The two biggest buyers of Japan Inc. are flying blind and don’t care.
Building up a big pile of dry powder.
“Everything feels distorted and unnatural”: Citigroup
Expanding its Program of Financial Darwinism.
Wolf Richter with hosts Max Keiser and Stacy Herbert.
“This year is unlike anything ever seen in the history of finance.”
These big banks have every reason to try keeping Italian banks afloat.
“Australia’s WTF Moment.”
At a breath-taking pace. Default rate spikes. US stocks at record.
Bond bull Gundlach makes U-turn, goes “maximum negative” on Treasuries.