Credit Card Delinquencies, Balances, Debt-to-Income, and Credit Limits in Q1 2025: Our Drunken Sailors & their Credit Cards by Wolf Richter • May 20, 2025 • 45 Comments With the free money gone, the hangover is getting worked off.
Japan’s 30-Year and 40-Year Bonds Crater, Yields Spike, Huge Mess Coming Home to Roost. Yen Carry Trade at Risk by Wolf Richter • May 20, 2025 • 99 Comments The BOJ’s QT, inflation that’s higher than in the US, an atrocious fiscal mess, a devalued yen, it all comes together.
The Most Splendid Housing Bubbles in America, April 2025: The Price Drops & Gains in 33 of the Largest Housing Markets by Wolf Richter • May 18, 2025 • 80 Comments National year-over-year price gain shrinks to 0.7%. Now 18 of 33 metros have YoY price drops: San Diego, Austin, Tampa, Miami, San Francisco, San Antonio, Dallas, Phoenix, Orlando, Atlanta, Denver, Raleigh, Houston, Birmingham…
Foreign Investors Loaded Up on Treasury Securities in March Despite all the Turmoil in the Media by Wolf Richter • May 17, 2025 • 69 Comments And in April, their purchases of long-term securities at Treasury auctions increased.
Moody’s Cuts US Government Credit Rating due to Deficits & Debt, Blames “Successive US Administrations and Congress” by Wolf Richter • May 16, 2025 • 163 Comments US government kisses its last triple-A credit rating goodbye. Downgrade to “junk” would have been more appropriate?
Auto-Loan Balances, Debt-to-Income Ratio, Serious Delinquencies for Subprime & Prime in Q1 2025: Our Drunken Sailors and their Auto Loans by Wolf Richter • May 16, 2025 • 19 Comments Something rare occurred: Auto loan balances fell despite highest new & used vehicle sales in years. More people paid cash to dodge interest rates?
Beyond the Squiggles in Retail Sales by Wolf Richter • May 15, 2025 • 31 Comments Our Drunken Sailors may be in a crappy mood, but that doesn’t stop them.
Here Come the HELOCs: Mortgages, Housing-Debt-to-Income-Ratio, Serious Delinquencies, and Foreclosures in Q1 2025 by Wolf Richter • May 14, 2025 • 61 Comments Who’s on the hook this time? Mostly not the banks, but taxpayers, except for HELOCs.
Household Debts, Debt-to-Income Ratio, Serious Delinquencies, Collections, Foreclosures, Bankruptcies: Our Drunken Sailors’ Debts in Q1 2025 by Wolf Richter • May 13, 2025 • 91 Comments Student loans are loans again, OOPS.
Beneath the Skin of CPI Inflation: Services Inflation Bounces Back, No Signs yet of Tariffs Getting Passed to Consumers by Wolf Richter • May 13, 2025 • 59 Comments Inflation in April: Rent, motor vehicle insurance & maintenance, eating out, medical care services, rental cars. But prices of apparel & shoes fell.
