Semiconductor Shortage Slams Auto Sales in June. Ford Swoons. Toyota, after Hoarding Chips, Blows Away GM for First Time Ever by Wolf Richter • Jul 3, 2021 • 153 Comments Toyota, pioneer of just-in-time inventory, goes: Hahahahaha…
The Weird Phenomena of “Labor Shortages” While 7.1 Million Fewer People Are Working by Wolf Richter • Jul 2, 2021 • 348 Comments The #1 weird phenomenon: The labor force.
It Gets Ugly in US Office Markets, Working from Home Shows Up by Wolf Richter • Jul 1, 2021 • 117 Comments Oil Bust Houston hardest-hit. San Francisco, once hottest US market, coddles up to it, followed by Los Angeles, Chicago, Washington D.C., Seattle, and Manhattan.
Consumers Pay Whatever it Takes, Vehicle Prices Go Nuts, Dealers Make Record Profits, Whole Mindset Changed. Is This Inflation Temporary? by Wolf Richter • Jun 30, 2021 • 262 Comments The used vehicle price spike will subside, partially, but the psychological aspects of inflation have set in.
Fed’s Reverse Repos Spike to $1 Trillion. Cash Drain Undoes 8 Months of QE by Wolf Richter • Jun 30, 2021 • 139 Comments Giant sucking sound of cash.
The Most Splendid Housing Bubbles in America: Holy Moly. June Update by Wolf Richter • Jun 29, 2021 • 488 Comments What we’re looking at: Raging House-Price Inflation.
While Fed Is in Denial, Hawkish Bank of Russia Sees Inflation as “Not Transitory,” Warns of Possible Shock-and-Awe Rate Hike by Wolf Richter • Jun 28, 2021 • 165 Comments US Inflation is almost as hot as in Russia, but the Fed is still blowing it off.
Anatomy of San Francisco Now: Fewer People, Jobs, Tourists, & Businesses, But More Spending by the Hangers-on (But that Was Inflation) by Wolf Richter • Jun 27, 2021 • 162 Comments The recovery as it were, after everything went to heck but didn’t.
Pay More, Get Less: Consumer Income & Spending Chewed Up by Red-Hot Inflation by Wolf Richter • Jun 25, 2021 • 184 Comments Inflation ate my homework?
Fed’s Lowest Lowball Inflation Gauge “Core PCE” Spikes Most Since 1983 by Wolf Richter • Jun 25, 2021 • 109 Comments There are whole generations who never experienced this type of inflation, this type of destruction of the dollar’s purchasing power
