Tag Archive for brick-and-mortar-meltdown | wolfstreet.com
Prices rose from the collapsed levels in the prior year and are back where they’d been in 1996, down by 70% from the peak in 2005.| Wolf Street
Monthly Archives: July 2025 | wolfstreet.com
Monthly Archives: September 2025 | wolfstreet.com
Oakland, Austin, New Orleans, Cape Coral, San Francisco, Birmingham, Washington DC, Fort Myers, Denver, Portland, Phoenix, Sarasota, Naples, Hayward.| Wolf Street
Utility-scale battery capacity tripled in two years. California and Texas are the giants.| Wolf Street
Bond market reacts to inflation expectations and supply of new bonds, not the Fed’s policy rates.| Wolf Street
But the hot air was let out of pandemic-era gross margins, operating earnings, and net income. Sellers of existing homes should pay attention.| Wolf Street
Oakland, Cape Coral, Austin, San Francisco, Denver, Tampa, Seattle, New York City, St. Petersburg, Fort Myers, Sarasota, Boise, Jacksonville, Detroit, New Orleans, Portland, Arlington (TX), Naples, Mesa, Aurora (CO), Reno, Scottsdale, Phoenix, Orlando, Garland| Wolf Street
With US debt issuance threatening to blow all fuses, foreign demand is an increasingly important question.| Wolf Street
Amid only one dissent, FOMC Cuts by 25 basis points. “Dot Plot” sees 50 basis points in additional cuts in 2025. Risks shift to labor market. QT continues.| Wolf Street
And they fell in 21 of our 33 metros: Tampa, Austin, Miami, San Diego, Los Angeles, San Jose, San Francisco, San Antonio, Dallas, Phoenix, Orlando, Atlanta, Denver, Raleigh, Houston, Seattle… Others up YoY: Boston, Chicago, New York, Philadelphia… A few hit new highs.| Wolf Street
Some big shifts related to tariffs. But our Drunken Sailors keep on splurging.| Wolf Street
Single-family giants are selling houses they bought amid the Housing Bust and shifted to new construction of build-to-rent developments. Multifamily caught up in CRE turbulence.| Wolf Street
Taxpayers and investors are mostly on the hook this time, not banks.| Wolf Street
After inflation, “real” yields on money-market funds are near 2%, and households kept pouring cash into them. But CDs lost ground.| Wolf Street
At this pace, tariffs will raise an additional $230 billion in corporate taxes a year. US nonfinancial corporate profits spiked to $3 trillion a year.| Wolf Street
Monthly Archives: August 2025 | wolfstreet.com
Oakland, Austin, San Francisco, Denver, Tampa, Seattle, New York City, Saint Petersburg, Fort Myers, Sarasota, Boise, Jacksonville, Detroit, New Orleans, Portland, Arlington, Naples, Mesa, Aurora, Reno, Scottsdale.| Wolf Street
Clothing & general merchandise online retailers are the biggie.| Wolf Street
Our Drunken Sailors and their Credit Cards.| Wolf Street
Home prices fell YoY in 20 of our 33 metros: Tampa, Austin, Miami, San Diego, San Jose, San Francisco, San Antonio, Dallas, Phoenix, Orlando, Atlanta, Denver, Raleigh, Houston, Seattle… Some still up YoY: Boston, Chicago, New York, Philadelphia…| Wolf Street
Drunken Sailors going about their lives, spending money, moving the economy forward.| Wolf Street
Food prices also spiked. Energy prices surged due to diesel, jet fuel, and industrial electric power. Ugly all around.| Wolf Street
Subprime is, as always, in trouble, which is why it’s subprime – high-risk-high-profit auto sales & lending that can entail steep losses.| Wolf Street
Turns out, younger people live their lives, and have always done so.| Wolf Street
The epic red-hot turnover in the labor market in 2021 and 2022 that had reshuffled the entire work force is over.| Wolf Street
US Treasury debt surged by $441 billion since the debt ceiling, to $36.7 trillion. Foreign demand for this stuff is an increasingly important issue.| Wolf Street
Waiting for lower prices, higher incomes, and lower rates.| Wolf Street
The 6-month PCE price index accelerated to 2.8% annualized, despite dropping energy prices. It’s been 2.7% to 3.3% in 2025, sharply higher than in the 2nd half of 2024.| Wolf Street
In some industries, profits surged. In others, profits sagged. By major industry.| Wolf Street
Tag Archive for Tariffs | wolfstreet.com
It says: “Not yet,” and “Quite a ways to go.” This trend has reversed before, but if it doesn’t and instead picks up momentum… Time to keep an eye on it.| Wolf Street
The new and improved Standing Repo Facility (SRF) sprang into action for one day at quarter-end on June 30.| Wolf Street
The job creation machine is running at a decent pace, unemployment is historically low, but it’s not evenly spread across all industries.| Wolf Street
Businesses have been paying them out of their huge profits and have not been able to pass them on to consumers so far.| Wolf Street
Companies don’t just suddenly drop everything to stew in their own juices.| Wolf Street
Last remaining bailout tool from the March bank panic goes away. Current arbitrage may have been a factor in shutting down this baby.| Wolf Street
Hopes that Return to Office will bail out the office sector of CRE seem premature: Data on office attendance and Working from Home.| Wolf Street
Over the past 25 years, the yield curve predicted 4 business-cycle recessions, two of which didn’t come. So we handle it with care.| Wolf Street
The series, started in 2017 to document visually the surging home prices amid the Fed’s interest rate repression, will now get bigger and better.| Wolf Street
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Wolf Richter| wolfstreet.com
Total debt rose over the years as a larger population financed more costly collateral. But income rose too.| Wolf Street
Subprime is the mother lode of profits – until it isn’t. | Wolf Street
Monthly Archives: August 2024 | wolfstreet.com
Delinquency rates unchanged, more buyers paid cash to dodge interest rates, prime is pristine, subprime (14% of originations) is (always) in trouble.| Wolf Street
Monthly Archives: July 2024 | wolfstreet.com
Quantitative Tightening so far has removed 41% of Treasury securities and 29% of MBS that pandemic QE had added.| Wolf Street
Monthly Archives: April 2024 | wolfstreet.com
Monthly Archives: June 2024 | wolfstreet.com
QT-1 blew up the repo market. This time around, the Fed wants to avoid that type of debacle so it wouldn’t have to “prematurely” end QT-2.| Wolf Street