It’s Like Ford, GM, FCA Got Run Over by a Tesla on Autopilot by Wolf Richter • Dec 12, 2023 • 286 Comments The infinite wisdom of the US legacy automakers never ceases to astound.
THANK YOU đź’– for Your Wonderful Support of WOLF STREET!! If You Missed it this Week, a Reminder: Please Donate by Wolf Richter • Nov 17, 2023 • 23 Comments Your support keeps WOLF STREET open to all, and not locked up behind a paywall. I immensely appreciate every donation.
Walmart: Consumers No Longer Willing to Pay Whatever. Prices of Goods Fall Broadly, as Inflation Shifted to Services by Wolf Richter • Nov 16, 2023 • 162 Comments Food is the exception and pricing levels “continue to be a concern”: Walmart CEO. Sky-high food prices rose further.
The Most Splendid Housing Bubbles in Canada: Prices Drop to where They’d Been 2 Years Ago, Sales Swoon, Supply Rises by Wolf Richter • Nov 15, 2023 • 72 Comments From peak in March 2022, prices fell 15.6%, in Toronto 17.2%. But Calgary reached a new high (still waiting for the memo?).
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?Â