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.
Bay Area Economic Outlook Buckles under Strains by Wolf Richter • Apr 4, 2017 • 143 Comments Nearly half the millennials “likely” to leave.
#Carmaggedon Not Yet, But Another Wheel Came Off by Wolf Richter • Apr 4, 2017 • 118 Comments “We think the industry is plateauing at some levels.”
This Economy is Ruined for Many Americans by Wolf Richter • Apr 2, 2017 • 175 Comments Those who lost out on the Fed’s “wealth effect.”
Health-Care Industry Debt Turns into “Systemic Recession Risk” by Wolf Richter • Mar 27, 2017 • 102 Comments Debt binge hits limit, with big impact on overall economy. Chilling charts.
Subprime Auto Loans Crushed Worse than in 2009, Auto Industry Bleeds, Knock-on Effects Commence by Wolf Richter • Mar 24, 2017 • 67 Comments After the credit bubble comes the credit bust.
Rising Inflation, Four Rate Hikes, Financial Repression on Menu in 2017: Fed Heads by Wolf Richter • Mar 20, 2017 • 49 Comments Bondholders, savers, consumers to be put through inflation wringer.
Inflation Hits Consumers, Mortgage Rates Take Off, “Financial Repression” for Bondholders and Savers by Wolf Richter • Mar 15, 2017 • 77 Comments The Fed is way behind the curve, but at least it now sees the curve.