What Worries me About “Hedonic Quality Adjustments” by Wolf Richter • Dec 5, 2019 • 80 Comments An arcane device that impacts so much and papers over the struggles many Americans face in a world that’s becoming increasingly unaffordable for them
THE WOLF STREET REPORT: What’s Behind the Subprime Consumer Loan Implosion? by Wolf Richter • Nov 24, 2019 • 170 Comments These are the good times, but why are subprime credit cards, auto loans, and short-term installment loans blowing out?
Fear of “Reversal Rates” Sets in, Says the Fed by Wolf Richter • Nov 20, 2019 • 104 Comments The fear that today’s negative or low interest rates render central banks helpless in face of the next economic crisis.
How the Fed Boosts the 1%: Even the Upper Middle Class Loses Share of Household Wealth to the 1%. Bottom Half Gets Screwed by Wolf Richter • Nov 13, 2019 • 168 Comments It is ironic the Fed puts out this data, as if to show off its success, and how every time the wealth of the 1% is threatened, the Fed comes up with new bailouts, rate cuts, and other shenanigans.
The State of the American Debt Slaves, Q3 2019 by Wolf Richter • Nov 8, 2019 • 201 Comments Paying the University-Corporate-Financial Complex and the big bifurcation.
Subprime Auto Loans Blow Up, 60-Day Delinquencies Shoot Past Financial Crisis Peak by Wolf Richter • Oct 25, 2019 • 123 Comments Santander Consumer USA is on the forefront of souring subprime-auto-loan backed securities.
Why Online Shoppers Face Peculiar Results on Black Friday by Wolf Richter • Oct 22, 2019 • 66 Comments “Dynamic Pricing” Online: Are Prices on Black Friday Actually Good Deals?
Braindead or Willfully Manipulative? How the Media Reported Retail Sales by Wolf Richter • Oct 16, 2019 • 72 Comments Like a centrally directed disinformation campaign. Here’s what happened.
Carmageddon for Tesla in Q3, GM Pulls Out All Stops, Ford Withers, Auto Sales at 1999-2000 Level by Wolf Richter • Oct 3, 2019 • 116 Comments But consumers spent a record amount on new vehicles in Q3 due to record prices.
How Employees & Employers Get Bled by Health Insurance by Wolf Richter • Sep 25, 2019 • 181 Comments Something is seriously wrong with this system.
