THANK YOU đź’– for Your Wonderful Support of WOLF STREET!! If You Missed it this Week, a Reminder: Please Donate by Wolf Richter • Nov 17, 2023 • 23 Comments Your support keeps WOLF STREET open to all, and not locked up behind a paywall. I immensely appreciate every donation.
The Collapse of EV-Charger SPACs: ChargePoint CEO Sacked, CFO out, Revenues Plunge, Losses Mount, Shares -96% from Peak. EVgo Not Far Behind by Wolf Richter • Nov 17, 2023 • 131 Comments With EV charging, America is divided into two parts: Tesla’s network and everything else.
Walmart: Consumers No Longer Willing to Pay Whatever. Prices of Goods Fall Broadly, as Inflation Shifted to Services by Wolf Richter • Nov 16, 2023 • 162 Comments Food is the exception and pricing levels “continue to be a concern”: Walmart CEO. Sky-high food prices rose further.
The Most Splendid Housing Bubbles in Canada: Prices Drop to where They’d Been 2 Years Ago, Sales Swoon, Supply Rises by Wolf Richter • Nov 15, 2023 • 72 Comments From peak in March 2022, prices fell 15.6%, in Toronto 17.2%. But Calgary reached a new high (still waiting for the memo?).
Surging “Mortgage Demand” and “Declining Spending,” Really? Let’s Have a Look at Reality by Wolf Richter • Nov 15, 2023 • 88 Comments Home buyers “seize a dip in rates” and rush into the housing market, LOL?
Beneath the Skin of CPI Inflation by Wolf Richter • Nov 14, 2023 • 123 Comments Energy plunges, durable goods drop, food ticks up from sky-high levels, but meat re-surges, services are hot, rents accelerate, auto insurance spikes.
The Collapse of the Health Insurance CPI (How it Became Chickenshit) by Wolf Richter • Nov 14, 2023 • 160 Comments The BLS now tweaked the methodology after letting it go haywire for two years. This fiasco should be a career-ender for the top of the BLS.
Yen Gyrates Lower as Japan Goes for Weak Yen, Higher Government Bond Yields, but Moves Must Be Orderly by Wolf Richter • Nov 13, 2023 • 81 Comments They will never hand full control over yields to the market.
Dear Readers, Please Donate to WOLF STREET: Fall 2023 Reminder by Wolf Richter • Nov 12, 2023 • 50 Comments Your support is key to keeping WOLF STREET free and open to all.
Could it Be the Fed’s Mega-QE Created so Much Liquidity that Tightening Doesn’t Work until this Excess Gets Burned Up? by Wolf Richter • Nov 10, 2023 • 400 Comments Financial Conditions loosen further: credit markets blow off the Fed to make sure “higher for longer” gets entrenched? That would be funny.
