Consumers Revert to “Normal” Range, after Red-Hot mid-2018 by Wolf Richter • Mar 29, 2019 • 59 Comments Personal income sets record. Bond market bet on inflation may get challenged.
Demand for HELOCs Collapses to 15-Year Low by Wolf Richter • Mar 11, 2019 • 100 Comments American homeowners have learned a lesson, despite what banks and the Fed want them to do.
Formerly Red-Hot Retail Sales Fizzle Back to Normal by Wolf Richter • Mar 11, 2019 • 55 Comments But back to “normal” hurts after a good run.
THE WOLF STREET REPORT by Wolf Richter • Mar 10, 2019 • 75 Comments The Risks of American Consumer Debt Hide Beneath the Averages.
Tesla Falls from Grace with Americans, Facebook Plunges to the Ignominious Level of Goldman, Wells Fargo, Sears by Wolf Richter • Mar 6, 2019 • 99 Comments But the US government got them all beat.
Why I’m Not in Panic Just Yet over the “Dreadful” Retail Sales that “Fell Most Since 2009,” But Nervously Look at the Trend by Wolf Richter • Feb 14, 2019 • 56 Comments Consumer exuberance maxed out last summer and has since changed direction.
Subprime Arrives: Auto-Loan Delinquencies Spike to Great Recession Levels by Wolf Richter • Feb 12, 2019 • 99 Comments “A development that is surprising during a strong economy and labor market”: New York Fed
The State of the American Debt Slaves, Q4 2018 by Wolf Richter • Feb 8, 2019 • 122 Comments Consumers are doing their job only in a lackadaisical manner. But the student-loan scheme is hot.
New Trucks are Hot, Prices Surge. But Cars Face Carmageddon. And Total Sales Fall by Wolf Richter • Feb 5, 2019 • 91 Comments Americans love paying big profit margins for big equipment, and automakers love them for it, but total sales are declining, and something doesn’t add up.
We’re Flying with Eyes Partially Closed into Turbulent Markets & Economy by Wolf Richter • Jan 25, 2019 • 66 Comments But for the markets: “No Data is Good Data”