Buyers’ Strike Sets in: Used-Vehicle Supply Balloons, First Dip in Crazy Prices. But New-Vehicle Shortages Persist by Wolf Richter • Feb 21, 2022 • 100 Comments Will CPI inflation back off as used-vehicle prices unwind? Ha, here come the massive CPI measures for rent that are now soaring. Inflation Whac-A-Mole.
Americans Spent Money Like Drunken Sailors, But Did They Outspend the Raging Inflation in Durable & Nondurable Goods? Um, No by Wolf Richter • Feb 16, 2022 • 165 Comments Two elephants in retail: A historic spike in prices of goods and seasonal adjustments as the Pandemic upended seasonality.
When Will the Brutal Spike in Rents Drive Up CPI Inflation? How Much Will it Add to CPI? by Wolf Richter • Feb 15, 2022 • 207 Comments The numbers are already baked in and will show up over the next 24 months.
Even in Services, the Wholesale Price-Spike Is Now Relentlessly Red-Hot by Wolf Richter • Feb 15, 2022 • 120 Comments Heading toward the consumer’s wallet.
WHOOSH Goes the Dollar’s Purchasing Power in January as Inflation Now Infests Services by Wolf Richter • Feb 10, 2022 • 278 Comments Inflation is burning out of control, but the Fed is still pouring fuel on it. You can no longer just blame supply chains. This is far bigger.
Used Vehicle Prices Finally Hit Resistance, at Ridiculous Levels by Wolf Richter • Feb 8, 2022 • 149 Comments We noted the softening beneath the surface in the prior two months. In January, we saw it creep to the surface. And there’s plenty of supply.
Rough Day in the Bond Market: Treasury Yields Spike, 30-Year Fixed Mortgage Rate Nears 4%. Where’s the Magic Number? by Wolf Richter • Feb 5, 2022 • 243 Comments Fed’s coming tightening cycle sinks in, amid still brutally negative “real” yields, as bonds’ purchasing power gets eaten up by inflation.
WHOOSH Goes the Fed’s Lowest Lowball Inflation Measure. And Eats Up All Income Gains Plus Some by Wolf Richter • Jan 28, 2022 • 308 Comments Powell should pay attention here so he’s better prepared at the next press conference when asked about the impact of inflation on regular Americans.
Year of Distortions, Shortages, Massive Inflation, Worst Trade Deficits Ever, and Hyper-Stimulated Growth Ends with a Bang by Wolf Richter • Jan 27, 2022 • 150 Comments But companies were finally able to rebuild some woefully low inventories.
The New Version of CPI for New Vehicles Will Blow Your Doors Off: Spikes Even More. WHOOSH! by Wolf Richter • Jan 18, 2022 • 92 Comments The BLS finally changed one of my pet peeves in the CPI. But the “hedonic quality adjustments” will continue until the mood improves.
