And now the biggest boom of all. Yup, charts.
A cashless society could have “adverse collective outcomes.”
Forget the hype about a shortage of supply.
Plunging bank stocks got the Court’s attention, or something.
They’re a measure of the goods-based economy.
But outside Italy, credit markets are sanguine, and no one says, “whatever it takes.”
Bigger issues than propping up the stock market beckon.
It shot up 240% from long-run average and 500% from a year ago.
Italian and Spanish construction companies with global projects on the brink or over the brink.
Which triggers are driving the action? What’s next?
As a flood of US debt washes over the globe, someone is buying. Here’s who.
No economy is as dependent on a trade surplus as Germany.
BlackRock is “a market power that no state can control anymore.”
Bankruptcy can only restructure debts; it cannot revive mutilated brands and bring back mauled customers.
How the next housing bust might unfold – the best-case scenario.
Converting them to freighters is a booming business, but overcapacity looms.
“The ECB cannot and should not turn a blind eye to risks to financial stability.”
Some things are just too curious.
This will dog the stock market going forward.
It has finally happened – a line in the sand has been breached.
Moody’s: It “will exacerbate already material fiscal challenges on the horizon.” If unaddressed, “social tensions will continue to rise.”
“The global leveraged loan market is larger than – and growing as quickly as – the US subprime mortgage market was in 2006.”
Japan monetized 50% of its national debt. Why has there not been a surge of inflation? And why can’t the Fed restart QE and do the same?
The clandestine role of the Spanish government in a run on deposits that drained €29 billion from Catalan banks.
“The tide is going out and investors are starting to worry about which EM economies have been swimming naked.”
Despite repeated speeches to the contrary.
“101 new listings, 101 price reductions.”
Ironically, after having lamented the flattening yield curve for a year, soothsayers now lament the steepening curve.
Italy’s anti-establishment government takes on EU establishment in a struggle that could have major ramifications for the monetary union.
It’s not fun anymore.