The ECB’s QE is fraudulent credit – really dangerous, toxic stuff.
“We are not panicking” – bank CEO.
The industry is drunk with its own enthusiasm.
“Financial instability” is a euphemism for “crash.”
No respite for the American oil patch and its investors.
Junk-bond funds hit by ‘market conditions’ as retail investors refuse to be sitting ducks.
Subprime is merciless when it strikes back.
Among those who’ll get to eat the losses: unsuspecting retail investors.
A desperate feeding frenzy takes its course.
It always pays to be cautious when other investors get greedy.