Producer Price Inflation Gets Entrenched at 10%, Worst Level in the Data by Wolf Richter • Mar 15, 2022 • 129 Comments Businesses are confident they can pass on higher prices, plus some, to consumers.
Diesel Spikes to $5.25, Gasoline to $4.32, in Historic Leaps. But Wait a Minute… Futures of Crude Oil & Gasoline Plunge by Wolf Richter • Mar 15, 2022 • 154 Comments Neck-breaker volatility in opposite directions in an unsettled market.
But Whose Money Evaporated when JP Morgan, BlackRock, Pimco, Calpers, Others Report Huge Losses on Russian Assets? by Wolf Richter • Mar 14, 2022 • 123 Comments OPM = Other People’s Money — namely from American and European retail investors and pension beneficiaries.
Massive Volatility in the Markets, Inflation out the Wazoo, Effects of Higher Interest Rates on Stocks & Real Estate, and Will High Oil Prices Cause a Recession? by Wolf Richter • Mar 14, 2022 • 67 Comments And here I am, seeing 10% CPI inflation coming this year.
Why This is the Most Reckless Fed Ever, and What I Think the Fed Should Do to Reverse and Mitigate the Effects of its Policy Errors by Wolf Richter • Mar 12, 2022 • 363 Comments The Fed’s credibility shifted from Inflation Fighter under Volcker to Wealth Disparity Creator and Inflation Arsonist under Powell. And everyone knows it.
DocuSign Shows How Gigantic the Blind Raging Mania Was and How it Suddenly Went to Heck by Wolf Richter • Mar 11, 2022 • 85 Comments And then there were the raging-mania Convertible Bonds with a conversion price of $420, hahaha.
Alibaba Plunges Below First-Day Closing Price in 2014. Golden Dragon China ETF Plunges Below its 2007 Price by Wolf Richter • Mar 10, 2022 • 78 Comments The massacre of the China ADRs. Dip buyers got taken out on stretchers.
WHOOSH, Dollar’s Purchasing Power Plunges in February as Inflation Spreads Across Services, Fed Still Pours Fuel on It by Wolf Richter • Mar 10, 2022 • 180 Comments This doesn’t even include the spike in food and energy prices over the past few weeks. They’ll show up later.
Crazy Volatility Rocks Markets, Crude Oil WTI Flash-Crashes, Treasury Yields Jump, European Stocks Spike, US Stocks Bounce by Wolf Richter • Mar 9, 2022 • 97 Comments White knuckle moments as nothing goes to heck in a straight line?
Labor Shortages Shift to Higher-Paying Industries, “Quits” Decline for Second Month but Still in the Astronomical Zone by Wolf Richter • Mar 9, 2022 • 90 Comments Is the collapse of the formerly high-flying stocks bringing day-traders back into the labor force?
