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.”
Despite Massive Price Increases, Retail Sales Drop: Buyers’ Strike & Fading Stimmies Dent the WTF Spike by Wolf Richter • Jun 15, 2021 • 157 Comments Americans are having to pay more to get less.
Surging Inflation No Problem, Junk Bond Yields Drop to Record Low, Dish out Negative “Real” Yields to Fed-Whacked Investors by Wolf Richter • Jun 11, 2021 • 273 Comments The market is broken. “Raging mania” rules.
It Gets Ugly: Dollar’s Purchasing Power Plunged at Fastest Pace since 1982. It’s “Permanent” not “Temporary,” Won’t Bounce Back by Wolf Richter • Jun 10, 2021 • 314 Comments But it’s a lot worse than it appears.
The WTF Spike of Used-Vehicle Prices Continues Unabated. So Which Part Is “Temporary?” by Wolf Richter • Jun 7, 2021 • 161 Comments This would normally have triggered a Buyers’ Strike, but the Inflationary Mindset has changed.
“Cash Has Been Trash for Years, But Soon it May Be the Only Haven for Investors”: Bill Gross is at it Again by Wolf Richter • Jun 1, 2021 • 163 Comments “Inflationary pressures pose increasing price risks to Treasuries & stocks” as the Fed will react.
Inflation Bites Chunk out of Personal Income & Spending by Wolf Richter • May 30, 2021 • 400 Comments Paying even more to get even less. Exactly what American consumers need the most in these trying times.