Hilarity in NIRP Zone: Italian 2-Year Yield Still Near 0%, as New Government Proposes Haircut for Creditors and Alternate Currency, Markets on “Knife Edge” by Wolf Richter • May 21, 2018 • 93 Comments ECB’s Negative Interest Rate Policy has been the funniest monetary joke ever.
But Who the Heck Bought the $1.2 trillion in New US Debt Over the Past 12 Months? by Wolf Richter • May 16, 2018 • 70 Comments Japan systematically dumps US Treasuries while China hangs on.
Global QE Dream Ends, ECB Sees Rate Hikes, “Normalization” Becomes a Thing by Wolf Richter • May 14, 2018 • 32 Comments The Fed leads, the ECB follows.
As US Dollar & Interest Rates Rise, All Heck Breaks Loose in Emerging Market Currencies by Wolf Richter • May 10, 2018 • 67 Comments When the “hot money” gets antsy, a currency crisis morphs into a debt crisis.
Bank of Canada: 8% of Canadian Households Owe More Than 20% of the $2.1 Trillion in Debt by Daniel Wong • May 5, 2018 • 49 Comments These Canadians are in a “highly vulnerable” position.
Are European Companies Ready for Life Without Draghi? by Don Quijones • Apr 29, 2018 • 35 Comments Not going to be easy, especially for “zombie” companies.
EU Moves to Protect Financial System from Failing Banks by Don Quijones • Apr 19, 2018 • 29 Comments Too Little, Too Late?
“When the Next Crisis Begins…” JPMorgan CEO Jamie Dimon by Wolf Richter • Apr 5, 2018 • 65 Comments “As all asset prices adjust to a new and maybe not-so-positive environment,” there’s “a risk that volatile and declining markets can lead to market panic.”
What Could Dethrone the Dollar as Top Reserve Currency? by Wolf Richter • Mar 30, 2018 • 103 Comments Central banks seem leery about the Chinese yuan.
China’s Empty Threat of Dumping its US Treasuries by Wolf Richter • Mar 23, 2018 • 161 Comments “We are looking at all options.”
