Mortgage Rates Hit 4.02%. Two-Year Yield Spikes by Most since 2009. Ten-Year Yield Goes over 2%. All Heck Breaks Loose by Wolf Richter • Feb 10, 2022 • 240 Comments Yields and rate-hike expectations spike. A rate hike now?
Can the US Government Afford Higher Interest Rates? You Bet. $67 Trillion “Fixed Income” Assets Will Generate Higher Incomes & Tax Revenues, Boost Secondary Effects by Wolf Richter • Feb 6, 2022 • 328 Comments Bring them on. Financial Repression has a huge cost.
Russell 2000 Drops Below Year Ago Level. Collapse of IPOs, SPACs, Housing “Tech” Stocks, ARKK, etc. Progresses by Wolf Richter • Jan 18, 2022 • 203 Comments The most-hyped stocks are collapsing, some by 90%, such as EV SPACs, as the sordid underbelly of the stock market comes systematically unglued.
Most Reckless Fed Ever: “Real” Federal Funds Rate Now the Most Negative Ever by Wolf Richter • Jan 12, 2022 • 159 Comments Even most junk bonds have negative “real” yields. And the Fed is still fueling this madness.
Treasury Yields & Mortgage Rates Spike: Markets Begin to Grapple with Quantitative Tightening by Wolf Richter • Jan 8, 2022 • 198 Comments This is now moving fast.
Interview: Inflation, the Housing Market, Chip Shortages, and a Messed-Up New Vehicle Market by Wolf Richter • Jan 2, 2022 • 45 Comments Going to be an interesting year.
Hot Air Comes Out of Condo Prices, But Not House Prices: Existing Home Sales Update by Wolf Richter • Dec 22, 2021 • 144 Comments Total sales down from a year ago for the 4th month in a row.
Trying to Make Sense of Economic Madness: Wolf Richter on Construction Disruption by Wolf Richter • Dec 21, 2021 • 106 Comments Many office buildings may become irrelevant, many malls already have. What does the future hold for once-flourishing buildings? Housing is a pain point for many people. Now we face higher interest rates and high inflation.
Will Inflation Be Allowed to Run Wild? What a Crackdown on Inflation Will Do to Stocks, Bonds & Housing at these Prices by Wolf Richter • Dec 4, 2021 • 212 Comments With widespread, massive, and entrenched inflation, there is no soft landing.
What’s Behind the Pile-Up of New Houses for Sale, Highest since 2008, as Construction Costs Spike Most in 42 Years, Projects Stall by Wolf Richter • Nov 27, 2021 • 223 Comments The supply chain mess bogs down home construction.
