After the credit bubble comes the credit bust.
Italy’s Multi-Headed Hydra Predicament.
Gusto for US stocks and bonds dies down quickly.
“Wolves are in charge of the hen house.”
The Fed caused it, but it won’t do much to contain it.
“I thought we had gas and electricity coming out of our ears.” But no. Hilarious short video about self-inflicted energy problems Australia.
Just How Low Can European Governments Go in Post-Brexit Courtship of Financial Firms?
Not quite, not yet, but it’s not good either.
$1.7 trillion blown on making EPS look less bad.
Bondholders, savers, consumers to be put through inflation wringer.
Next: higher rates or currency crisis?
“I feel like I’ve created a Frankenstein.”
Wall Street will have to go look for another mirage to hype.
If the ECB scales back stimulus, banks face even greater risk of collapse. But now there’s a new solution.
Most countries offer citizenship (passports) the hard way. But 7 sell them outright, and 3 have “powerful” passports. “Citizenship Planning” is a thing.
“Fake prices,” metastasizing derivatives, bloodletting among retailers, the Snap IPO that turns stockholders into zombies, China’s credit bubble that makes even the New York Fed jittery… (video).
To keep a financial system and currency union from collapsing on each other.
First oil & gas, then construction, then new vehicle sales.
The Fed is way behind the curve, but at least it now sees the curve.
With impeccable timing, after a blistering 7-year price boom.
Robert Shiller turns sour on the “way overpriced” stock market.
“Many fear the Fed is behind the curve. The market is even further behind: This is clearly a dangerous situation.”
Tax planning for a post-Brexit world.
In normal times, they would’ve already come unglued. But these are not normal times (video).
The ECB would do so at its own peril.
What does inflation have to do with it?
The scam around the stock of Snapchat’s parent, and a revolt by institutional investors that may have to buy the shares.
A shocking level of bullishness by hedge funds, then prices plunged.
“One of the hardest things to do is to shrink your way to profitability.”
There’s an air of furtive desperation about the proceedings.