When Betting on QE Suddenly Goes Wrong by Wolf Richter • May 29, 2015 • 16 Comments “Bloody” Month in Euro Land.
“Cash Is Coined Freedom”: War on Cash Becomes Official in Germany, Reaches G-7, Draws Withering Fire by Wolf Richter • May 18, 2015 • 40 Comments The Eurozone, the US, the UK, and Switzerland should “give up cash at the same time.”
Why Bonds Are No Longer a “Safe Haven” by Bill Bonner • May 18, 2015 • 1 Comment We’ve been waiting for a crash of stock prices. And waiting. And waiting. It still hasn’t come. The S&P 500 hit another all-time high. But the real action is in the bond market.
China Momentum Indicator Plunges to “Hard Landing” Level by Wolf Richter • May 15, 2015 • 13 Comments “But nothing is normal in China anymore.”
Afraid of Losing Trillions, Wall Street Fights Fed Rate Hikes by Wolf Richter • May 14, 2015 • 25 Comments Stocks, bonds, art, housing, VC portfolios of billion-dollar startups… everything’s on the line.
Dollar Hits Air Pocket, Euro in Epic Short Squeeze by Wolf Richter • May 7, 2015 • 4 Comments “I wonder whether we’re not living in a new world in which governments no longer control as much as they think they control.”
But Don’t Cry for the Bond Market Gamblers by David Stockman • May 6, 2015 • 1 Comment Never before has an agency of a state anywhere in the world pleasured speculators with such stupendous windfalls.
China Containerized Freight Index Plunges to Multi-Year Low, Shanghai-EU Rates Totally Collapse, US Rates Morose by Wolf Richter • May 4, 2015 • 17 Comments Something is going on in the shipping business – and beyond – to create this gloom.
Central Bank Governor Veers Off Script, Sees “Illusion of Liquidity” & “Asset Bubbles,” Dreads Crash by Wolf Richter • Apr 22, 2015 • 9 Comments And he offers an insanely good chart of the Hot Money.
The World’s Financial System Is Going Nuts by David Stockman • Apr 21, 2015 • 7 Comments Central banks have succeeded in generating a planet-wide mania.