Tightening Comes Even to Ridiculous ECB Sooner, Faster as Seven EU Countries Hit by 10%-16% Inflation, Four by over 9% by Wolf Richter • Apr 22, 2022 • 133 Comments The ECB created the greatest corporate bond bubble ever. Now junk bonds get crushed, yields already doubled, set to double again, and again, cleansing out the zombies.
Inflation Nightmare Keeps Getting Worse: Producer Prices Break Out. Inflationary Mindset Rules by Wolf Richter • Apr 13, 2022 • 206 Comments Services PPI and Core PPI spike.
WHOOSH, Dollar’s Purchasing Power Goes to Heck as Services Inflation Takes Off, Food Spikes, Energy Explodes, But Used Cars Finally Stall by Wolf Richter • Apr 12, 2022 • 266 Comments The Fed is still pumping fuel on the fire.
How the Massive Gains in Average Hourly Wages Look Ludicrous Compared to the Reality of Spiking Prices by Wolf Richter • Apr 1, 2022 • 175 Comments Rents, houses, used and new vehicles, gasoline, groceries, forget it, hahahaha
Bond Massacre, Inflation Prick Biggest Bond Bubble in History by Wolf Richter • Mar 30, 2022 • 173 Comments The dollar’s role as dominant global reserve currency is at risk if the Fed fails to crack down on inflation (transcript from my podcast).
Inflation Blows Out in Germany, Spain. Started a Year Ago on Money Printing, NIRP, Supply Chain Chaos. War Threw Fuel on Already Raging Fire by Wolf Richter • Mar 30, 2022 • 143 Comments Double-digit inflation has already been raging in several European countries.
THE WOLF STREET REPORT: Bond Massacre, Inflation Prick Biggest Bond Bubble in History by Wolf Richter • Mar 27, 2022 • 224 Comments The dollar’s role as dominant global reserve currency is at risk if the Fed fails to crack down on inflation.
Americans Make Huge Efforts to Keep up with Raging Prices by Wolf Richter • Mar 16, 2022 • 138 Comments Retail sales amid record worst inflation in durable goods and red-hot inflation in nondurable goods.
Rents for Single-Family Houses and Apartments Blow Out across the US: This Crazy-Hot Rent Inflation is a National Fiasco by Wolf Richter • Mar 15, 2022 • 229 Comments And it has nothing to do with supply chains. Dear Fed, go have a look at the fruits of your labor.
Producer Price Inflation Gets Entrenched at 10%, Worst Level in the Data by Wolf Richter • Mar 15, 2022 • 129 Comments Businesses are confident they can pass on higher prices, plus some, to consumers.