US junk goes in. Plump, yen-denominated, highly rated bonds come out.
Statistical fluke? Hardly.
Risks “more widespread” than implied by bond ratings. Bondholders and public employees beware. The Fed is doing workshops on municipal bankruptcies now.
But prices in Vancouver and Toronto to continue rising “over the next few months.”
Corporate performance in Q1 sank into the mire because of the strong dollar?
The list that makes your head spin.
GE sees bubble, dumps assets – with impeccable market timing.
And it’s dragging down the economy.
Fed clueless how to unscramble omelet, fears “outsized market reaction.” Other central banks keep adding to omelet. Absurdity reigns.
No one backs off. Price plunges.