Nafta is Dead. Long Live Nafta by Wolf Richter • Aug 27, 2018 • 70 Comments The biggest problem with Nafta remains unaddressed: Wage repression in Mexico, including via “protection contracts” as condition for building a plant.
US Yield-Curve Looks Hell-Bent on Inverting, “Flattest” Since Aug 2007 by Wolf Richter • Aug 26, 2018 • 62 Comments How does it compare to German, Japanese, and Chinese yield curves?
Fed Economists Deliver Ammo for Hawkish Approach to Inflation by Wolf Richter • Aug 26, 2018 • 49 Comments Because “outsized deviations of inflation from its target are a plausible outcome.”
No Tesla Deal! Musk Backpedals Furiously Friday Night by Wolf Richter • Aug 24, 2018 • 60 Comments “Funding secured” was a lie, conceived to manipulate up the share price.
My Inner Contrarian Wakes Up: Gold Short Positions Hit Record by Wolf Richter • Aug 24, 2018 • 114 Comments Speculators in gold price futures are short 670 tonnes – the biggest bearish position in 25 years.
Here Comes the 2nd Wave of Big Money in the “Buy-to-Rent” Scheme by Wolf Richter • Aug 23, 2018 • 127 Comments A different set of private-equity firms, at the peak of the market, as brokers constantly blame low inventories of single-family houses for sky-high prices.
Introducing My New Fed Hawk-O-Meter by Wolf Richter • Aug 22, 2018 • 72 Comments It spikes 150% from year ago. Caveats apply. Grain of salt helpful.
Another Sears Holdings Spinoff Dies by Wolf Richter • Aug 22, 2018 • 55 Comments Lowe’s finally seems to get the brick-and-mortar meltdown.
Subprime Begins to Haunt Credit Card Balances by Wolf Richter • Aug 21, 2018 • 60 Comments Delinquencies soar past Financial-Crisis peak at the nearly 5,000 smaller US banks, and these are the good times. What’s going on?
Average Age of Cars & Trucks by Household Income and Vehicle Type over Time by Wolf Richter • Aug 21, 2018 • 79 Comments A deep dive based on the report by the Federal Highway Administration for 2017 compared to 2009.