Crushed Auto Sales, No Problem: Nov. was Most Profitable Month Ever for New Vehicle Sales as Americans Paid Whatever by Wolf Richter • Dec 2, 2021 • 166 Comments Thousands of dollars over sticker? I just don’t get this. Something big has changed in the brains of enough (but certainly not all) Americans.
When Will Consumers Balk at Surging Prices? by Wolf Richter • Dec 1, 2021 • 235 Comments That’s the big question. Looking for signs of widespread push-back but not finding much. Consumers pay whatever.
Each Worker’s Slice of After-Inflation-Income Pie Is Shrinking. But No Problem, They Spend Heroically by Wolf Richter • Nov 25, 2021 • 114 Comments A look at per-worker personal income, what’s left of it after inflation.
Fed’s Lowest Lowball Inflation Measure Spikes to Worst-Hottest 31-Year High. Powell Groans and Mutters by Wolf Richter • Nov 24, 2021 • 273 Comments But the Fed has now backed off its ridiculous claims and is taking inflation more seriously.
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.
