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.
Strange Things Are Happening in European Bond Markets by Contributor • Apr 19, 2015 • 11 Comments I can’t even begin to think of all the unintended consequences this will bring about.
Keep Pushing Until Something Really BIG Breaks? by Wolf Richter • Apr 9, 2015 • 13 Comments Fed clueless how to unscramble omelet, fears “outsized market reaction.” Other central banks keep adding to omelet. Absurdity reigns.
This Could Sink Banks in Greece, Portugal, Spain, and Italy by Wolf Richter • Apr 7, 2015 • 13 Comments It’s the competition folks – not the bank regulators. And they have real teeth.
China Targets Dollar, Washington Has Conniptions by Wolf Richter • Apr 2, 2015 • 20 Comments After a bruising setback, the US government has a new opportunity to oppose China’s global financial and monetary ambitions.
Central Banks Warn: Liquidity May Evaporate When Investors Finally Remove Blindfolds by Wolf Richter • Mar 27, 2015 • 10 Comments They’re worried about bond market mayhem. And the financial system.
Surprise Attack: French Megabank Slams Draghi’s Currency War by Wolf Richter • Mar 24, 2015 • 3 Comments “Nothing is happening inside the Eurozone that favors growth.”
The “Insanity Trade:” Where Does It Go From Here? by Wolf Richter • Mar 24, 2015 • 15 Comments “Bond Bubble becomes more extreme” and stocks are “overvalued,” say 11,000 financial professionals – but where’s the dang sell-button?