Despite Tesla’s Sales Drop, Total EV Penetration in the US Rises to Record 9.8%: BY Model & USA-Made Content by Wolf Richter • Jun 10, 2025 • 42 Comments Tariffs don’t apply to USA-made content. Some EVs are mostly made in the USA, others are mostly made in foreign countries.
Collapse of the Once High-Flying Solar Stocks: Another Bankruptcy among our 8 Imploded Solar Stocks by Wolf Richter • Jun 9, 2025 • 56 Comments The stock market’s solar craziness gets cleaned out stock by stock, even as solar-power generation continues to soar.
Inventory of Homes for Sale in Biggest California Markets Suddenly Piles Up to Highest in Years: Demand Has Collapsed by Wolf Richter • Jun 6, 2025 • 169 Comments Listings YoY: San Diego +66%, Los Angeles +47%, Orange County +79%, Riverside-San Bernadino +51%, San Jose & Silicon Valley +56%; San Francisco metro +40%, Sacramento +55%, Fresno +42%.
Excluding Federal Government Jobs, Payrolls Grow by 161,000 in May, Wages Jump, Despite All Moaning and Groaning by Wolf Richter • Jun 6, 2025 • 34 Comments Federal government jobs fell by 22,000, to the lowest share of total payrolls since… whenever.
Fed Balance Sheet QT: -$36 Billion in May, -$2.29 Trillion from Peak, to $6.67 Trillion, Lowest since April 2020. by Wolf Richter • Jun 5, 2025 • 56 Comments The Fed improves its Standing Repo Facility to prevent another repo market blowout as the balance sheet continues to drop.
Banks Getting Rid of Bad CRE Loans: Dutch Megabank ING Dumps One of the Largest Office Properties in San Francisco by Wolf Richter • Jun 5, 2025 • 30 Comments The two-tower property sold at a 75% discount. ING’s loss was much smaller. Investors took a bigger loss.
Demand in the Housing Market Just Got Even Worse, as Supply Piles Up by Wolf Richter • Jun 4, 2025 • 147 Comments Waiting for lower prices, higher incomes, and lower rates.
Hiring in the Private Sector Surges, Despite All Moaning & Groaning about the Economy or Whatever by Wolf Richter • Jun 3, 2025 • 93 Comments Layoffs & discharges as share of payrolls remain historically low: But the immense pandemic-era churn in the labor market has slowed.
Revenues from Tariffs Spiked to $23 Billion in May, up by 168% in 3 Months by Wolf Richter • Jun 2, 2025 • 88 Comments It’s not nothing: At this pace, tariffs would raise receipts from corporate taxes by 39%, but would make only a dent into the huge US deficit.
S&P’s US Manufacturing PMI Shows “Solid” Growth Powered by Jump in Domestic New Orders. Canada & Mexico PMIs Tank by Wolf Richter • Jun 2, 2025 • 18 Comments But the ISM Manufacturing PMI for the US shows contraction on declining new orders. The contradicting PMIs add to the confusing “soft data.”
