China’s Central Bank Makes Even the Heroic Fed Look Like a Bunch of Amateurs by Wolf Richter • Nov 18, 2014 • 6 Comments The incredibly ballooning balance sheet that no one can match (in one chart).
How Low Can the Price of Oil Plunge? by Wolf Richter • Nov 13, 2014 • 15 Comments The bloodletting will go on until the money dries up.
Here’s What Central Bankers Will Do Next by Bill Bonner • Nov 12, 2014 • 14 Comments The middle classes – aka “the voters” – expressed themselves last week. They have been sorely used and they know it.
How to Commit Financial Suicide by Bill Bonner • Nov 11, 2014 • 6 Comments “Hey… you want a wealth effect? I’ll give you a wealth effect!”
This Chart Shows How The Biggest Problem in the Jobs ‘Recovery’ Keeps Getting Worse (by the Atlanta Fed!) by Wolf Richter • Nov 10, 2014 • 7 Comments But it performs miracles on corporate profits.
No “Yellen Put?” You Gotta be Kidding… by Wolf Richter • Nov 4, 2014 • 15 Comments “Not the Fed’s job to rescue reckless investors from the errors of their ways.” Now they tell us!
Fed Issues Surreptitious Payments to Bank Welfare Queens At Taxpayer Expense by Lee Adler • Oct 29, 2014 • 2 Comments On the day when QE ended: Taxpayer were put on hook for a direct subsidy to banks.
Russia Wins the Currency War, Even if it Doesn’t Want to by Wolf Richter • Oct 28, 2014 • 4 Comments There are many losers when a currency gets smashed.
The High Price of Free Money: Now US Bankers Fear Financial, Social, or Political ‘Instability’ by Wolf Richter • Oct 23, 2014 • 14 Comments It all boils down to consumers in an economy that is so dependent on them.
What the Heck just Happened in Global Stock Markets? by Wolf Richter • Oct 12, 2014 • 30 Comments Bitter ironies are piling up – with very crummy consequences.