My “Pickup Truck Price Index” Crushes “CPI for New Vehicles” by Wolf Richter • Dec 15, 2019 • 203 Comments A total mind-blower. Actual prices skyrocket even as CPI for new vehicles has been flat for 22 years.
The State of the American Debt Slaves, Q3 2019 by Wolf Richter • Nov 8, 2019 • 201 Comments Paying the University-Corporate-Financial Complex and the big bifurcation.
Asset Class of Vintage Cars Drops into Bear Market, Down by More than in 2008/2009 by Wolf Richter • Sep 22, 2019 • 127 Comments “Expert sentiment is at its lowest point since October 2010, largely due to market observers’ reactions to the Monterey auctions.”
Subprime Auto Loans Blow Up, Delinquencies at 2009 Level, Biggest 12-Month Surge Since 2010 by Wolf Richter • Aug 13, 2019 • 99 Comments But these are the good times. Automakers are not amused.
The State of the American Debt Slaves, Q2 2019 by Wolf Richter • Aug 7, 2019 • 135 Comments The bifurcation among consumers.
I Hope the Fed Won’t See This: Red-Hot Consumer Spending Powers GDP Growth by Wolf Richter • Jul 26, 2019 • 97 Comments Revisions show the slowdown expected this year hit last year, and now is the rebound. If there’s ever a time for the Fed to not cut already low rates, it’s now.
I Got it, Nothing Matters. Tesla, Boeing, Other Stocks: It’s Like the Whole Market Has Gone Nuts by Wolf Richter • Jul 24, 2019 • 274 Comments Story stocks, momentum stocks, hyperventilation stocks, consensual hallucination stocks, financial engineering stocks: anything but reality.
UK Auto Sales Drop to Five-Year Low in First Half by Nick Corbishley • Jul 5, 2019 • 29 Comments Driven by Diesel Death-Spiral, “decline in buyer confidence,” plunging sales of plug-in hybrids. But EV sales soar.
New-Vehicle Sales Fall to 1999 Levels: How to Grow Revenues After 20 Years of Stagnation (Yup, You Guessed It) by Wolf Richter • Jul 3, 2019 • 67 Comments Carmageddon for cars. But big equipment is hot and gets pricier.
Trucking is Infamously Cyclical, But This is a Tad Extreme by Wolf Richter • Jul 2, 2019 • 27 Comments After truck manufacturers eat up their backlogs, then what?
