The Most Splendid Housing Bubbles in America: Sept Update: Prices Drop in 26 of 28 Big Metros, even San Diego, Los Angeles by Wolf Richter • Oct 15, 2024 • 124 Comments 1 New High. 19 metros below 2022 peaks: Austin, San Francisco, Phoenix, Denver, Salt Lake City, Portland, Seattle, Dallas, Honolulu, Nashville…
Venture Capital Slammed by Fed Tightening: Exits Blocked after IPOs & SPACs Collapsed, Distributions at Financial Crisis Lows by Wolf Richter • Oct 14, 2024 • 82 Comments Rise of Zombie VCs that stick around collecting fees as their startups run out of cash and die. The AI boom is the exception.
What If There’s No Landing at all, But Flight at Higher Speed and Altitude than Normal, with Higher and Rising Inflation? by Wolf Richter • Oct 13, 2024 • 194 Comments That scenario is re-emerging as a real possibility in recent economic data.
Beneath the Skin of CPI Inflation: “Core CPI” Accelerates for 3rd Month on Sharp Flip of Used Vehicle Prices, Sticky Services Inflation. Gasoline Plunged by Wolf Richter • Oct 10, 2024 • 185 Comments Surging homeowner insurance and other homeowner costs fuel OER CPI, which is now hotter than rent CPI.
Florida Housing Market Buckles, Listing Prices Sag to 30-Month Low but Are Still Way Too High, Inventory Piles Up, Institutional Investors Turn into Net Sellers by Wolf Richter • Oct 8, 2024 • 187 Comments He who panics first, panics best. Mr. Holmes, with no offers in 9 months, missed that train and is chasing prices lower.
More Evidence this May Be the End of the Historic Plunge of Used Vehicle Prices that Had Pushed Down CPI by Wolf Richter • Oct 7, 2024 • 44 Comments Amid tight supply and strong demand.
Fed Balance Sheet QT: -$66 Billion in Sept., -$1.92 Trillion from Peak, to $7.05 Trillion, Back to May 2020. To Drop Below $7 Trillion in 1-2 Months by Wolf Richter • Oct 3, 2024 • 72 Comments Quantitative Tightening has shed 40% of the assets added during pandemic QE.
Here Come the Vacant Homes: New Listings Jump when they Normally Drop in September, Active Listings Pile up, Listing Prices Drop below 2 Years Ago. Buyers on Strike, Prices too High by Wolf Richter • Oct 3, 2024 • 84 Comments Sellers coming out of the closet with their vacant homes. Active listings exploded the most in San Diego (+77%).
Epic Office Glut Hits Records in San Francisco, Atlanta, Chicago, Los Angeles, Seattle, Washington DC. Dallas Availability Rate Dips to 30%, Houston rises to 29% by Wolf Richter • Oct 1, 2024 • 44 Comments The “war for space” before the pandemic unravels into biggest office glut ever.
Corporate Pricing Power and Therefore Inflation Not Vanquished, Says Renewed Spike in Corporate Profits in Most Industries by Wolf Richter • Sep 26, 2024 • 98 Comments More evidence that underlying inflation dynamics are thriving.
