No “Free Money for All,” only for Corporations & Governments; Consumers Need Not Apply: ECB’s Nowotny by Wolf Richter • Sep 1, 2016 • 44 Comments Consumer Debt with Negative Rates is “a Perversion.”
QE, End of the Private Sector? Japanese Government Now Largest Shareholder of 474 Big Companies by Wolf Richter • Aug 29, 2016 • 27 Comments The two biggest buyers of Japan Inc. are flying blind and don’t care.
Bank of Japan Prepares for Crash Triggered by Fed Tightening by Wolf Richter • Aug 26, 2016 • 36 Comments Building up a big pile of dry powder.
“Mother of all Shorts” when Stocks Cave to Reality? by Wolf Richter • Aug 22, 2016 • 59 Comments “Everything feels distorted and unnatural”: Citigroup
Revealed: ECB Secretly Hands Cash to Select Corporations by Don Quijones • Aug 22, 2016 • 27 Comments Expanding its Program of Financial Darwinism.
When Will the Record Corporate “Debt Binge” Collapse? by Wolf Richter • Aug 10, 2016 • 23 Comments “This year is unlike anything ever seen in the history of finance.”
Big European Banks Try to Block Contagion from Italian Banking Crisis (Before it Sinks them) by Don Quijones • Aug 5, 2016 • 20 Comments These big banks have every reason to try keeping Italian banks afloat.
Whiff of Panic among Australia’s Biggest Banks? by Wolf Richter • Aug 4, 2016 • 72 Comments “Australia’s WTF Moment.”
Junk Bond Issuance Collapses in the US and Europe by Wolf Richter • Aug 1, 2016 • 23 Comments At a breath-taking pace. Default rate spikes. US stocks at record.
“Stock Markets Should be Down Massively,” but Investors “Hypnotized that Nothing Can Go Wrong” by Wolf Richter • Jul 31, 2016 • 40 Comments Bond bull Gundlach makes U-turn, goes “maximum negative” on Treasuries.