#Carmageddon Not Yet, But Hot Air Hisses out of Auto Bubble by Wolf Richter • May 2, 2017 • 56 Comments Despite record incentives, sales decline speeds up, inventory bloat spreads to zombie malls.
Are American Debt Slaves Getting in Trouble Again? by Wolf Richter • May 1, 2017 • 153 Comments The economy depends on them, but they’re cracking.
Economy “Surprises” to Downside, Growth Near Zero. Atlanta Fed GDPNow Forecast just about Nailed it by Wolf Richter • Apr 28, 2017 • 97 Comments Lousy consumer spending and the “weather.” Inflation hits Fed target.
Goldman Sachs Prepares to “Better Weather Future Disasters” by Wolf Richter • Apr 27, 2017 • 35 Comments Regular prudent savers and government guarantees to the fore.
Atlanta Fed GDPNow Forecast for Q1 Drops to Almost Zero by Wolf Richter • Apr 27, 2017 • 45 Comments I hope the forecasting model is broken.
So Who Are the Debt Slaves in this Rich Nation? by Wolf Richter • Apr 16, 2017 • 93 Comments The American economy has split in two: how averages of wealth and debt obscure the profound risks.
Atlanta Fed GDPNow Forecast Spirals Closer to Zero by Wolf Richter • Apr 14, 2017 • 45 Comments From bad to worse, hammered by retail sales and inflation.
Restaurants in Worst Tailspin since 2009/2010 by Wolf Richter • Apr 13, 2017 • 85 Comments This thermometer for discretionary spending is the first to react when consumers hit their limits.
Great Debt Unwind: Consumer Bankruptcies Jump, First since 2010. Commercial Bankruptcies Spike by Wolf Richter • Apr 8, 2017 • 57 Comments But don’t blame the oil bust.
Atlanta Fed GDPNow Forecast Spirals Toward Zero by Wolf Richter • Apr 7, 2017 • 88 Comments I hope the model is wrong.