Plunge of Retail Inventories, Collapse of New & Used Vehicle Inventories: The Shortages Depicted in Charts by Wolf Richter • Jul 18, 2021 • 146 Comments Inventories at retailers document this mess.
Americans Pay More to Get Less: Retail Sales Outrun by Inflation by Wolf Richter • Jul 16, 2021 • 219 Comments Welcome to Fed’s New World of Inflation.
Did People Use their Stimulus to Start a Business? The Spike in New Businesses, one of the Mindblowers of the Pandemic by Wolf Richter • Jul 15, 2021 • 116 Comments Now it’s confirmed, it wasn’t for PPP-loan fraud.
This “Temporary” Inflation Is Turning into an Inflation Spiral by Wolf Richter • Jul 15, 2021 • 262 Comments Get Used to Higher Inflation. My Thoughts on the Biggest Mess I’ve Seen in Decades (transcript).
Bank of Canada Cuts Bond Purchases for 3rd Time, Bank of New Zealand Stops QE Cold-Turkey, Citing Housing Bubble in “Least Regrets Policy,” Following a Slew of other Central Banks by Wolf Richter • Jul 14, 2021 • 150 Comments Why is the Fed so far behind the curve? Other central banks are now making room for “persistent” inflation.
And Now the WTF Spike in Transportation Costs by Wolf Richter • Jul 14, 2021 • 67 Comments They’re getting passed on and feed into the inflation scenario.
While the Fed Fiddles, the Dollar Burns: Dollar’s Purchasing Power Plunged at Fastest Pace since 1982 by Wolf Richter • Jul 13, 2021 • 330 Comments Defying economists’ expectations for sixth month in a row, inflation heats up instead of easing off. And it’s a lot worse than it seems.
Consumers Expect Red-Hot Inflation to Crush Their Earnings: Fed’s Survey by Wolf Richter • Jul 12, 2021 • 189 Comments And the folks who experienced the high inflation of the 1970s and early 1980s as adults expect inflation to hit 5.7% in one year.
The Chilling Thing Disney’s “Black Widow” Said about the Future of Movie Theater Chains by Wolf Richter • Jul 12, 2021 • 180 Comments Opening weekend ticket sales in 98th place, but streaming revenues hit it out of the ballpark.
THE WOLF STREET REPORT: This “Temporary” Inflation Is Turning into an Inflation Spiral by Wolf Richter • Jul 11, 2021 • 301 Comments Get Used to Higher Inflation. My Thoughts on the Biggest Mess I’ve Seen in Decades.