But the Swiss National Bank is just an innocent bystander.
QE Unwind starts Oct. 1. Next rate hike in Dec. Low inflation, no problem.
“We need to ask for a policy change; the burden with these losses is too big.”
Third largest US bank reaches out to its customers. A mass Credit Freeze would have a huge impact.
Flip-flopping killed its credibility. And that’ll be a problem for the markets.
What the heck is going on?
They did the same in January 2000 just before the dot.com crash.
“Knowing that something could be bad for you is not always a barrier when temptation rears its head.”
Vitamin World to file for bankruptcy, Perfumania Holdings just filed. And Toys R Us… All in just two weeks.
Hype works, until it doesn’t.