Markets’ Reaction to Warsh: Silver Collapses, Gold Plunges, Dollar Jumps, Treasuries Yawn, Stocks Drop, already Battered Cryptos Sink by Wolf Richter • Jan 30, 2026 • 43 Comments Pulling the rug out from under the “debasement trade.”
Producer Price Index Jumps on Disconcerting Spike in Services PPI. Food & Energy Prices Fall by Wolf Richter • Jan 30, 2026 • 17 Comments Core goods prices rise as companies distribute the tariffs amongst each other.
California’s Population Declines Again, -200,000 since 2020: Relief for “Housing Shortage” as Homes Keep Getting Built by Wolf Richter • Jan 29, 2026 • 109 Comments Home prices in California are down 2% year-over-year and roughly unchanged since July 2022.
Unemployment Insurance Drops to Lowest since Sept. 2024, Layoffs Are Low, Show No Signs of Weak Labor Market by Wolf Richter • Jan 29, 2026 • 25 Comments Despite corporate announcements of global layoffs, including of remote workers (while hiring through the other door).
Fed Refuses to Cut, Shifts Hawkish in the Statement, with Two Dissenters by Wolf Richter • Jan 28, 2026 • 146 Comments “Everything comes in suggesting that this year starts off on a solid footing for growth”: Powell in the press conference.
Population Growth Slows to Crawl, Net Migration May Turn “Negative”: Census Bureau’s New Population Estimates by Wolf Richter • Jan 27, 2026 • 149 Comments Hugely important for housing, employment, and consumer spending.
Hard to Imagine an Economic Slowdown until this Business Investment Boom Fizzles. Core Capital Goods Orders Show Why by Wolf Richter • Jan 26, 2026 • 129 Comments The five-month surge is a sign of strong business investment, partly driven by the AI infrastructure buildout.
US Government Struggles to Keep a Lid on 10-Year Treasury Yield and Mortgage Rates by Wolf Richter • Jan 25, 2026 • 108 Comments The “rate check” on Friday to put a floor under the yen was the latest step.
Americans’ Incomes from Wages & Salaries, Businesses & Farms, Rentals, Dividends & Interest, and Transfer Receipts by Wolf Richter • Jan 23, 2026 • 110 Comments But their massive capital gains, realized and unrealized, are not included here.
New-Vehicle Sales in California, 2025: Tesla Loses Ground, Toyota Widens Lead, Honda Passes Tesla, but Model Y still #1 Bestseller by Far by Wolf Richter • Jan 22, 2026 • 73 Comments ICE vehicle sales dropped 28% from 2017 peak, while EV sales soared 648% over same period.
Inflation-Adjusted Consumer Spending, Incomes, and Government Transfer Receipts by Wolf Richter • Jan 22, 2026 • 61 Comments Consumers may be in a foul mood, but they’re making money and are spending it, and are still saving some.
Pending Home Sales Plunge across the US. Midwest Sees Worst Sales on Record, Northeast 2nd Worst by Wolf Richter • Jan 21, 2026 • 134 Comments For the US overall, worst sales for any December on record. The housing market took a bad turn, from already low levels.
Japanese Government 30-Year Yield Explodes after Threats of Increased Spending & Tax Cuts: Bond Vigilantes Rising from their Graves? by Wolf Richter • Jan 20, 2026 • 59 Comments A bond market as strung out as Japan’s doesn’t want to hear about spending increases accompanied by tax cuts when inflation is already 3%.
Energy Inflation for Households: Electricity, Natural Gas Piped to the Home, Gasoline, and Other Fuels by Wolf Richter • Jan 19, 2026 • 88 Comments Demand for electricity has surged, and so has the price.
US Government Sold $654 Billion of Treasuries this Week, 10-Year Yield Spikes to 4.24%, Highest since Sep 2, despite 3 Rate Cuts by Wolf Richter • Jan 17, 2026 • 113 Comments The new supply: $138 billion of new 10-year Treasury notes replaced $66 billion of matured 10-year Treasury notes.
Condo Prices Now Below 2005-2007 Housing Bubble Peaks in 8 Cities, including Oakland, Chicago, and 2 Cities in Florida by Wolf Richter • Jan 16, 2026 • 28 Comments Condos are subject to huge booms and busts. But these cities are more special than others, so to speak.
Food Inflation Gets Hot, but Not Every Item: A Look at Beef, Chicken, Coffee, Eggs, Dairy, Fruit & Vegetables, “Other Foods” by Wolf Richter • Jan 15, 2026 • 74 Comments CPI for “Food at home” jumped in December and is up 30% since January 2020. The CPI for restaurant food is even hotter.
The Most Splendid Housing Bubbles in Canada, Dec 2025: Single-Family & Condo Prices Hit Multi-Year Lows in Toronto, Spike in Montreal, Quebec by Wolf Richter • Jan 15, 2026 • 10 Comments In between: Vancouver, Victoria, Hamilton-Burlington, Calgary, Ottawa, Halifax, Edmonton, Winnipeg.
Sales of Existing Homes in 2025 Drop to Lowest since 1995, Sellers Massively Yank Listings off the Market, Waiting for Spring by Wolf Richter • Jan 14, 2026 • 69 Comments Single-family home sales edged up in 2025, condo sales dropped further.
Bad-Joke Housing CPIs, Absurd Health Insurance CPI Still Mar Today’s CPI Report, Repress Year-over-Year CPI Inflation by Wolf Richter • Jan 13, 2026 • 210 Comments My frustration is boiling over. This is very serious. A lot depends on halfway accurate CPI inflation readings.
