Wage Price Spiral Takes Off, Companies Point at it: Albertsons Shares -8%, JP Morgan’s Dimon Sees “Huge Pressure” on Labor Market by Wolf Richter • Jan 11, 2022 • 175 Comments The Fed finally sees it too.
My “Wealth Effect Monitor” & “Wealth Disparity Monitor” for the Fed’s Money-Printer Economy: December Update by Wolf Richter • Dec 27, 2021 • 281 Comments Billionaires got more billions, bottom half of Americans got peanuts and inflation.
Oops, Americans’ Big Pay Increases Got Run Over by Even Bigger Price Increases by Wolf Richter • Dec 23, 2021 • 211 Comments Thank you, hallelujah, for the extra money, finally. But where did it go?
When Will Consumers Balk at Surging Prices? by Wolf Richter • Dec 1, 2021 • 235 Comments That’s the big question. Looking for signs of widespread push-back but not finding much. Consumers pay whatever.
Each Worker’s Slice of After-Inflation-Income Pie Is Shrinking. But No Problem, They Spend Heroically by Wolf Richter • Nov 25, 2021 • 114 Comments A look at per-worker personal income, what’s left of it after inflation.
State of the American Debt Slaves: Foreclosure Bans, Forbearance, Delinquencies & Soaring Prices of Everything by Wolf Richter • Nov 9, 2021 • 111 Comments Home-price explosion pumps up mortgage debt.
Marred by Inflation, Inventory Shortages, and Record Trade Deficit, GDP Growth in Q3 Reverts to Decade Normal by Wolf Richter • Oct 28, 2021 • 91 Comments But still up 4.9% from a year ago – outside of the prior quarter, the hottest year-over-year growth in 20 years.
What P&G Said about Soaring Costs, Supply Chain Woes, Inflation, and Trying to Keep Shelves Stocked by Wolf Richter • Oct 19, 2021 • 152 Comments Profit fell despite price increases, more price increases coming to a shelf near you. “We do not anticipate any easing of costs.”
Not Getting Better: Relentless Retail Inventory Squeeze amid Shortages & Supply Chain Chaos by Wolf Richter • Oct 16, 2021 • 167 Comments Holiday selling season is going to be a mess: Look not for what you want but for what the store has.
Inflation Expectations Come Unanchored: People Expect Red-Hot Price Increases to Eat Wage Gains plus their Lunch & Dinner by Wolf Richter • Oct 12, 2021 • 202 Comments The Fed is going to have a heck of a time calling inflation expectations “well anchored.”