What’s Keeping Italy’s Government Debt from Blowing Up? by Don Quijones • Aug 8, 2017 • 29 Comments Even Italian banks are dumping Italian government bonds.
Euro Junk Bonds and “Reverse Yankees” Go Nuts by Wolf Richter • Aug 4, 2017 • 52 Comments Draghi’s twisted bailiwick produces a WTF chart.
The ECB Morphs into the Mother of All “Bad Banks” by Don Quijones • Jul 20, 2017 • 28 Comments More than just a few “fallen angels.”
Fears of “Doom Loop” in Italy Resurface by Don Quijones • Jul 16, 2017 • 8 Comments What will Draghi do?
Jobs and Inflation: Gradually and Then Suddenly by Contributor • Jul 13, 2017 • 51 Comments The Fed and the ECB believe they can tighten and taper without killing the market so long as they jawbone this constantly.
Unwinding QE will be “More Disruptive than People Think” by Wolf Richter • Jul 12, 2017 • 116 Comments “We act like we know exactly how it’s going to happen, and we don’t.”
Has Super Mario Draghi Met His Match? by Don Quijones • Jul 10, 2017 • 28 Comments And this might become a problem for the Fed.
“Tightening” Slugfest Erupts behind the Fed by Wolf Richter • Jun 28, 2017 • 79 Comments July rate hike for Canada is “in the bag.” Bank of England, ECB are scrambling.
Hong Kong Warns: Its Housing Bubble is a “Dangerous Situation” by Wolf Richter • Jun 20, 2017 • 42 Comments The HK dollar is pegged to the US dollar. HK monetary policy follows the Fed. And the Fed is raising rates.
Argentina (!) Sells 100-Year Dollar-Denominated Junk Bonds by Wolf Richter • Jun 20, 2017 • 35 Comments What have central banks wrought?