Who Bought the $5 Trillion Piled on the Monstrous US National Debt in 15 Months? by Wolf Richter • Aug 17, 2021 • 146 Comments A burning question in these crazy times.
Margin Debt Drops for First Time since March 2020, After Crazy Spike by Wolf Richter • Aug 16, 2021 • 68 Comments In the stock market, rising leverage fuels buying pressure; declining leverage fuels selling pressure.
THE WOLF STREET REPORT: What’s Behind this Messed-Up Bond Market? by Wolf Richter • Aug 15, 2021 • 141 Comments The total focus on the Fed. And then the Fed steps away.
Driving in America Changed: Rural is Up, Urban Down, Mass Transit Out by Wolf Richter • Aug 13, 2021 • 119 Comments Vacationing by car instead of going overseas, working from home instead of commuting, and to heck with mass transit.
Debt Ceiling Kicks in, Treasury General Account Plunges: Let’s See How Close to Zero it Gets Before Congress Ends this Farce by Wolf Richter • Aug 12, 2021 • 144 Comments OK, that was suddenly very fast.
Container Port Chaos in China, Soaring Freight Rates, Spiking US Producer Prices, as Fiscal & Monetary Stimulus Still Rage by Wolf Richter • Aug 12, 2021 • 146 Comments Some disruptions are “transitory,” but the spiral that the mix of ongoing over-stimulation has set off is anything but “transitory.”
Social Security COLA for 2022 Could Be Biggest since 2009 or even 1982, But Won’t Cover Cost Increases for Many Retirees by Wolf Richter • Aug 11, 2021 • 198 Comments It’s based on CPI-W for the third quarter. July came in at 6.0%.
Dollar’s Purchasing Power Plunged at Constant Speed by Wolf Richter • Aug 11, 2021 • 154 Comments Now it’s new vehicles, restaurants, energy. Game of Whac-A-Mole as some price spikes slow while others begin. But it’s a lot worse than it seems.
This Reddit Lament Sums up Wonderfully What Lots of Home Buyers Will Grapple with as Housing Market “Normalizes” and Work from Home Fizzles by Wolf Richter • Aug 10, 2021 • 284 Comments The price of FOMO.
The State of the Small Business: Hiring Problems, Inventory Shortages, and Big Price Increases by Wolf Richter • Aug 10, 2021 • 99 Comments In the current era of Stimulus Good Times, with its huge kinks.
