wolf Richter • Nov 30, 2021 • 244 Comments In some cities, prices out-spiked even the craziness at the apex of Housing Bubble 1 before it fell apart. In others, the heat is getting dialed down.
Microsoft CEO Nadella Dumped 50% of his MSFT Stock, Following in Elon Musk’s Footsteps by Wolf Richter • Nov 29, 2021 • 134 Comments Insiders dumping big portions of their stakes after historic share-price spikes is a sight to behold.