Tesla, the WTF Chart of the Year by Wolf Richter • Mar 18, 2020 • 96 Comments You’ve got to admire Musk for snookering true believers into buying $2 billion of new shares a month ago that are now down 52%.
European Banks Face Financial Crisis 2, Shares Hit 1988 Lows by Nick Corbishley • Mar 18, 2020 • 52 Comments The ECB promises to “monitor markets closely.” Then it came out with a new bond buying binge.
Treasury Market, Gold Go Haywire as Fed Struggles to Contain What’s Turning into Financial Crisis 2 by Wolf Richter • Mar 18, 2020 • 205 Comments If the Fed hadn’t spent a decade inflating such a mind-blowing Everything Bubble (that had already begun to wobble), the financial reactions wouldn’t be nearly as chaotic.
