Where inflation hit in April: Rent, motor vehicle insurance & maintenance, eating out, medical care services, rental cars, utility natural gas, electricity… But prices of apparel & shoes fell. By Wolf Richter for WOLF STREET. On a month-to-month […]
Nonbank mortgage lenders and loan brokers react quickly to demand, which has collapsed. By Wolf Richter for WOLF STREET. Mortgage lenders give a special perspective on the housing market because they sit at the epicenter of it. Employment […]
Daily Standup Top Stories U.S. Largest Grid Operator is warning of Summer Power Shortages May 11, 2025 Clark Savage Key Points Research suggests potential summer power shortages in the U.S. grid, especially in PJM’s region, due […]
Preliminary data from the Directorate General of Customs shows that the country received 1.98 million tonnes of LNG in April. This is up by 46.7 percent year-on-year compared to 1.35 million mt in April 2024. […]
Last time, $840 billion got sucked out in 5 months, all from excess cash in ON RRPs. But after $2.26 trillion of QT, ON RRPs are nearly gone. By Wolf Richter for WOLF STREET. Back on April 3, […]
Key Points Research suggests Saudi Aramco’s Q1 2025 earnings reflect lower oil prices and production cuts. Net income dropped to $26 billion, down from $27.3 billion in Q1 2024, due to market conditions. Dividends include […]
Weekly Daily Standup Top Stories Why Spain’s Rooftop Solar Owners Weren’t Spared From the Blackout May 4, 2025 Clark Savage ENB Pub Note: Rooftop solar panels on homes are not bad; they must be appropriately designed […]
Despite the rumors during bond turmoil, foreigners kept buying Treasuries and the “basis trade” didn’t blow, but the “swap spread trade” made a mess.
ENB Pub Note: This is a significant sanction, and will impact the tariff discussions this weekend with the Trump administration’s team and China. China is not doing very well, and this weekend will be critical. […]
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