Complexities of a Messed-Up Labor Market: Why a Crackdown on Inflation Might Bring People Back into the Labor Force by Wolf Richter • May 6, 2022 • 129 Comments Wages Surged, But Raging Inflation Crushed the Purchasing Power of those Wages.
Diesel Spikes to WTF Record $5.51, Gasoline Jumps to $4.18 by Wolf Richter • May 2, 2022 • 165 Comments But wait a minute… crude oil futures are far below a record.
US Manufacturers: Inflation Is “Out of Control,” Has Not Peaked, but “Intensified” amid Strong Demand, Shortages, and Lengthening Lead Times by Wolf Richter • May 2, 2022 • 123 Comments “Efforts to stockpile” input materials to counter price increases and shortages. But finished products inventories continued to fall.
GDP Sunk by Trade Deficit Shitshow (Result of Globalization), Drop in Government Spending. Consumers Held up Despite Raging Inflation by Wolf Richter • Apr 28, 2022 • 173 Comments Inventories are slowly recovering, but remain below where they should be.
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.
