Household Money-Market Funds & Large CDs Hit Records despite Lower Yields. But Sorry, It’s Not “Cash on the Sidelines” by Wolf Richter • Jan 12, 2026 • 28 Comments Their balances ballooned even as prices of stocks, gold, silver, et al. surged to records. Everything surged. Almost.
Ugly Charts of US Auto Sales, 2025: Stellantis, Nissan Flirt with Catastrophe. GM, Ford, Honda Sales Rise but far below Peaks. Toyota & Hyundai-Kia Set Records by Wolf Richter • Jan 6, 2026 • 135 Comments New-vehicle sales in 2025 rise barely above 1986: Four decades of structural stagnation, plunges, and partial recoveries.
Tesla’s Deliveries Plunge, Worst Q4 since 2022. Annual Sales Drop for 2nd Year. Cybertruck now a Failed Model by Wolf Richter • Jan 2, 2026 • 121 Comments But Model Y was #1 US bestseller through Q3 before EV incentives ended. And Tesla’s hype machine works: TSLA trades at a P/E ratio of 300, other automakers at 10 to 20.
Long View of the S&P 500 & Stock Markets of Canada, Japan, China, Hong Kong, India, UK, France, Germany, Italy, Spain by Wolf Richter • Dec 31, 2025 • 70 Comments American hot money piling into some foreign markets produced gigantic gains in 2025 (Spain +49%).
IPO Bloodletting after “Pop” in 2025: Venture Global, CoreWeave, Figma, Klarna, Bullish, Circle Internet, Navan, Firefly, Fermi… by Wolf Richter • Dec 29, 2025 • 51 Comments Of the largest 20 IPOs, 14 trade below their IPO price; only 6 trade above it. Many plunged from their post-IPO pop.
Lennar Further Cuts Average Sales Price of New Homes, to Lowest since 2017, -25% from Peak: That’s what this Housing Market Needs by Wolf Richter • Dec 17, 2025 • 65 Comments Lower prices & lots of new supply. Deliveries & backlog rose. Profit margins, profits, & shares plunged.
CEO of ICE on Making Mortgages “Portable” & “Assumable” in the Era of MBS, and on AI at ICE and its Impact on Hiring by Wolf Richter • Dec 10, 2025 • 36 Comments “I look at our own behavior, which is we’re kind of slow walking some of that kind of hiring now because we’re using these tools.”
Manufacturing Grew for 10th Month of 11 in 2025: S&P. Manufacturing Declined for 9th Month Straight: ISM. What Gives? by Wolf Richter • Dec 1, 2025 • 19 Comments What even are these manufacturing PMIs?
AI-Spending War and AI-Debt Pile-Up Could Squeeze Share Buybacks by Wolf Richter • Nov 24, 2025 • 95 Comments Apple, Alphabet, Microsoft, Oracle, Meta, and Nvidia spent $1.1 trillion on share buybacks in 5 years to pump up their shares. That’s at risk.
Inflation Rages in Streaming Services by Wolf Richter • Nov 12, 2025 • 115 Comments Consumers, despite their ultra-foul mood, are not pushing back with waves of cancellations that would keep a lid on streamflation.
