“Let markets clear.” It’ll be just “a financial engineering shock.”
What happens to prices when the biggest, reckless buyer walks away?
Until shares can be sold, “valuations” remain fake wealth.
Asset class of Beautiful Machines deflates: fate of bubbles under the new regime.
Are we blinded yet by the brilliance of corporate earnings?
The last big enthusiastic buyer, China, is leaving the party.
Draghi’s twisted bailiwick produces a WTF chart.
“Real economy has little to gain, and much to lose”: FDIC’s Hoenig to Senate.
PE firms win again. Stiffed creditors not amused in bankruptcy court.
Magnitude is unknown but huge. Brokerages push it to new heights.