Powell & Brainard Suddenly Make Inflation #1 Priority in their Thank-You Statements by Wolf Richter • Nov 22, 2021 • 302 Comments Looks like the start of a U-Turn on inflation. 2-year & 10-year yields jump.
The WOLF STREET F-150 XLT and Camry LE Price Index, Model Year 2022 Update: This is the Craziest Situation I’ve Ever Seen by Wolf Richter • Nov 20, 2021 • 230 Comments When trucks are advertised at $10,000 over MSRP, what does MSRP even mean? Now throwing shade on my fancy-schmancy proprietary index.
Massive Price Increases & Overstimulated Demand Fuel Historic Surge in Retail Sales by Wolf Richter • Nov 16, 2021 • 154 Comments Money-printing hits home. Charts by retailer category.
Car & Truck Insanity, Hamster Wheel of Work & Inflation, Do Price Controls Work? And Wading into Commercial Real Estate by Wolf Richter • Nov 13, 2021 • 102 Comments And much more. Wolf Richter on This Week in Money.
Dollar Purchasing Power Plunges. Inflation +6.2%. For Urban Wage Earners +6.9%, Highest in 40 years, Most Monstrously Overstimulated Economy Ever. by Wolf Richter • Nov 10, 2021 • 251 Comments Fed still printing money & repressing “real” interest rates to -6%, new vehicle prices spike by most since 1975, housing CPI jumps, food & energy soar.
Further up the Producer Price Pipeline, Inflation Rages at over 20%, Heading for Consumers by Wolf Richter • Nov 9, 2021 • 85 Comments Massive price increases now building up in the pipeline.
Americans Blow Off Fed Propaganda Inflation is “Temporary” by Wolf Richter • Nov 8, 2021 • 195 Comments Inflation expectations are now totally unanchored.
Used Vehicle Wholesale Prices Spiked by the Most Ever. Retail Prices to Follow by Wolf Richter • Nov 8, 2021 • 58 Comments Powered by the inflationary mindset, consumers pay whatever, and dealers aggressively bid up prices, confident that consumers will pay whatever.
Average New-Vehicle Price Spikes 19% in 10 Months, to $44,000. Unit Sales Tick up, But Still Down 34% from March by Wolf Richter • Nov 5, 2021 • 135 Comments Automakers and dealers make enormous record per-vehicle gross profits amid inventory shortages in the craziest market ever.
The Fed Lost Control of the Inflation Narrative by Wolf Richter • Nov 4, 2021 • 247 Comments Mega-policy decisions to boost demand. Now mega-consequences.