UK Auto Production Plunges to 7-Year Low on Slumping Global Demand & “No Deal” Brexit Fears by Nick Corbishley • Aug 2, 2019 • 50 Comments Investment in the auto sector grinds to a halt.
ECB’s NIRP-Forever Policy “Destroys Banks’ Profitability Equation”: Bankia CEO. Spanish Banks Reel. Problems Stack Up by Nick Corbishley • Jul 30, 2019 • 47 Comments Spain’s Big Five banks (already down from the Big Six) could soon be four.
World Trade in Face of Tariffmageddon, Trade Wars & Manufacturing Slowdown by Wolf Richter • Jul 25, 2019 • 70 Comments Consumers and companies keep plugging, the world has not come to an end.
Another UK Fund Just Slammed its Doors Shut on Investors by Nick Corbishley • Jul 19, 2019 • 48 Comments This time, a fund liquidity crisis traps institutional investors, including pension funds.
London Housing Bust: Prices Fall, Sales Plunge to 2009 Level by Wolf Richter • Jul 17, 2019 • 31 Comments Most other regions in the UK cling to price gains.
Not Helpful for Crushed European Bank Stocks: Stress Test a Sham, European Court of Auditors Warns by Nick Corbishley • Jul 15, 2019 • 27 Comments Just when European banks need to inspire confidence more than ever.
Liquidity Crisis at Woodford Equity Fund Is Symptomatic of Systemic Problem, Bank of England Warns by Nick Corbishley • Jul 12, 2019 • 29 Comments $30 trillion of assets globally are held by similar open-ended funds.
In Escalation of Trade War With Switzerland, EU Risks Balkanizing Europe’s Financial Markets by Nick Corbishley • Jul 10, 2019 • 34 Comments “Weaponizing” Europe’s financial services, with an eye on the UK after Brexit?
Negative-Yielding Junk Bonds Have Arrived in Europe by Wolf Richter • Jul 9, 2019 • 91 Comments NIRP is systematically rotting out basic brain functionality.
Liquidity Fears Hit Other UK “Equity Funds” as Investors Remain Trapped in Woodford Fund by Nick Corbishley • Jul 8, 2019 • 31 Comments Shares of one fund plunged 22% on Friday. Other funds under pressure, raising serious questions about just how liquid “equity funds” in the UK are.
