Wolf Richter with Adam Taggart on Thoughtful Money.
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The Data Mess. Markets, Interest Rates & Inflation and There’s Still No Recession; Risks of Financialization & Overleverage
Finance
Lamborghini Says Sales Are Booming The Daily Financial Trends
As central banks hike rates and inflation forces most consumers to trade down, Lamborghini reports it is not being affected in the least. Based in Sant’Agata Bolognese, the Italian supercar maker has orders on the […]
Finance
Inflation Saga Far from Over: Services CPI in the Euro Area Refuses to Slow for 8th Month in a Row
By Wolf Richter for WOLF STREET. In the 20 countries that use the euro, inflation in services increased again by 4.1%, same increase as in May – and both were the highest since October. The service CPI has […]
Energy Crisis
Energy Prices Trigger Deindustrialization In Germany – due to energy inflation.
German factories are struggling to cope with soaring energy costs, which may prompt many to leave the country for a cheaper location, Bloomberg has reported, citing industry sources. Energy inflation is the primary cause. “Energy inflation […]