Ford F-150 Falls off Cliff in Q1 Registrations, Toyota RAV4 Leaps to #1, Tesla Model Y Gains Share, Still #2 Bestseller in the US by Wolf Richter • Jun 24, 2024 • 100 Comments Car and truck bestseller rankings in the US got stirred and shaken in Q1 2024.
Largest Auto Dealers Begin to Warn about Impact of Ransomware Attack Crippling Dealer Software Provider CDK by Wolf Richter • Jun 24, 2024 • 89 Comments “As the incident is ongoing, the full scope, nature and impact of the incident is not yet known”: AutoNation today.
Who Holds the Recklessly Ballooning US National Debt of $34.7 Trillion? by Wolf Richter • Jun 23, 2024 • 169 Comments All of these Treasury securities have been sold. So here are the holders.
Home Sales Sag Further, Hit by Mortgage Rates. Price Cuts & Active Listings Surge. Median Price Skewed by Surge in High-End Sales by Wolf Richter • Jun 21, 2024 • 217 Comments Sales in the mid- and lower range swoon as many people who need a mortgage seem to be waiting for lower rates.
Beneath the Skin of CPI Inflation: A Stunning Outlier Services CPI Drove Down Everything Else by Wolf Richter • Jun 12, 2024 • 131 Comments Services are big, and that one-month outlier was massive, and it drove down Core CPI and overall CPI.
Used Car Wholesale Prices Continue Plunge, Gave up 59% of Pandemic Spike. But still up 35% from Jan 2020: EVs +72%, ICE Vehicles +34% by Wolf Richter • Jun 10, 2024 • 92 Comments Compact trucks +70% since Jan 2020; full-size pickups +39%, SUVs +30%, compact cars +20%. Auto insurance +44% since Jan 2022.
Fed Balance Sheet QT: -$107 Billion in May, -$1.71 Trillion from Peak, to $7.26 Trillion, Lowest since December 2020 by Wolf Richter • Jun 6, 2024 • 149 Comments Quantitative Tightening has removed 40% of Treasury securities and 28% of MBS that pandemic QE added.
THANK YOU 💖 for Your Wonderful Support of WOLF STREET!!! If You Missed it two Weeks ago, a Reminder: Please Donate by Wolf Richter • Jun 6, 2024 • 10 Comments Your support keeps WOLF STREET open, not hidden behind a paywall, so that it can reach the largest possible audience.
Fed’s Wait-and-See on Rate Cuts Supported by Worst 6-Month “Core” & “Core Services” PCE Inflation since mid-2023 by Wolf Richter • May 31, 2024 • 102 Comments Not just housing, but also other core services. However, durable goods inflation is back to normal.
Status of Banks’ Unrealized Losses in Q1: Worsened after Brief Rate-Cut-Mania Relief by Wolf Richter • May 29, 2024 • 78 Comments Rate-cut-mania soothed the pain, but it’s over.
