Money Market Funds & CDs: Americans’ $11-Trillion in Cash, Not Trash, Much of it Still Earning 4%+ by Wolf Richter • Mar 14, 2025 • 87 Comments Tsunami of cash is still washing over money market funds. But banks’ fight for deposits is over.
Drill-Baby-Drill for 20 Years: US Natural Gas Production and Exports via LNG & Pipeline Rose to New Records in 2024 by Wolf Richter • Mar 2, 2025 • 72 Comments Prices rose from the collapsed levels in the prior year and are back where they’d been in 1996, down by 70% from the peak in 2005.
PCE Inflation Hits 4.0% Month-to-Month Annualized, Worst since March. 3-Month PCE Hits 2.9%, Worst since April. But Massive “Base Effect” in Services Cools YoY Increases by Wolf Richter • Feb 28, 2025 • 30 Comments December, prior months revised higher. Goods prices jump month-to-month by most since August 2023, turn positive for first time in a year.
In the South, Pending Home Sales Plunge to Record Low, just as Inventories in Florida & Texas Balloon. Push US Pending Sales to Record Low by Wolf Richter • Feb 27, 2025 • 168 Comments In the West, Midwest, and Northeast, sales hobbled along near record-lows. Housing demand got shot in January. Prices are way too high.
Demand for Electricity Takes Off. US Power Generation by Source in 2024: Natural Gas, Coal, Nuclear, Wind, Hydro, Solar, Geothermal, Biomass, Petroleum by Wolf Richter • Feb 27, 2025 • 112 Comments Amid surging demand from data centers (AI, cloud, crypto) and increasing share of EVs.
FDIC Ends Disclosing Total Assets of Banks on “Problem Bank List,” as Disclosure Might Suddenly Trigger a “Disorderly Run” by Wolf Richter • Feb 26, 2025 • 96 Comments Are disclosures of “unrealized losses” on bank balance sheets next?
Future of the Fed’s Balance Sheet: Fed’s Logan on How Assets Might Shift from Longer-Term Securities to Short-Term T-Bills, Repos, and Loans after QT Ends. MBS Entirely Off the List by Wolf Richter • Feb 25, 2025 • 53 Comments This would be like a reverse Operation Twist.
Buyers Strike Crushes Green Shoots of Demand for Existing Homes, amid Surging Supply, Active Listings & Days on Market by Wolf Richter • Feb 21, 2025 • 86 Comments Demand destruction because prices are too high after the 50% price explosion during the pandemic.
Our Drunken Sailors and their Credit Cards: Delinquencies, Balances, Burden, and Available Credit in Q4 2024 by Wolf Richter • Feb 19, 2025 • 39 Comments More people, more workers, higher incomes, more spending. Banks eager to lend at high rates and collect swipe fees.
The Collapse of the EV SPACs: Nikola Joins EV SPAC Bankruptcy Lineup. Here Are Those Already Bankrupt, and Those Not Yet by Wolf Richter • Feb 19, 2025 • 73 Comments The Consensual Hallucination that drove the EV SPAC mania didn’t die with the EV SPACs; it moved on to other stocks.
