WHOOSH Goes the Fed’s Lowest Lowball Inflation Measure. And Eats Up All Income Gains Plus Some by Wolf Richter • Jan 28, 2022 • 308 Comments Powell should pay attention here so he’s better prepared at the next press conference when asked about the impact of inflation on regular Americans.
Year of Distortions, Shortages, Massive Inflation, Worst Trade Deficits Ever, and Hyper-Stimulated Growth Ends with a Bang by Wolf Richter • Jan 27, 2022 • 150 Comments But companies were finally able to rebuild some woefully low inventories.
Yields Spike, Stocks Dump, Futures Fall, Asia Sags, after Powell Explains How the Fed Will Crack Down on Inflation by Wolf Richter • Jan 26, 2022 • 257 Comments The balance sheet is “substantially larger than it needs to be,” and “there is a substantial amount of shrinkage to be done.” We’ll put some numbers to it.
Construction Costs Spike 17.5%, Worst since at least 1965. Inventories of New Houses Pile Up, Highest since 2008. Median Price Dives as Mix Shifts by Wolf Richter • Jan 26, 2022 • 126 Comments The rise of the unfinished houses. Massive supply building up in the pipeline.
The Most Splendid Housing Bubbles in America, January Update: Starting to Look Like a Mixed Bag by Wolf Richter • Jan 25, 2022 • 270 Comments Raging mania in Phoenix, stalling prices in Boston & Washington DC, dropping condo prices in San Francisco.
Stocks Better Bounce Soon or Else I’ll Have to Revise the WOLF STREET Dictum, “Nothing Goes to Heck in a Straight Line” by Wolf Richter • Jan 24, 2022 • 316 Comments Even a dead-cat bounce that makes your ears ring would do.
Despite All the Hype, Movie Theater Ticket Sales in 2021 Down 68% from 19 Years Ago. AMC Shares Collapse from WTF Spike by Wolf Richter • Jan 24, 2022 • 88 Comments Blockbusterization out of desperation.
When a Wild Bull Stumbles into a Hibernating Bear by Wisdom Seeker • Jan 23, 2022 • 208 Comments How often do we get a Bear Market after a strong bull market plunges to the 200-day moving average?
The Mayhem Below the Surface of the Stock Market Seeps to the Surface: Now it’s the Giants that Topple by Wolf Richter • Jan 21, 2022 • 452 Comments The market finally gets it: The Fed is going to tighten to get a handle on its massive inflation problem.
New & Used Vehicle Inventories Rise, But for the Wrong Reasons by Wolf Richter • Jan 21, 2022 • 126 Comments New vehicle sales out-plunged production. Used vehicle supply already above normal amid weak sales.