Home » Posts tagged 'wolf richter' (Page 5)
Tag Archives: wolf richter
Dollar’s Purchasing Power Drops to Record Low, Despite Aggressive “Hedonic Quality Adjustments”
Dollar’s Purchasing Power Drops to Record Low, Despite Aggressive “Hedonic Quality Adjustments” Spiking prices for new and used vehicles under the microscope. The “Purchasing Power of the Consumer Dollar” – part of the Bureau of Labor Statistics’ Consumer Price Index data released today – is the politically incorrect mirror image of inflation in consumer prices, as […]
“The Fed’s Monetary Punchbowl Is Fueling Rampant Home Price Appreciation”: AEI
“The Fed’s Monetary Punchbowl Is Fueling Rampant Home Price Appreciation”: AEI “There is no justification” for continuing the purchases of mortgage-backed securities. The Fed is “misdiagnosing its impact on the housing market.” Pressure rises on the Fed to back off, in face of market craziness. During the press conference following the FOMC meeting last week, […]
Inflation Galore at Manufactures, amid Massive Shifts in Demand, Supply-Chain Snags, Shortages, Lack of Shipping Capacity. And They’re Passing it On
Inflation Galore at Manufactures, amid Massive Shifts in Demand, Supply-Chain Snags, Shortages, Lack of Shipping Capacity. And They’re Passing it On For now, the story is that it’s just temporary. For now, the story is that the sudden and massive shifts in the economy in 2020 have caused shortages and distortions in the goods-producing sectors […]
THE WOLF STREET REPORT: The Stock Market Is Broken, Now for All to See
THE WOLF STREET REPORT: The Stock Market Is Broken, Now for All to See The historic short squeeze, engineered by millions of deeply cynical small traders, exposed just how rigged the market has been. (You can also download THE WOLF STREET REPORT wherever you get your podcasts).
Update on Fed’s QE: The Crybabies on Wall Street, which Clamored for More, Are Disappointed
Update on Fed’s QE: The Crybabies on Wall Street, which Clamored for More, Are Disappointed And five SPVs expired, including the one that bought corporate bonds and bond ETFs. The Fed has now put on ice five of its SPVs (Special Purpose Vehicles) which had been designed back in March to bail out the bond […]
The Year of the Plague in Charts: Weirdest Economy Ever
The Year of the Plague in Charts: Weirdest Economy Ever GDP fell by 3.5% in the year 2020, the worst annual decline since 1946. Trade deficit in Q4 hit new all-time worst. The size of the US economy, as measured by GDP in “current dollars” (not adjusted for inflation), fell to $20.9 trillion in the […]
Inflation Is Spreading Broadly into the Economy. Amid Surging Costs, Companies Raise Prices, and Customers Pay them, Despite Weak Economy, 10 Million Missing Jobs
Inflation Is Spreading Broadly into the Economy. Amid Surging Costs, Companies Raise Prices, and Customers Pay them, Despite Weak Economy, 10 Million Missing Jobs “Not only have the last two months seen supply shortages develop at a pace not previously seen in the survey’s history, but prices have also risen due to the imbalance of […]
Massive Inflation in Shipping Costs. And the Reasons
Massive Inflation in Shipping Costs. And the Reasons Rates for trucking, ocean containers, airfreight, parcels, you name it, the costs for shipping consumer & industrial goods are surging. The dollar-amount spent by shippers, such as manufacturers or retailers, on shipping their goods jumped by 13% in December from a year earlier, driving the Cass Freight Index […]
Electricity Has Been in a Slump for 14 Years, But All Heck Has Broken Loose in How it’s Generated
Electricity Has Been in a Slump for 14 Years, But All Heck Has Broken Loose in How it’s Generated Electricity generating capacity additions & retirements in 2021, and the long-term change in the power mix. In 2021, developers and power plant owners plan to bring 39.7 gigawatts (GW) of new electricity generating capacity on line, […]
Update on the WTF Collapse of Gasoline & Jet Fuel Consumption: The Holiday Period
Update on the WTF Collapse of Gasoline & Jet Fuel Consumption: The Holiday Period Long-term structural issues have long dogged these fuels. Then came the Pandemic. During the holiday shopping and travel period in December and early January, ten months into the Pandemic, gasoline consumption in the US was down about 12% from a year […]
How Will This Unwind? Amid Stimulus, Forbearance, Eviction Bans, Consumer Bankruptcies Dropped to Lowest in Decades. Commercial Chapter 11 Bankruptcies Highest in Years
How Will This Unwind? Amid Stimulus, Forbearance, Eviction Bans, Consumer Bankruptcies Dropped to Lowest in Decades. Commercial Chapter 11 Bankruptcies Highest in Years Weirdest Economy Ever, as 20 million people still claim unemployment benefits. Total bankruptcy filings by consumers and businesses in the US in 2020, across all chapters of bankruptcies, plunged by 30% from […]
Paper Dollars in Circulation Globally Spike amid Hot Demand. But a Mexican Bank, after Run-ins with the US, Can No Longer Unload its Hoard of Paper Dollars
Paper Dollars in Circulation Globally Spike amid Hot Demand. But a Mexican Bank, after Run-ins with the US, Can No Longer Unload its Hoard of Paper Dollars Triggering a showdown — Government of Mexico v. Central Bank — over paper dollars, with ramifications in the US and globally. The amount of “currency in circulation” – […]
US Dollar as “Global Reserve Currency” amid Fed’s QE and US Government Deficits: Dollar Hegemony in Decline
US Dollar as “Global Reserve Currency” amid Fed’s QE and US Government Deficits: Dollar Hegemony in Decline Other options also shaky. Central banks leery of Chinese RMB, its share still irrelevant. Euro’s share is stuck. But the yen’s share has been rising. The US dollar’s position as the dominant global reserve currency is an immensely […]
THE WOLF STREET REPORT: American Debt Slaves in the Weirdest Economy Ever
THE WOLF STREET REPORT: American Debt Slaves in the Weirdest Economy Ever During the Financial Crisis, consumers deleveraged by walking away from their debts. And now, with 20 million people still claiming unemployment insurance? (You can also download THE WOLF STREET REPORT wherever you get your podcasts).
Railroads Slashed Jobs Again in Nov, to Lowest in Many Decades, Traffic Down 17% since 2006, Stocks Soared to Record High
Railroads Slashed Jobs Again in Nov, to Lowest in Many Decades, Traffic Down 17% since 2006, Stocks Soared to Record High Railroads responded to structural challenges by slashing jobs. Did nothing for volume but did everything for their stocks. The North American Class 1 freight railroads – BNSF, Union Pacific, Norfolk Southern, CSX, Canadian National, […]
