Drama in the Oil Markets, But This Isn’t 2007 Anymore by Wolf Richter • Sep 16, 2019 • 168 Comments How the US shale boom changed the equation. If the attacks on Saudi oil facilities had occurred in 2007, it would have caused chaos in the US economy.
Men’s “Real” Earnings Below 1973 Level: Census Bureau by Wolf Richter • Sep 10, 2019 • 186 Comments Top 20% households made out like bandits, bottom 40% got crushed.
THE WOLF STREET REPORT: What to Do About the Student-Loan Fiasco? by Wolf Richter • Sep 8, 2019 • 218 Comments OK, I’m going to wade into this debate — but with my boots on.
Here’s What I’m Worried About. And It’s Not a Recession by Wolf Richter • Sep 4, 2019 • 127 Comments A rout in the hyper-inflated bond market can blow up everything at this point.
Inflation Data Shows Tariffs Are Not a Tax on Consumers but on Foreign & US Corporations by Wolf Richter • Aug 13, 2019 • 70 Comments Here is where inflation runs hot – and it’s not imported consumer goods.
The State of the American Debt Slaves, Q2 2019 by Wolf Richter • Aug 7, 2019 • 135 Comments The bifurcation among consumers.
What Plunging Global Semiconductor Sales Just Said about Autos, IT & How the Economy Reacts to Uncertainties by Wolf Richter • Aug 5, 2019 • 65 Comments The deepest plunge since the Financial Crisis, but more persistent.
I Hope the Fed Won’t See This: Red-Hot Consumer Spending Powers GDP Growth by Wolf Richter • Jul 26, 2019 • 97 Comments Revisions show the slowdown expected this year hit last year, and now is the rebound. If there’s ever a time for the Fed to not cut already low rates, it’s now.
World Trade in Face of Tariffmageddon, Trade Wars & Manufacturing Slowdown by Wolf Richter • Jul 25, 2019 • 70 Comments Consumers and companies keep plugging, the world has not come to an end.
My Advice to the Fed on “Low Inflation”: Use a Different Index for Crying Out Loud and Tell the BLS to be Less Aggressive with “Hedonic Quality Adjustments” by Wolf Richter • Jul 13, 2019 • 116 Comments The Fed could instantly claim victory and pocket the kudos.