ECB Ends Corporate Bond Buying, and Look What Happens by Don Quijones • Dec 27, 2018 • 17 Comments Companies feel the pain as euro junk-bond yields more than doubled.
QE Created Dangerous Financial Dependence, Italy Hooked, Withdrawal Next, ECB Warns by Don Quijones • Nov 22, 2018 • 72 Comments “Who will purchase €275 billion of government debt Italy is to issue in 2019?”
Why’s France so Worried about Italy’s Showdown with Brussels? by Don Quijones • Oct 30, 2018 • 27 Comments The French megabanks are on the hook.
It’s the Banks Again by Wolf Richter • Oct 22, 2018 • 56 Comments US bank stock index down 17% from January. EU bank stocks crushed, crushed, crushed since Financial Crisis.
Here Comes the ECB with a “Bubble” Warning, After it Caused the Most Absurd Bond Bubble Ever by Wolf Richter • Oct 12, 2018 • 73 Comments “The ECB cannot and should not turn a blind eye to risks to financial stability.”
Italy’s Debt Crisis Flares Up, Banks Get Hit, as Showdown with the EU Intensifies by Don Quijones • Oct 7, 2018 • 59 Comments Italy’s anti-establishment government takes on EU establishment in a struggle that could have major ramifications for the monetary union.
US Yield-Curve Looks Hell-Bent on Inverting, “Flattest” Since Aug 2007 by Wolf Richter • Aug 26, 2018 • 62 Comments How does it compare to German, Japanese, and Chinese yield curves?
ECB Fears Contagion from Turkish Lira Collapse, Bank Stocks Plunge by Don Quijones • Aug 10, 2018 • 84 Comments Turkish lira in free-fall, down 18% in two days.
The EU Backs Off its War on Cash. Here’s Why by Don Quijones • Jul 30, 2018 • 47 Comments People view paying in cash “as a fundamental freedom, which should not be disproportionately restricted.”
NIRP Did It: I’m in Awe of How Central-Bank Policies Blind Investors to Risks by Wolf Richter • Jul 13, 2018 • 45 Comments “Reverse-Yankee” Junk Bond Issuance Hits Record.
