10-Year Treasury Yield Snaps Back to February’s 4.5%, Yield Curve Re-Un-Inverts, Mortgage Rates Back at 7% by Wolf Richter • Apr 12, 2025 • 147 Comments The aggressive Bash-Down by the White House of long-term Treasury yields and the dollar since January worked. Until it didn’t.
OMG the Dollar Is Collapsing, or Whatever by Wolf Richter • Apr 11, 2025 • 154 Comments Despite the “Dollar’s Collapse,” the USD remains in its 3-year range and a lot higher than it was before.
PPI Pushed into Negative by Dropping Prices of Many Goods and Services by Wolf Richter • Apr 11, 2025 • 85 Comments The Producer Price Index is where tariffs will show up first, whether or not companies can pass on those cost increases.
Beneath the Skin of CPI Inflation: Surging Prices of Food, Housing, Medical Care Meet Plunging Prices of Gasoline & Travel Services by Wolf Richter • Apr 10, 2025 • 173 Comments Worst food inflation since 2022. Worst housing inflation in months. But plunging prices for lodging, rental cars, and airfares are interesting.
Trump Speaks and Stocks Spike, after Trump Spoke and Stocks Plunged (Makes You Wonder, Why even Own Stocks?) by Wolf Richter • Apr 9, 2025 • 271 Comments The huge spike, following the selloff, evokes further parallels with the Dotcom Bust and Financial Crisis crash, in the middle of which similar spikes occurred.
Shadow Inventory of Vacant Homes Suddenly Piles on the Market in Texas. New Listings, Active Listings Spike to Highest for March in Many Years by Wolf Richter • Apr 9, 2025 • 60 Comments Houston, Dallas-Fort Worth, Austin, San Antonio: Even as sales plunge, vacant homes pile on the market that were held off the market during Covid.
But this Kind of Dynamic Sprinkles Additional Cold Water on the Idea of a Looming Recession by Wolf Richter • Apr 8, 2025 • 128 Comments Inland Empire PMI spikes to highest since early 2021, New Orders spike to record: Private sector is dynamic. But not always in linear ways.
10-Year Treasury Yield Snaps Back Brutally, Stocks Go Crazy, S&P 500 Spikes 8.5% then Plunges Back in 1 Hour on Fake News by Wolf Richter • Apr 7, 2025 • 131 Comments Treacherous markets. But they did seem to catch their breath finally. Stocks are due for a big bounce.
Bank of Japan’s QT Accelerates, 2 Years Behind the Fed & ECB, but Now Visibly Part of the QT Party by Wolf Richter • Apr 7, 2025 • 14 Comments BOJ Quantitative Tightening: -¥18 trillion (-$120 billion) in March, -¥27 trillion YoY, to ¥729 trillion total assets, lowest since December 2022.
Inventories of Existing Homes in Florida Spike in March to Highest since at Least 2016, Massive Jumps in Tampa, Miami, Orlando, as Buyers Are on Strike by Wolf Richter • Apr 5, 2025 • 116 Comments These sellers have to compete with inventory of new houses that in the South is now above Housing Bust highs.
