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”
Subprime Rises: Credit Card Delinquencies Blow Through Financial-Crisis Peak at the 4,705 Smaller US Banks by Wolf Richter • Nov 20, 2018 • 67 Comments So what’s going on here?
The State of the American Debt Slaves, Q3 2018 by Wolf Richter • Nov 7, 2018 • 95 Comments Consumers are being lackadaisical again with their plastic.
There’s Nothing in this GDP Report to Slow the Fed’s Rate Hikes by Wolf Richter • Oct 26, 2018 • 50 Comments But ballooning inventories point at risks next year.
The Fed’s Not Backing Off: Powell’s Standouts & Zingers at the Press Conference by Wolf Richter • Sep 26, 2018 • 67 Comments The US is “on an unsustainable fiscal path, there’s no hiding from it.”
HELOCs in the US & Canada: As “Scarred” Americans Learned Bitter Lesson, Canadians Went Nuts by Wolf Richter • Sep 20, 2018 • 107 Comments Home-equity-loan balances in Canada per capita are now 3.3 times what they were in the US during HELOC peak before it all collapsed.
As of Sep 21, “Credit Freezes” & “Unfreezes” Will Be Free for All Americans by Wolf Richter • Sep 18, 2018 • 35 Comments After the uproar about the Equifax hack, Congress did do something. And credit freezes are now a lot easier to place and lift.
What Can Cause the Next Mortgage Crisis in the US? by Wolf Richter • Sep 16, 2018 • 96 Comments The soothingly low mortgage delinquency rate is a deceptive indicator: the New York Fed weighs in.
What Will These Mortgage Rates Do to Homeowners Trying to Refinance, Homebuyers, and Mortgage Lenders? by Wolf Richter • Sep 12, 2018 • 50 Comments Refinancing activity plunges to the lowest level since 2000.
