Their “Everything Bubble” is being pricked “gradually,” and they don’t like it.
US bank stock index down 17% from January. EU bank stocks crushed, crushed, crushed since Financial Crisis.
This will dog the stock market going forward.
How the “Yield Curves” Stack Up in central-bank manipulated bond markets.
Some flat spots disappear, new ones form.
Sez Fitch & Yellen.
Crackdown efforts by bank regulators are put on hold.
Pricing of risk kicks the bucket in record central-bank absurdity.
$9 trillion in deposits go a long way.
In the land of NIRP refugees and “Reverse Yankees,” who will get crushed?