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US-mortgage-applications-2024-11-21-purchase

by Wolf Richter • Nov 20, 2024 • 0 Comments

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FRONT PAGE

Underlying Job Market Dynamics Retighten as Fed Moves any Rate Cuts into Distance amid Accelerating Inflation

by Wolf Richter • Feb 4, 2025

The low point was in September, which had spooked the Fed. But that’s over.

Trump Agrees with Fed’s Pivot to Wait-and-See after the Fed Bows to Trump on Everything Else to Keep Monetary Policy Independent

by Wolf Richter • Feb 3, 2025

We’ll see how long Trump’s side of this mutual understanding lasts.

Tesla Sales Got Crushed in Q4 in California, its Largest US Market. Non-Tesla EV Sales Jumped to a Record. ICE Vehicle Sales Dipped

by Wolf Richter • Feb 3, 2025

Since 2016, ICE vehicle sales plunged 31%, while EV sales soared 10-fold.

What Trump’s Tariffs Did Last Time (2018-2019): No Impact on Inflation, Doubled Receipts from Customs Duties, and Hit Stocks

by Wolf Richter • Feb 3, 2025

I watched this stuff last time, amazed by the lack of inflation. Sure, “This time it’s different,” but those are the four most costly words on Wall Street.

Inflation Festers in Core Services, No Progress in 12 Months. PCE Price Index Accelerates for 3rd Month: Justifies Fed’s Pivot to Wait-and-See

by Wolf Richter • Jan 31, 2025

In a broader sense, there has been no progress at all on inflation in eight months.

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