NewZinoo: Wolf Street latest news

eco - Wolf Street - 11 hours ago

NAR Says Typical First-Time Homebuyer Age Was 40 in 2025, up from 33 in 2021. But Is this Accurate?

A narrative gets debunked. The affordability crisis remains.

eco - Wolf Street - 21 hours ago

CMBS: “Commercial Mortgage BS”

"We should have learned our lesson and sworn off CMBS forever": McNellis, commercial real estate developer.

eco - Wolf Street - 1 day ago

Fed Balance Sheet QT: -$37 Billion in November, -$2.43 Trillion from Peak, to $6.54 Trillion

Standing Repo Facility at zero, after doing its job calming the repo market at month-end. QT ended on December 1, but in November, QT continued.

eco - Wolf Street - 1 day ago

Low-Fire Low-Hire Job Market, after Massive Overhiring by Big Tech and Others in 2021 and 2022

But today’s initial unemployment insurance claims were a doozie that'll reverse next week.

eco - Wolf Street - 2 days ago

Private-Sector Job Trends by Industry: From Job Destruction in “Information” to Job Creation in “Mining and Natural Resources”

Three-month average job creation dips into negative for the first time since 2020, per ADP data.

eco - Wolf Street - 3 days ago

Services Inflation Accelerates Further in the Euro Area, Drives Overall and Core CPI Higher

Services inflation was on the ECB’s worry-list when it kept rates unchanged for the third meeting in a row.

eco - Wolf Street - 4 days ago

Mortgage Rates, 10-Year and 30-Year Treasury Yields Jump, Wiping out in One Day the Entire Drop of Last Week

The bond market went back to work on Monday.

eco - Wolf Street - 4 days ago

Manufacturing Grew for 10th Month of 11 in 2025: SandP. Manufacturing Declined for 9th Month Straight: ISM. What Gives?

What even are these manufacturing PMIs?

eco - Wolf Street - 6 days ago

Mortgage Rates Are Not Too High. What’s too High Are Home Prices that Exploded by 40-70% in 2 Years, Creating the “Affordability Crisis”

But there is a solution to this affordability crisis.

eco - Wolf Street - 7 days ago

New Vehicle Inflation: the “WOLF STREET Ford F-150 XLT and Toyota Camry LE Price Index” Going back to 1990 v. CPI

Now updated with the prices for the 2026 model year.

eco - Wolf Street - 8 days ago

Amazing How Central Bank Money-Printing Reversed around the World after the Inflation Shock

Balance sheets of the Fed, ECB, BOJ, BOE, and central banks of China, Canada, Australia, Switzerland, and India as % of GDP.

eco - Wolf Street - 10 days ago

Despite their Ultra-Sour Mood, Americans Splurge at Restaurants and Bars like There’s No Tomorrow

Far outdistancing inflation and blowing by food and beverage stores.

eco - Wolf Street - 10 days ago

PPI Inflation Bounces Back

Food and energy prices spiked in the delayed Producer Price Index for September.

eco - Wolf Street - 11 days ago

AI-Spending War and AI-Debt Pile-Up Could Squeeze Share Buybacks

Apple, Alphabet, Microsoft, Oracle, Meta, and Nvidia spent $1.1 trillion on share buybacks in 5 years to pump up their shares. That’s at risk.

eco - Wolf Street - 13 days ago

The 14 Bigger Cities and Counties with the Biggest Price Declines of Single-Family Homes (-10% to -25%) from Peak to October

Oakland, Austin, New Orleans, Manhattan, Lee County (Cape Coral, Fort Myers), Sarasota County, San Francisco, Birmingham, Washington DC, Denver, Phoenix, Contra Costa County…

eco - Wolf Street - 14 days ago

Credit Card Delinquencies, Balances, Burden, Credit Limits, and Collections in Q3 2025

Despite all moaning and groaning and sour feelings in consumer land, credit card delinquency rates improved further.

eco - Wolf Street - 15 days ago

Federal Government Job Cuts Still Hitting Employment Data: The Labor Market by Major Industry in Charts

Federal and state governments cut 122,000 employees this year through September. But other industries hired.

eco - Wolf Street - 16 days ago

The 24 Bigger Cities where Condo Prices Have Dropped by 12% to 29% through October

The Condo Bust deepens and spreads to more cities, unwinding some mindboggling Condo Bubbles.

eco - Wolf Street - 16 days ago

Treasury Market Scuttles Hope for December Rate Cut, Doubts January Cut, after Hawkish Fed Minutes

“Many participants suggested that … it would likely be appropriate to keep the target range unchanged for the rest of the year.”

eco - Wolf Street - 17 days ago

Social Security Fiscal Year 2025: Trust Fund Balance, Income, Outgo, Deficit, and Interest Rates

The deficit doubled, as benefit payments spiked in part due to the expansion of Social Security, while income rose only slowly.

eco - Wolf Street - 18 days ago

Another Sign that a Major Rethink of the Size of the Fed’s Balance Sheet Is Gaining Momentum

Warsh, on the shortlist for Fed Chair, advocates for more QT, a smaller balance sheet, and lower short-term rates, in sync with Bessent.

eco - Wolf Street - 18 days ago

Construction Spending on Data Centers, Factories, Powerplants, and Office Buildings: Boom at One End, Bust at the Other End

But spending on factories dwarfs spending on data centers.

eco - Wolf Street - 19 days ago

The Most Splendid Housing Bubbles in America: Price Drops and Gains in 33 Large Expensive Metros in October 2025

Prices fell year-over-year in 22 of the 33 metros. In 9 of the 33, prices rose to new highs.

eco - Wolf Street - 21 days ago

Government Sold $694 Billion of Treasuries this Week, Debt Hits $38.2 Trillion, Treasury Yields Rise Further, Shift to T-Bills Begins

Long-term Treasury yields under pressure, amid large auctions of notes and bonds, despite shift to T-bills.

eco - Wolf Street - 22 days ago

Data Fog Engulfing October due to Government Shutdown May “Never” Be Fully Lifted

Survey-based data doesn’t exist because the surveys were not conducted in October. But data that companies electronically submitted exists.

eco - Wolf Street - 23 days ago

THANK YOU 💖 for Your Wonderful Support of WOLF STREET!!! And if You Missed the Fall Reminder: Please Donate

Your support keeps Wolf Street open to all, not hidden behind a paywall, to reach the largest audience possible.

eco - Wolf Street - 23 days ago

Inflation Rages in Streaming Services

Consumers, despite their ultra-foul mood, are not pushing back with waves of cancellations that would keep a lid on streamflation.

eco - Wolf Street - 24 days ago

A 50-Year Mortgage Does Nothing for “Affordability,” Is a Terrible Deal for Homeowners and a Superb Deal for Banks and Investors

Monthly payment of a 50-year mortgage of $500,000 would be only $91 lower than of a 30-year mortgage, but homeowners would get crushed by nearly $1 million in interest.

eco - Wolf Street - 25 days ago

How Americans Handled their Auto Loans and Leases in Q3 2025: Subprime and Prime Delinquency Rates, Balances, and Burden

Loan balances remained flat for a year despite higher unit sales, an unusual situation. Two reasons: prices and cash deals.

eco - Wolf Street - 26 days ago

Entire Treasury Yield Curve from 3 Months to 30 Years Has Risen since Fed’s Rate Cut. Mortgage Rates too. Bond Market Edgy about Inflation and Supply

The 6-month Treasury yield sees Fed on hold in December. Cutting rates as inflation accelerates is a delicate operation that the bond market isn't fond of.

eco - Wolf Street - 28 days ago

Here Come the HELOCs: Mortgages, Housing-Debt-to-Income-Ratio, Serious Delinquencies, and Foreclosures in Q3 2025

Banks are mostly off the hook this time; risks were shifted to taxpayers and investors.

eco - Wolf Street - 29 days ago

Fed Balance Sheet QT: -$14 Billion in October, -$2.39 Trillion from Peak, to $6.57 Trillion, Standing Repo Facility Back to Zero

The SRF did its job. Month-end repo market turmoil, exacerbated by effects of the government shutdown, has settled down.