Margin Debt Plunged as Stocks Tumbled and High-Fliers Got Crushed. But Leverage Still Gigantic, Long Way to Go by Wolf Richter • Feb 18, 2022 • 176 Comments Biggest dollar-plunge ever and one of the biggest percentage-plunges.
Who Bought the $6.5 Trillion in Treasuries Piled on the Incredibly Spiking US Debt in 22 Months? Who Holds the $30 Trillion? by Wolf Richter • Feb 17, 2022 • 210 Comments The question is particularly hot because Treasuries are now ugly instruments with the worst punishment yields ever.
What are Vacant Office Towers Worth? Foreclosure Sales Show How Values of 1980s Office Towers in Houston Have Collapsed, Dishing out Huge Losses for CMBS by Wolf Richter • Feb 17, 2022 • 177 Comments The loans were securitized into CMBS in 2014. From hype to heck in 7 years. Other markets with office busts have something to stew over.
Americans Spent Money Like Drunken Sailors, But Did They Outspend the Raging Inflation in Durable & Nondurable Goods? Um, No by Wolf Richter • Feb 16, 2022 • 165 Comments Two elephants in retail: A historic spike in prices of goods and seasonal adjustments as the Pandemic upended seasonality.
When Will the Brutal Spike in Rents Drive Up CPI Inflation? How Much Will it Add to CPI? by Wolf Richter • Feb 15, 2022 • 207 Comments The numbers are already baked in and will show up over the next 24 months.
Even in Services, the Wholesale Price-Spike Is Now Relentlessly Red-Hot by Wolf Richter • Feb 15, 2022 • 120 Comments Heading toward the consumer’s wallet.
Now on the Fed’s Table: Sell Bonds Outright to Push Up Long-Term Yields, Steepen the Yield Curve, and Get Rid of MBS by Wolf Richter • Feb 14, 2022 • 249 Comments “It could be a bumpy time”: Kansas City Fed President.
What I See Ahead for the Chip Shortage & Used Car Prices. Bond Market Reacts to Inflation. The Inflection Point for Real Estate by Wolf Richter • Feb 14, 2022 • 89 Comments A once-in-a-life-time mess, at least in my lifetime.
The Collapse of the EV SPACs: Retail Investors Got Fleeced Swiftly and Spectacularly by Wolf Richter • Feb 12, 2022 • 247 Comments Four stocks collapsed by over 90% from highs. Others not far behind. SPAC-hype-boom leaves trail of SEC & DOJ investigations and class-action lawsuits.
On-Time Rent Payments Sag amid Massive Spike in Rents by Wolf Richter • Feb 11, 2022 • 199 Comments I mean, who would have thought?
