How the Vehicle Production Nightmare Upended Everything and Why Automakers & Dealers Don’t Want the Old Ways Back by Wolf Richter • Mar 17, 2022 • 114 Comments But There’s No Shortage of Used Vehicles.
Gazillion Miles Behind the Curve, the Fed Gets Hawkish: More Rate Hikes, “Faster and Much Sooner” Quantitative Tightening by Wolf Richter • Mar 16, 2022 • 261 Comments The strong economy and labor market can “handle tighter monetary policy.”
Americans Make Huge Efforts to Keep up with Raging Prices by Wolf Richter • Mar 16, 2022 • 138 Comments Retail sales amid record worst inflation in durable goods and red-hot inflation in nondurable goods.
Rents for Single-Family Houses and Apartments Blow Out across the US: This Crazy-Hot Rent Inflation is a National Fiasco by Wolf Richter • Mar 15, 2022 • 229 Comments And it has nothing to do with supply chains. Dear Fed, go have a look at the fruits of your labor.
Producer Price Inflation Gets Entrenched at 10%, Worst Level in the Data by Wolf Richter • Mar 15, 2022 • 129 Comments Businesses are confident they can pass on higher prices, plus some, to consumers.
Diesel Spikes to $5.25, Gasoline to $4.32, in Historic Leaps. But Wait a Minute… Futures of Crude Oil & Gasoline Plunge by Wolf Richter • Mar 15, 2022 • 154 Comments Neck-breaker volatility in opposite directions in an unsettled market.
But Whose Money Evaporated when JP Morgan, BlackRock, Pimco, Calpers, Others Report Huge Losses on Russian Assets? by Wolf Richter • Mar 14, 2022 • 123 Comments OPM = Other People’s Money — namely from American and European retail investors and pension beneficiaries.
Why This is the Most Reckless Fed Ever, and What I Think the Fed Should Do to Reverse and Mitigate the Effects of its Policy Errors by Wolf Richter • Mar 12, 2022 • 363 Comments The Fed’s credibility shifted from Inflation Fighter under Volcker to Wealth Disparity Creator and Inflation Arsonist under Powell. And everyone knows it.
DocuSign Shows How Gigantic the Blind Raging Mania Was and How it Suddenly Went to Heck by Wolf Richter • Mar 11, 2022 • 85 Comments And then there were the raging-mania Convertible Bonds with a conversion price of $420, hahaha.
Alibaba Plunges Below First-Day Closing Price in 2014. Golden Dragon China ETF Plunges Below its 2007 Price by Wolf Richter • Mar 10, 2022 • 78 Comments The massacre of the China ADRs. Dip buyers got taken out on stretchers.
