QE Party Goes Dry, Bank of Japan Tries to Confuse the Markets by Wolf Richter • Feb 4, 2019 • 65 Comments During the selloff in Dec., the BOJ shed $31 billion. But in Jan., it piled on.
Italy Guns For Glass-Steagall-Type Law to Break Up Banks, Cut Bailout Costs for Taxpayers by Don Quijones • Feb 3, 2019 • 45 Comments The banking lobby and the ECB will have a cow.
Germany Heads for a Technical Recession by Wolf Richter • Jan 8, 2019 • 67 Comments This is embarrassing in the land of super-stimulus via the ECB’s negative-interest-rate policy and years of QE.
US Dollar Status as Global Reserve Currency? by Wolf Richter • Dec 31, 2018 • 115 Comments To diminish the dollar’s role as a global reserve currency, central banks would have to dump the dollar. So, let’s see.
Who Exactly Mopped up $1.33 Trillion of New US Government Debt over the Past 12 months? by Wolf Richter • Dec 17, 2018 • 78 Comments Debt out the wazoo, but someone is still buying it.
ECB Just Launched “Better Than Blockchain” Instant Payments System by Don Quijones • Dec 3, 2018 • 60 Comments But will the big banks play along?
I Was Asked: “How & When Will the Next Financial Crisis Happen?” by Wolf Richter • Oct 31, 2018 • 108 Comments China has a lot of balls in the air at the moment.
Swedish Central Bank Makes U-Turn on Cash as NIRP is Ending by Don Quijones • Oct 26, 2018 • 15 Comments Cash is less of a threat to central bank policies when interest rates rise above zero.
It’s the Banks Again by Wolf Richter • Oct 22, 2018 • 56 Comments US bank stock index down 17% from January. EU bank stocks crushed, crushed, crushed since Financial Crisis.
Italy’s Debt Crisis Thickens by Don Quijones • Oct 18, 2018 • 28 Comments But outside Italy, credit markets are sanguine, and no one says, “whatever it takes.”