Beneath the Skin of CPI Inflation by Wolf Richter • Nov 14, 2023 • 123 Comments Energy plunges, durable goods drop, food ticks up from sky-high levels, but meat re-surges, services are hot, rents accelerate, auto insurance spikes.
Dear Readers, Please Donate to WOLF STREET: Fall 2023 Reminder by Wolf Richter • Nov 12, 2023 • 50 Comments Your support is key to keeping WOLF STREET free and open to all.
Could it Be the Fed’s Mega-QE Created so Much Liquidity that Tightening Doesn’t Work until this Excess Gets Burned Up? by Wolf Richter • Nov 10, 2023 • 400 Comments Financial Conditions loosen further: credit markets blow off the Fed to make sure “higher for longer” gets entrenched? That would be funny.
Biggest IPO Stocks of 2023 Turn Ugly, Some Dropped over 40% from Peak Already by Wolf Richter • Nov 9, 2023 • 62 Comments And now the IPO window is shut again. The biggest nine IPOs of 2023.
Credit Cards, the Biggest Payment Method: Balances, Burden, Delinquencies, Available Credit: How Are our Drunken Sailors Holding Up? by Wolf Richter • Nov 9, 2023 • 132 Comments Only 2% of credit card users are delinquent, according to new data from the New York Fed; 98% are current.
Mortgage & HELOC Balances, Delinquencies, Foreclosures: How Are our Drunken Sailors Holding Up? by Wolf Richter • Nov 7, 2023 • 101 Comments Where’s the hangover from the party?
U.S. Factory Construction in a Historic Spike, after Years of Going Nowhere (Amazing, but Can Something Like this Last?) by Wolf Richter • Nov 4, 2023 • 128 Comments And the factory construction announcements continue.
Which Industries Lost Jobs, Which Gained Jobs? Longer-Term Employment Trends in Charts by Segment by Wolf Richter • Nov 3, 2023 • 44 Comments Some are hot, some are very cold.
Fed Balance Sheet QT: -$1.1 Trillion from Peak, to $7.87 Trillion, Lowest since May 2021. by Wolf Richter • Nov 2, 2023 • 85 Comments Fed shed 26.5% of Treasuries it had added during pandemic QE.
Tsunami of Treasury Issuance Will Shift from Longer-Term Debt to Short-Term T-Bills & 2-Year Notes amid Intense Navel-Gazing about Spiking 10-Year Yield. by Wolf Richter • Nov 1, 2023 • 59 Comments The Spiking 10-Year Treasury Yields Apparently Rattled the Government’s Nerves.
