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.
Fed’s Favorite Lowball Inflation Gauge is Red-Hot, Not Seen in Decades, Even Without the “Base Effect” by Wolf Richter • May 28, 2021 • 281 Comments The majestic inflation overshoot has arrived.
Car & Truck Sales Show: The Inflation Mindset Has Changed, Consumers Are Willing to Pay a Lot More, Generating not only Record Sales but also Record Gross Profits by Wolf Richter • May 27, 2021 • 183 Comments This change in the inflation mindset is likely not “temporary.”
Spiking Inflation, Rate Hikes, and Debt Defaults in Latin America by Nick Corbishley • May 15, 2021 • 145 Comments Mexico and Brazil, having seen the economic destruction that high inflation can wreak, don’t want to see it again.
Odd Man Out at the Fed: Kaplan Talks Tapering, Inflation, Risk Management, Excesses in Financial & Housing Markets, Supply-Demand Imbalances by Wolf Richter • May 15, 2021 • 208 Comments “While you don’t want to be too preemptive” in tapering, “you don’t want to be so reactive as to being late.”
