THE WOLF STREET REPORT: Markets Are “Fighting the Fed” by Wolf Richter • Jul 31, 2022 • 317 Comments One of the most important dictums in finance is this: “Don’t fight the Fed.” And this could get ugly.
US Natural Gas Prices Re-Spike, after the Big Plunge by Wolf Richter • Jul 22, 2022 • 119 Comments Just when we thought the plunge in natural gas prices might take pressure off inflation, it starts all over again.
US Dollar Exchange Rates and Inflation: What’s Next? by Wolf Richter • Jul 14, 2022 • 127 Comments The USD had a heck of a ride, which kept inflation from spiking even further. But it may not last much longer.
“Things Are Not Normal Right Now”: Bank of Canada Hikes by Monster 100 Basis Points, Hits Mortgages. So Might the Fed after US CPI Fiasco by Wolf Richter • Jul 13, 2022 • 214 Comments Blame whatever. Just don’t blame money-printing and interest-rate repression.
It Gets Ugly: Inflation Shifts to Services. Food, Fuel Spike Too. Dollar’s Purchasing Power Swoons. by Wolf Richter • Jul 13, 2022 • 236 Comments Oh dearie, the Fed is going to meet in late July, and it’s going to talk about services inflation.
THE WOLF STREET REPORT: US Dollar Exchange Rates and Inflation – What’s Next? by Wolf Richter • Jul 10, 2022 • 198 Comments The USD had a heck of a ride, which kept inflation from spiking even further. But it may not last much longer.
Average Transaction Price for New Vehicles Hits Record $45,844 in June, as Consumer Still Pay No-Matter-What, amid Inventory Shortages, Record Per-Unit Gross Profits at Dealers by Wolf Richter • Jun 26, 2022 • 229 Comments And despite the surge in interest rates for auto loans.
“Inflation Forecasts Aren’t Worth the Paper They’re Written on”: This Is about the Bank of Canada’s Reaction to Inflation, But it’s the Same in the US and Everywhere by Wolf Richter • Jun 24, 2022 • 286 Comments “Why the current tightening cycle is unlike anything we’ve observed in the past.”
False Hopes of Peak CPI Inflation: Prices of Services, Housing, Food, Fuel Spike. Dollar’s Purchasing Power Goes WHOOSH. by Wolf Richter • Jun 10, 2022 • 394 Comments The Fed is going to have a field day with its rate hikes.
Gasoline Spikes to Nearly $5 US Average, Diesel to $5.70. Crude Oil WTI Jumps to $119. Inflation Not in the Mood of Peaking Yet by Wolf Richter • Jun 6, 2022 • 207 Comments San Francisco regular hit $6.34 on average; at Wolf’s gas station from heck, it hit $6.79, premium at $7.00.
