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.
A New Level of Absurdity by Bill Bonner • Feb 22, 2016 • 32 Comments The Boneheaded Logic of Negative Interest Rates.
Revolt against NIRP Breaks out, Bank of Japan “Baffled” by Wolf Richter • Feb 19, 2016 • 28 Comments Meanwhile, exports collapse at fastest rate since 2009.
I’m in Awe at Just How Fast Global Trade is Unraveling by Wolf Richter • Feb 15, 2016 • 59 Comments It simply doesn’t let up.