Where Condos Already Came Unglued: 10 Big Cities with Price Drops from 10% to 22% from Peak by Wolf Richter • Mar 21, 2025 • 80 Comments Austin, Oakland, San Francisco, Detroit, New Orleans, Jacksonville, Denver, Portland, Seattle, Mesa. Tampa is almost there, as are other markets.
Buyers Strike Not Letting Up: Sales of Existing Homes Have Worst February since 2009, as Inventory Surges by Wolf Richter • Mar 20, 2025 • 85 Comments Too-high prices trigger demand destruction, market freezes.
Fed Sticks to Wait-and-See, Sees Only 2 Cuts in 2025, “Dot Plot” Shifts Hawkish amid Rising Inflation & “Uncertainties.” Slows Treasury QT, Maintains MBS QT by Wolf Richter • Mar 19, 2025 • 156 Comments “Dot plot”: 8 of 19 participants see either no cut or just 1 cut in 2025.
Who Holds the Ballooning US Government Debt, even as the Fed and Foreign Holders Unloaded Treasury Securities in Q4? by Wolf Richter • Mar 18, 2025 • 59 Comments An increasingly important question in iffy times. Here are the holders as of Q4, who dumped, who bought.
Not Just in the US: Inflation Dishes Up Another Nasty Surprise in Canada, Throwing Further Rate Cuts into Doubt by Wolf Richter • Mar 18, 2025 • 64 Comments But it’s not in housing; it’s spread across much of the economy. And it’s not just the end of the temporary GST (goods & service tax) holiday.
Retail Sales in February Were Confusing by Wolf Richter • Mar 17, 2025 • 52 Comments Ecommerce sales jumped. General merchandise retailers, supermarkets, etc., booked solid gains. Lower prices cut gasoline & auto sales. But restaurants?
The Most Splendid Housing Bubbles in America, Feb 2025: The Price Drops & Gains of 33 Largest Costliest Housing Markets by Wolf Richter • Mar 17, 2025 • 114 Comments Below 2022 highs: Austin, San Francisco, Phoenix, San Antonio, Denver, Sacramento, Dallas-Ft. Worth, Portland, Salt Lake, Seattle, Tampa, Raleigh, Houston, Atlanta, Charlotte, Nashville, Las Vegas, Minneapolis, Orlando…
Will Economic Detox Lead to a Recession? Maybe Not. But a Long Deep Stock Market Rout Will (See Dotcom Bust) by Wolf Richter • Mar 14, 2025 • 220 Comments “We’re focused on the real economy,” Bessent said. “Ouch,” stocks said. Where did the Trump put go?
Money Market Funds & CDs: Americans’ $11-Trillion in Cash, Not Trash, Much of it Still Earning 4%+ by Wolf Richter • Mar 14, 2025 • 87 Comments Tsunami of cash is still washing over money market funds. But banks’ fight for deposits is over.
It’s Again the Hefty Up-Revisions that Heat PPI Inflation: Been Happening Month after Month by Wolf Richter • Mar 13, 2025 • 79 Comments January was up-revised to worst increase since August 2023, PPI inflation doubling in 12 months. February unchanged, waiting for up-revision.
