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.
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.
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.
Inflation Galore Now: Fed Started Rate Cuts at the Low Point 6 Months Ago, just as Inflation Began to Resurge by Wolf Richter • Mar 28, 2025 • 105 Comments Core PCE price index jumps MoM by most in 13 months on Non-Housing Services. Recreational Services blow out. Durable Goods continue 6-month trip out of deflation.
US Government Fiscal Mess: Debt, Deficit, Interest Payments, and Tax Receipts: Q4 2024 Update on an Ugly Situation by Wolf Richter • Mar 27, 2025 • 162 Comments The Deficit-to-GDP ratio and Debt-to-GDP ratio get even uglier.
In the South & West, Pending Sales of Existing Homes Mark Worst February in the Data, as Inventories in Florida, Texas, California Surge by Wolf Richter • Mar 27, 2025 • 52 Comments Frozen sales meet ballooning inventories.
Treasury Yield Curve Re-Inverts with Sag in the Middle, as Government Swats Down 10-Year Yield. But Mortgage Rates Don’t Follow all the Way, Spread Widens by Wolf Richter • Mar 22, 2025 • 105 Comments Short-term Treasury yields of 6 months or less stay put above 4%.
Where Condos Already Came Unglued: 10 Big Cities with Price Drops from 10% to 22% from Peak by Wolf Richter • Mar 21, 2025 • 80 Comments Austin, Oakland, San Francisco, Detroit, New Orleans, Jacksonville, Denver, Portland, Seattle, Mesa. Tampa is almost there, as are other markets.
Who Holds the Ballooning US Government Debt, even as the Fed and Foreign Holders Unloaded Treasury Securities in Q4? by Wolf Richter • Mar 18, 2025 • 59 Comments An increasingly important question in iffy times. Here are the holders as of Q4, who dumped, who bought.
The Most Splendid Housing Bubbles in America, Feb 2025: The Price Drops & Gains of 33 Largest Costliest Housing Markets by Wolf Richter • Mar 17, 2025 • 114 Comments Below 2022 highs: Austin, San Francisco, Phoenix, San Antonio, Denver, Sacramento, Dallas-Ft. Worth, Portland, Salt Lake, Seattle, Tampa, Raleigh, Houston, Atlanta, Charlotte, Nashville, Las Vegas, Minneapolis, Orlando…
