Brazil’s central bank struck back with shock-and-awe rate hike. Mexico’s central bank in tough spot after hit to economy. Argentina’s inflation at 42%.
I’ve Arrived. My name is finally big enough in finance to be used by a fraudster. But the brain-dead garbage in the email is funny and obviously fake to those who’ve been reading my stuff.
If the homeownership component in CPI mirrors the Case-Shiller Home Price Index, CPI would jump 5.1%! Not to speak of new & used vehicle prices, which I nevertheless speak of.
“Makes you wonder if there’s a potential mid-QE-life crisis taking shape in Ottawa”: strategists at the National Bank of Canada in a note that would be hilarious if it weren’t so serious.
I am the mother-in-law of Nick Corbishley, author of “365 Days with my Mother-in-Law: Boots on the Ground View of Barcelona’s Economy.” This is my side of the story.
Banks, as prime brokers and counterparties to the hedge fund, are eating multi-billion-dollar losses as they try to get out of these secretive stock derivative positions.
