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.”
Why’s the World’s Biggest Asset Manager Advising the ECB on the Health of EU Banks? by Don Quijones • Oct 15, 2018 • 40 Comments BlackRock is “a market power that no state can control anymore.”
Here Comes the ECB with a “Bubble” Warning, After it Caused the Most Absurd Bond Bubble Ever by Wolf Richter • Oct 12, 2018 • 73 Comments “The ECB cannot and should not turn a blind eye to risks to financial stability.”
“Concerned” Bank of England Raises Alarm about Growth of High-Risk Loans by Don Quijones • Oct 10, 2018 • 12 Comments “The global leveraged loan market is larger than – and growing as quickly as – the US subprime mortgage market was in 2006.”
I Was Asked: Why Did All this Money-Printing Not Trigger Massive Inflation? by Wolf Richter • Oct 9, 2018 • 180 Comments 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?
US Dollar & Emerging Market Stocks: Big-Fat Gains Turn to Big-Fat Losses by Wolf Richter • Oct 9, 2018 • 37 Comments “The tide is going out and investors are starting to worry about which EM economies have been swimming naked.”
QE Party Is Drying Up, Even at the Bank of Japan by Wolf Richter • Oct 8, 2018 • 54 Comments Despite repeated speeches to the contrary.
US Dollar Refuses to Die as Global Reserve Currency — But Loses Ground by Wolf Richter • Sep 30, 2018 • 63 Comments Chinese RMB gains, but is inconsequential as central banks remain leery. Euro hangs on.
