The Once Uber-Dovish ECB Continues QT, Shed €66 Billion in March, Has now Shed 50% of QE Assets since Peak by Wolf Richter • Apr 9, 2026 • 9 Comments Marking its gold to market every quarter (unlike the Fed), the ECB booked another big write-up of its gold holdings in Q1.
Home Prices in the Largest European Countries Range from Housing Bubbles to a Market that Fell back to 2010 by Wolf Richter • Apr 8, 2026 • 46 Comments Germany, France, Italy, Spain, Netherlands, Poland, Belgium, Sweden, Ireland, Austria, Norway, Denmark, Romania, Czech Republic, Finland, Portugal, Slovakia, Hungary, Bulgaria.
Home Prices in the Largest Countries of Europe: Splendid Housing Bubbles in Some, Prices back to 2010 in Others by Wolf Richter • Jan 10, 2026 • 49 Comments Germany, France, Italy, Spain, Netherlands, Poland, Belgium, Sweden, Ireland, Austria, Norway, Denmark, Romania, Czech Republic, Finland, Portugal, Hungary, Bulgaria.
Long View of the S&P 500 & Stock Markets of Canada, Japan, China, Hong Kong, India, UK, France, Germany, Italy, Spain by Wolf Richter • Dec 31, 2025 • 70 Comments American hot money piling into some foreign markets produced gigantic gains in 2025 (Spain +49%).
Services Inflation Accelerates Further in the Euro Area, Drives Overall & Core CPI Higher by Wolf Richter • Dec 2, 2025 • 20 Comments Services inflation was on the ECB’s worry-list when it kept rates unchanged for the third meeting in a row.
Amazing How Central Bank Money-Printing Reversed around the World after the Inflation Shock by Wolf Richter • Nov 27, 2025 • 80 Comments Balance sheets of the Fed, ECB, BOJ, BOE, and central banks of China, Canada, Australia, Switzerland, and India as % of GDP.
Amazing How the Money-Printing World Has Reversed by Wolf Richter • Oct 9, 2025 • 77 Comments Balance Sheet as % of GDP: Fed, ECB, BOJ, BOE, and Central Banks of Canada, Australia, New Zealand, and Sweden
ECB’s QT Has Knocked €3.28 trillion off its Balance Sheet (far More than the Fed’s QT) and Accelerated QT Further this Year by Wolf Richter • Oct 8, 2025 • 52 Comments Gold mark-to-market quarterly adjustment: +€158 billion for Q3 on gold’s price spike, largest ever write-up.
Home Prices in the Largest Countries of Europe Range from Splendid Housing Bubbles to a Market that Dropped back to 2010 by Wolf Richter • Oct 6, 2025 • 81 Comments Germany, France, Italy, Spain, Netherlands, Poland, Belgium, Sweden, Ireland, Austria, Norway, Denmark, Romania, Czech Republic, Finland, Portugal.
The Foreign Investors Who Bought the Recklessly Ballooning US Treasury Debt and Why They’re so Important by Wolf Richter • Sep 18, 2025 • 48 Comments With US debt issuance threatening to blow all fuses, foreign demand is an increasingly important question.