But the Swiss National Bank is just an innocent bystander.
What the heck is going on?
With surprise rate hike, Bank of Canada turns against housing market.
Locking up money of unsuspecting depositors to prop up collapsing banks.
The upside is fake stability. The downside is too ugly to contemplate.
Before the Elections and despite Bank of Mexico’s “monetary shock.”
Even Italian banks are dumping Italian government bonds.
Draghi’s twisted bailiwick produces a WTF chart.
More than just a few “fallen angels.”
What will Draghi do?