The Largest Foreign Holders of US Treasury Securities and the “Basis Trade”: April 2026 Update by Wolf Richter • Apr 15, 2026 • 41 Comments Foreign demand for the ballooning US Treasury debt is an increasingly important issue. But how much of that demand is actually “foreign?”
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 • 13 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 • 50 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.
