Another Negative-Interest-Rate Central Bank Laments What Negative Interest Rates Have Wrought by Nick Corbishley • Nov 30, 2019 • 127 Comments Instead of warning about the effects of this absurdity, they could just raise rates and quit buying bonds.
Negative Yielding Bonds Turn into Punishment Bonds by Wolf Richter • Nov 9, 2019 • 146 Comments After peak negative-yield-absurdity in August, bond prices fell – the “bond bloodbath” – and the mountain of bonds with negative yields has plunged by $5 Trillion, or by 30%, despite rate cuts.
Interest Rate Derivatives Trading Explodes to $6.5 Trillion/Day by Nick Corbishley • Sep 19, 2019 • 19 Comments A gigantic spike in three years. The UK dominates.
“New Economic or Financial Crisis” in the Eurozone Could Start in Italy: French Government Frets by Don Quijones • Feb 23, 2019 • 53 Comments French banks are heavily exposed to Italy.
Long-Term “Buy & Hold” Crushed Stockholders in Largest Markets Except US & India. But for the US, Luck’s Running Out by Wolf Richter • Jan 1, 2019 • 99 Comments Ugly long-term charts that Wall Street doesn’t want us to see. And now US stocks are infected too.
Retail Melts Down Before Christmas in the UK, Spreads to Continent by Don Quijones • Dec 18, 2018 • 42 Comments After “the worst-on-record unbelievably bad” November, even e-commerce gets hit, not just brick & mortar, on fears Christmas sales could be terrible.
France Chases London’s Gold Market Amid Soft-Brexit Hopes by Don Quijones • Nov 15, 2018 • 19 Comments In the feverish reshuffling of financial services for a post-Brexit world, London still comes out ahead, but less so.
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.
Loans Sour in Turkey, Inflation Hits 25%, Interest Rates Spike, Fears of Contagion Rise by Don Quijones • Oct 5, 2018 • 37 Comments The economic miracle fueled by foreign-currency debt.
Disorderly Brexit Would Trigger Mayhem in Derivatives Market by Don Quijones • Sep 20, 2018 • 26 Comments Time is running out. March 29 is the deadline. Urgent action is needed. But it’s not happening.