“Wage Pressures,” “Robust Wage Growth,” “Wage Inflation,” even “Wage War” Plastered All Over Fed’s Beige Book by Wolf Richter • Oct 20, 2021 • 148 Comments Wages are heating up. And it’s also now starting to show up in the data: The wage component in the fuel for persistent big inflation.
The “Everything Shortage”: Why Is Everything so Expensive & out of Stock? by Wolf Richter • Oct 20, 2021 • 143 Comments My take on a massive mess.
10-Year Yield Jumped to 1.66% as Fed’s Waller Got Hawkish, Shredded Inflation Indexes that Strip out Food, Energy & Outliers, Put Faster Taper & Sooner Rate Hikes on Table by Wolf Richter • Oct 19, 2021 • 136 Comments “Greatly concerned” that inflation “will not prove temporary.”
What P&G Said about Soaring Costs, Supply Chain Woes, Inflation, and Trying to Keep Shelves Stocked by Wolf Richter • Oct 19, 2021 • 152 Comments Profit fell despite price increases, more price increases coming to a shelf near you. “We do not anticipate any easing of costs.”
Hit by Shortages, Vehicle & Parts Production Plunged to Lowest since Lockdown. Oil & Gas Has New Script by Wolf Richter • Oct 18, 2021 • 141 Comments Industrial production over the long term is a sad sight, powered by offshoring.
THE WOLF STREET REPORT: China’s Model of Dictated Economic Growth Blew Up by Wolf Richter • Oct 17, 2021 • 152 Comments What’s left of the debt-fueled property speculation that drove growth is a huge explosive mess and an enormous amount of debt.
Not Getting Better: Relentless Retail Inventory Squeeze amid Shortages & Supply Chain Chaos by Wolf Richter • Oct 16, 2021 • 167 Comments Holiday selling season is going to be a mess: Look not for what you want but for what the store has.
Banks Disclose Tidbits of Hidden Stock Market Leverage, as Known Stock Market Leverage Surges by Wolf Richter • Oct 15, 2021 • 115 Comments No one knows total stock market leverage, but it’s huge and ballooning, as we see from the tidbits we’re allowed to see.
Free-Money-Blow-Off Spike in Retail Sales Got Refueled by Spiking Prices by Wolf Richter • Oct 15, 2021 • 100 Comments A monstrously overstimulated economy that caused global supply chains and transportation systems to buckle.
The Amazing Explosion of New Businesses Continues as Americans Strike Out on their Own by Wolf Richter • Oct 14, 2021 • 136 Comments And my 2 cents about the high “failure rates” of new businesses, being a small-business owner myself.
