Time to Revisit that Crazy Lumber Price Spike that Died and Came Back to Life by Wolf Richter • Jan 13, 2022 • 142 Comments The spike was thought to be buried and relegated to history. Turns out, it was an undead spike that’s now roaming the land again, wreaking havoc
Shipping Expenses in the US Go Through the Roof by Wolf Richter • Jan 13, 2022 • 101 Comments Amid transportation chaos & delays, high demand, soaring diesel prices, and labor shortages.
Purchasing Power of the Dollar Goes WHOOSH! by Wolf Richter • Jan 12, 2022 • 270 Comments Worst inflation in 40 years is spreading deeper into the economy.
Most Reckless Fed Ever: “Real” Federal Funds Rate Now the Most Negative Ever by Wolf Richter • Jan 12, 2022 • 159 Comments Even most junk bonds have negative “real” yields. And the Fed is still fueling this madness.
After the Shortage, a Glut? Semiconductor Sales Hit Record for 7th Month. Hundreds of Billions in New Investments Planned by Wolf Richter • Jan 12, 2022 • 76 Comments But will there be enough demand in 2023 or beyond for all this new capacity in such a cyclical industry?
Wage Price Spiral Takes Off, Companies Point at it: Albertsons Shares -8%, JP Morgan’s Dimon Sees “Huge Pressure” on Labor Market by Wolf Richter • Jan 11, 2022 • 175 Comments The Fed finally sees it too.
I Was Offered Fake 5-Star Reviews in Quantity of 10s on Google, Facebook, Tripadvisor, Yelp: Turns Out, They’re Amazingly Cheap by Wolf Richter • Jan 10, 2022 • 159 Comments They even use “software” to hide that the reviews came from India.
Buyers’ Strike Finally? Dynamics of Crazy Used-Vehicle Prices Weakened, Retail Sales Fell, Supply Ballooned to 23% Above Normal by Wolf Richter • Jan 9, 2022 • 157 Comments Are these crazy used-vehicle prices finally triggering some resistance among buyers?
Treasury Yields & Mortgage Rates Spike: Markets Begin to Grapple with Quantitative Tightening by Wolf Richter • Jan 8, 2022 • 198 Comments This is now moving fast.
Hard to Imagine the Labor Market Will Go Back to Pre-Pandemic Dynamics. Too Much Has Changed by Wolf Richter • Jan 7, 2022 • 224 Comments People got thrown out of a rut and thought about how to move forward differently. We can see that increasingly in the numbers.
