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.
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.
Big Drop in Home Sales, Surging Mortgage Rates, Tight Supply: The New Dynamics Shaping Up by Wolf Richter • Jan 20, 2022 • 216 Comments But wait… Supply suddenly burst from the woodwork when mortgage rates surged before the Housing Bust. And for a reason.
Most Splendid Housing Bubbles in Canada: Mad Scramble to Lock in Rising Mortgage Rates as Bank of Canada Is Set to Tighten by Wolf Richter • Jan 19, 2022 • 149 Comments QE ended months ago and interest rates are rising. Home prices fell in three markets, but spiked in others.
The New Version of CPI for New Vehicles Will Blow Your Doors Off: Spikes Even More. WHOOSH! by Wolf Richter • Jan 18, 2022 • 92 Comments The BLS finally changed one of my pet peeves in the CPI. But the “hedonic quality adjustments” will continue until the mood improves.
Empty Shelf at a Grocery Store Near You? Tight Inventories, Labor Shortages, Supply Chain Snags, Strong Sales, Soaring Costs by Wolf Richter • Jan 17, 2022 • 258 Comments It shows how brittle the system has become in face of every new challenge.
A Factor in the Bizarre “Great Resignation” & “Labor Shortage” Phenomenon: The Huge Surge of Americans Starting Businesses by Wolf Richter • Jan 16, 2022 • 140 Comments Another testimony of the massive changes in society and the economy. But losing some of the enormous steam.
The Fed’s Huge Income Statement for 2021 Is Out: Where its Revenues Came from and Where They Went by Wolf Richter • Jan 15, 2022 • 160 Comments “Net income” is a bizarre term for an organization that buys trillions of dollars of securities with money that it itself created.
