No Payment, No Problem: Bizarre New World of Consumer Debt by Wolf Richter • Aug 7, 2020 • 255 Comments All kinds of weird records are being broken. But it’s scheduled to expire, and then what?
Nobody Knows How to Ever Get Out of This Mess by Wolf Richter • Jul 30, 2020 • 213 Comments “Extend and Pretend” forevermore. Transcript of my podcast.
No, GDP Didn’t Plunge “32.9%” in Q2, it Plunged a Still Terrible 9.5%: Time to Kill “Annual Rates” by Wolf Richter • Jul 30, 2020 • 123 Comments A perfect quarter to look at the absurdity of reporting “annual rates” in the headlines.
What Happens If Most Businesses & Consumers Tighten Their Belts at the Same Time? by Nick Corbishley • Jul 12, 2020 • 217 Comments Europe may be about to find out. 128 days with my Mother-in-Law.
A Federal-Money-from-the-Sky Story by Wolf Richter • Jun 26, 2020 • 151 Comments Household Income Drops from Historic Spike, Spending Bounces off Historic Plunge But Remains Low. Income from wages & salaries remains crushed.
College Enrollment in the Spring Fell for 9th Year in a Row, and Now Comes Covid by Wolf Richter • May 27, 2020 • 132 Comments Already troubled asset classes, such as student housing and student housing CMBS, face turmoil.
During the Last Financial Crisis, Even Ecommerce Sales Plunged. Not This Time by Wolf Richter • May 19, 2020 • 64 Comments Ecommerce Spikes to Record. Mall Stores Got Hung Out to Dry. Walmart’s Online Sales, Still Woefully Behind, Shot Up 74%
A Word About the Current Chaos in Prices and Inflation by Wolf Richter • May 12, 2020 • 187 Comments Some prices collapsed, others skyrocketed, and the Consumer Price Index went haywire. Here’s what I’m seeing beyond the near term — and it’s not “deflation.”
Subprime Auto Loans Blow Up, Get Very Messy by Wolf Richter • May 5, 2020 • 159 Comments With 30 Million Unemployed, Even Prime Loans Will Get Messy
How Far Will the U.S. Economy Plunge During Lockdown? by Wolf Richter • Apr 21, 2020 • 387 Comments “Three times deeper than the Great Recession?”
