German Stocks Crush Dream of Central-Bank Omnipotence by Wolf Richter • Sep 18, 2015 • 13 Comments American investors are on the hook.
World Is Now “More Exposed than Ever” to Explosive Dollar by Wolf Richter • Sep 15, 2015 • 13 Comments A risk too ugly to behold.
Global Economy Nearing a “Structural Recession” by Wolf Richter • Sep 10, 2015 • 25 Comments And monetary policies will be “ineffective”: Investment Bank Natixis.
“Hot Money” Flees Latin America, Triggers Currency Bloodbath, Risk of Mega Debt Crisis by Don Quijones • Aug 26, 2015 • 14 Comments Blood on the Bourse.
What the Heck is Going on in the Global Markets? by Wolf Richter • Aug 23, 2015 • 30 Comments This isn’t supposed to happen.
German Newspaper Accuses Spain’s Central Bank of Hiding Collateral Risks from ECB by Don Quijones • Aug 21, 2015 • 2 Comments Misclassifying shoddy collateral as “ECB-eligible” is a great deal for banks.
It Starts: Broad Retaliation Against China in Currency War by Wolf Richter • Aug 20, 2015 • 30 Comments Emerging-Market Debt Crisis on the horizon.
All Heck Breaks Loose After Freaked-Out People’s Bank of China Devalues Yuan Again by Wolf Richter • Aug 12, 2015 • 15 Comments Currency War. Asian stocks plunge. Copper, Oil hit multiyear lows.
People’s Bank of China Freaks Out, Devalues Yuan by Record Amount, Vows to “Severely Punish” Capital Flight by Wolf Richter • Aug 11, 2015 • 18 Comments A “one-time correction,” a PBOC spokesman said, which everyone believed instantly.
French Government Sells Out Citizenry to Coddle Saudi Royals by Don Quijones • Jul 25, 2015 • 8 Comments The reason? The irony of Big Money.