BlackRock CEO Fink: Negative & Low Interest Rates Eat into Consumer Spending at Worst Possible Time by Wolf Richter • Apr 11, 2016 • 39 Comments “A hostile landscape.”
Helicopter Money “Not on the Table,” ECB Swears Furiously by Wolf Richter • Apr 7, 2016 • 88 Comments But it’s already here!
BOJ’s Kuroda Threatens More Easing, Stocks Tank, Absurdity Reigns by Wolf Richter • Apr 5, 2016 • 31 Comments “Negative interest expense” or some such absurdity yet to be coined.
Brexit Meltdown at the Bank of England by Don Quijones • Mar 24, 2016 • 22 Comments But it’s supposed to be “independent” from national politics.
China Ocean Freight Indices Plunge to Record Lows by Wolf Richter • Mar 14, 2016 • 40 Comments There’s simply no respite.
Bundesbank Fears “Doom Loop” by Wolf Richter • Mar 11, 2016 • 32 Comments But Draghi Still Doesn’t Get it.
NIRP Kills Off All Money Market Funds in Japan by Wolf Richter • Mar 9, 2016 • 16 Comments And the Bitter Irony?
It Begins: Palace Revolt against ECB’s NIRP by Wolf Richter • Mar 4, 2016 • 57 Comments If “punishment interest exceeds the pain threshold….”
“Valuations Will Fall Back”: Bank of England Gov. Carney Pooh-Poohs NIRP Miracle by Wolf Richter • Feb 28, 2016 • 39 Comments “Derail an expansion and deepen a subsequent recession.”
ECB Unveils Ingenious Strategy to Reduce Banking Stress by Don Quijones • Feb 27, 2016 • 12 Comments Trying to prop up confidence by hook or crook.