Who the Heck Bought $1.2 trillion in New US Treasuries over the past 12 Months? by Wolf Richter • Jun 15, 2018 • 61 Comments Russia, Japan, and the Fed dumped. So who bought?
Seems Impossible, but Argentina’s Peso Was Able to Collapse even Further Despite $50 Billion IMF Bailout by Wolf Richter • Jun 14, 2018 • 67 Comments Why is anyone still lending this government any money?
Dollar’s Eroding Purchasing Power Inflates Retail Sales by Wolf Richter • Jun 14, 2018 • 49 Comments Yup, consumers have to spend more to buy the same stuff.
This Fed Grows Relentlessly More Hawkish by Wolf Richter • Jun 13, 2018 • 96 Comments Gone are the kid gloves.
Riskiest Junk Bonds Completely Blow Off the Fed, Face “Sudden” Reckoning by Wolf Richter • Jun 13, 2018 • 20 Comments Still dreaming in la-la-land.
In these US Cities, Consumers Suffer the Hottest Inflation by Wolf Richter • Jun 12, 2018 • 43 Comments Dallas-Fort Worth, not San Francisco, is in second red-hottest place.
The Dollar’s Purchasing Power Drops 2.9% in May from Year Ago, Fastest Drop since Nov 2011 by Wolf Richter • Jun 12, 2018 • 40 Comments Even as “hedonic quality adjustments” perform miracles to repress surging new and used vehicle inflation.
Finally: SEC Frets about Share Buybacks, “Torrent of Corporate Trading Dominating the Market” and “Short-Term Financial Engineering” by Wolf Richter • Jun 11, 2018 • 70 Comments “Right after the company tells the market the stock is cheap, executives overwhelmingly decide to sell.”
Nuts & Bolts of the Car Business: Subprime Loans, High Vehicle Prices & Big Discounts, EVs, and Why Automakers are Dropping Car Lines by Wolf Richter • Jun 11, 2018 • 68 Comments Wolf Richter with Jim Goddard on This Week in Money:
My Views on US-Canada Trade, Steel’s Impact on National Security, NAFTA, and the Dollar by Wolf Richter • Jun 9, 2018 • 32 Comments Trade agreements are designed to benefit companies, not people – which is part of the problem.