Deutsche Bank CoCo Bonds Plunge, Shares Hit Record Low, after US Entity Makes FDIC’s “Problem Bank List” by Wolf Richter • May 31, 2018 • 35 Comments The old question: When will she buckle?
High Home Prices, Rising Mortgage Rates, Wall Street’s Resurging Buy-to-Rent Scheme Hit Pending Home Sales by Wolf Richter • May 31, 2018 • 53 Comments The trend is becoming clear.
The Oil Giant that Outsmarted Trudeau by Nick Cunningham • May 30, 2018 • 44 Comments Canada has been taken for a ride by Kinder Morgan.
Another Nuclear Bailout? by Leonard Hyman and Willian Tilles • May 30, 2018 • 43 Comments As pulp fiction aficionados, we love a good hostage situation.
ECB Reacts (Unofficially) to NIRP’s Revenge in Italy by Wolf Richter • May 30, 2018 • 43 Comments Bond turmoil, no problem. But if Italy doesn’t stick to the rules, the ECB might let the bonds go, “safeguard the remaining Eurozone members,” and “merely control the disaster.”
NIRP’s Revenge: Italian Bonds Plunge, Worst Day in Decades by Wolf Richter • May 29, 2018 • 74 Comments Markets wail and gnash their teeth as “normalization” of Italian yields sets in.
Update on the Most Splendid Housing Bubbles in America by Wolf Richter • May 29, 2018 • 114 Comments Some beautiful spikes too.
“For New Money Only”: Banks Fight for Deposits, But if You Don’t Jump Through Hoops, You Get “Punishment Rates” by Wolf Richter • May 28, 2018 • 60 Comments HSBC makes it official.
The Engines of the Largest Container Ships in the World, and Challenges their Manufacturers Face by MC01 • May 28, 2018 • 101 Comments Three companies dominate the market for these huge “low-speed” two-stroke diesel engines.
Which Banks Are Most Exposed to Italy’s Sovereign Debt? (Other than the Horribly Exposed Italian Banks) by Don Quijones • May 27, 2018 • 74 Comments “Doom loop” begins to exact its pound of flesh.
