The Euro Is Not Dead, Claims EU Survey by Don Quijones • Dec 8, 2017 • 44 Comments The mood has shifted.
Bonds Issued by Acquirer of Mattress Firm & Sherwood Bedding Collapse after ECB Buys Them as Part of QE by Wolf Richter • Dec 6, 2017 • 46 Comments Steinhoff’s “accounting irregularities” crush its stock.
Catalonia’s Post-“Independence” Economic Hangover Sets In by Don Quijones • Dec 6, 2017 • 7 Comments Uncertainty, threats, and counter-threats.
The EU (with Help from Germany) just Made Monsanto’s Day by Don Quijones • Nov 28, 2017 • 30 Comments One of Germany’s largest companies is trying to buy Monsanto, which changes everything.
Spain’s Third Biggest Bank Just Made it Harder to Get Cash by Don Quijones • Nov 25, 2017 • 27 Comments War on Cash bogs down, despite best efforts of government, banks, and credit card companies.
Whose Private-Sector Debt Will Implode Next: US, Canada, China, Eurozone, Japan? by Wolf Richter • Nov 22, 2017 • 121 Comments Canadians, fasten your seat-belt. Here are the charts.
Could Italy’s Banking Crisis Drag Down Mario Draghi? by Don Quijones • Nov 22, 2017 • 14 Comments Just don’t mention “Antonveneta.”
Spain’s Pension System Hits Crisis Point (and Everyone Ignores it) by Don Quijones • Nov 18, 2017 • 65 Comments But how did things get this bad?
The Next Italian Bank Threatens to Topple by Don Quijones • Nov 16, 2017 • 43 Comments Sharp Dose of Deja Vu for Italy’s Teetering Banks.
Global Banks, City of London Raise “Disorderly Brexit” Alarm by Don Quijones • Nov 11, 2017 • 34 Comments Shifting trillions of euros of derivatives positions could be hugely disruptive.