Get Ready for a Wild “Base Effect”: Highlighted Forcefully when it Suits Them, as with Inflation; Silenced Forcefully When it’s Awkward, as with Corporate Earnings by Wolf Richter • Apr 8, 2021 • 122 Comments We’re going to be awash in huge and even absurd percentage-growth numbers.
Prices Surge Broadly Across the Massive Service Sector and Companies Are Able to Pass On these Higher Prices by Wolf Richter • Apr 5, 2021 • 131 Comments The entire mindset has changed.
The Most Splendid Housing Bubbles in America: “House-Price Inflation” in all its Glory. March Update by Wolf Richter • Mar 30, 2021 • 270 Comments Dollar’s Purchasing Power Swoons, but CPI ignores house price inflation.
What’s Behind the Stunning Spike in Used Vehicle Auction Prices? That Consumers Aren’t on Buyers Strike Shows Something Big about Inflation Has Changed by Wolf Richter • Mar 27, 2021 • 206 Comments Need a used pickup truck? Forget it, or pay out of your nose for it. But even spurned mid-sized cars are seeing stunning price increases.
Powell in WSJ Op-ed: “I Truly Believe that We [the Rich] Will Emerge from this Crisis Stronger and Better, as We [the Rich] Have Done so Often Before” by Wolf Richter • Mar 19, 2021 • 338 Comments Gimme a break, will ya? Wherein I rant, supported by the Fed’s own data.
Market Manias Galore, But Long-Term Interest Rates Smell a Rat by Wolf Richter • Mar 18, 2021 • 122 Comments These manias and the rising long-term interest rates are on collision course.
Shock-and-Awe Rate Hikes Begin in the Emerging Markets amid Surging Inflation by Wolf Richter • Mar 18, 2021 • 113 Comments “A front-loaded and strong additional monetary tightening.”
Plastics & Semiconductor Shortages, Container Port Backlogs, the Texas Freeze Wreak Havoc on US Auto Manufacturing by Wolf Richter • Mar 17, 2021 • 136 Comments Americans trying to buy a new vehicle will end up paying more.
THE WOLF STREET REPORT: Market Manias Galore, But Long-Term Interest Rates Smell a Rat by Wolf Richter • Mar 14, 2021 • 185 Comments These manias and the rising long-term yields are on collision course.
House Price Inflation in CPI is of Course Complete Baloney, but it Accounts for 1/4 of Total CPI by Wolf Richter • Mar 11, 2021 • 202 Comments With actual house price inflation based on market data, overall CPI would have jumped by 3.7%. Lifting the cover on the deception to keep CPI low.
