The Dollar’s Purchasing Power Drops 2.9% in May from Year Ago, Fastest Drop since Nov 2011 by Wolf Richter • Jun 12, 2018 • 40 Comments Even as “hedonic quality adjustments” perform miracles to repress surging new and used vehicle inflation.
Where the Debt Slaves Are the Most Vulnerable by Wolf Richter • May 22, 2018 • 103 Comments I’m shedding a different light on consumer debt.
Credit Card Delinquencies Spike Past Financial-Crisis Peak at the 4,788 Smaller US Banks by Wolf Richter • May 18, 2018 • 84 Comments Subprime is calling.
Why Rising Gasoline Prices Won’t Cut into Consumer Spending by Wolf Richter • May 15, 2018 • 102 Comments Despite the hand-wringing in the headlines.
The State of the American Debt Slaves, Q1 2018 by Wolf Richter • May 8, 2018 • 98 Comments After the party, the hangover.
Rate Hike Ammo by Wolf Richter • Apr 30, 2018 • 61 Comments Fed’s favorite inflation gauge spikes, consumer spending holds up solidly.
Nearly One-Third of U.S. Lottery Winners Declare Bankruptcy by Safehaven • Apr 17, 2018 • 86 Comments “I wish I’d torn that ticket up.”
Our Dental Insurance Sent us “Free” Internet-Connected Toothbrushes. And this is What Happened Next by Wolf Richter • Apr 14, 2018 • 146 Comments When the product is “free,” WE are the product.
How Much Are Banks Exposed to Subprime? More than we Think by Wolf Richter • Apr 11, 2018 • 49 Comments Wells Fargo has $81 billion in exposure to loans that, on paper, it isn’t exposed to.
Subprime Carmageddon: Specialized Lenders Begin to Collapse by Wolf Richter • Apr 8, 2018 • 76 Comments Worst delinquency rates this century.
