Consumers Expect Red-Hot Inflation to Crush Their Earnings: Fed’s Survey by Wolf Richter • Jul 12, 2021 • 189 Comments And the folks who experienced the high inflation of the 1970s and early 1980s as adults expect inflation to hit 5.7% in one year.
THE WOLF STREET REPORT: This “Temporary” Inflation Is Turning into an Inflation Spiral by Wolf Richter • Jul 11, 2021 • 301 Comments Get Used to Higher Inflation. My Thoughts on the Biggest Mess I’ve Seen in Decades.
Was This Finally “Peak Insanity” in Used Vehicle Prices? by Wolf Richter • Jul 8, 2021 • 89 Comments All kinds of crazy spikes in used-vehicle wholesale and retail markets topped out, but by only a tad.
Tapering, Doubts about “Transitory” Inflation, and “Financial Stability Risks” due to “Valuation Pressures in Housing Markets”: Some Folks at the Fed Getting a Little Nervous by Wolf Richter • Jul 7, 2021 • 154 Comments Disruptions “might linger for longer and might have larger or more persistent effects on prices and wages than they currently assumed.”
Consumers Pay Whatever it Takes, Vehicle Prices Go Nuts, Dealers Make Record Profits, Whole Mindset Changed. Is This Inflation Temporary? by Wolf Richter • Jun 30, 2021 • 262 Comments The used vehicle price spike will subside, partially, but the psychological aspects of inflation have set in.
The Most Splendid Housing Bubbles in America: Holy Moly. June Update by Wolf Richter • Jun 29, 2021 • 488 Comments What we’re looking at: Raging House-Price Inflation.
Pay More, Get Less: Consumer Income & Spending Chewed Up by Red-Hot Inflation by Wolf Richter • Jun 25, 2021 • 184 Comments Inflation ate my homework?
Fed’s Lowest Lowball Inflation Gauge “Core PCE” Spikes Most Since 1983 by Wolf Richter • Jun 25, 2021 • 109 Comments There are whole generations who never experienced this type of inflation, this type of destruction of the dollar’s purchasing power
What Powell Also Said at the Press Conference: “Hawkish” Nuances from the Fed by Wolf Richter • Jun 20, 2021 • 145 Comments Modern-hawkish, not Volcker-hawkish.
When Fed Doves Turn Hawkish, it Gets Real: Fed Dove Bullard Gets Antsy about Inflation, Pulls Rate Hike into 2022, Sees Quicker Tapering with MBS amid “Threatening Housing Bubble” by Wolf Richter • Jun 18, 2021 • 225 Comments “So far so good. But we have to be nimble here, these are big numbers.”
