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?”
Here’s Where Retail Sales Spiked and Collapsed in 11 Mind-Blowing Charts of Lockdown Land by Wolf Richter • Apr 15, 2020 • 165 Comments But department stores will never recover; they were toast before the lockdowns.
From Panic-Buying to Lockdowns of Eateries & Manufacturing: Truckers, Railroads Face Supply Chain Turmoil, Spikes & Plunges by Wolf Richter • Apr 14, 2020 • 168 Comments “There has been a clear divide between winners and losers.”
