BlackRock CEO Fink: Negative & Low Interest Rates Eat into Consumer Spending at Worst Possible Time by Wolf Richter • Apr 11, 2016 • 39 Comments “A hostile landscape.”
BOJ’s Kuroda Threatens More Easing, Stocks Tank, Absurdity Reigns by Wolf Richter • Apr 5, 2016 • 31 Comments “Negative interest expense” or some such absurdity yet to be coined.
NIRP Kills Off All Money Market Funds in Japan by Wolf Richter • Mar 9, 2016 • 16 Comments And the Bitter Irony?
Revolt against NIRP Breaks out, Bank of Japan “Baffled” by Wolf Richter • Feb 19, 2016 • 28 Comments Meanwhile, exports collapse at fastest rate since 2009.
As War on Cash Escalates, Cash Lovers Fight Back by Don Quijones • Feb 18, 2016 • 62 Comments “It would be fatal if citizens got the impression that cash is gradually taken away from them”: Bundesbank President Weidmann.
I’m in Awe at Just How Fast Global Trade is Unraveling by Wolf Richter • Feb 15, 2016 • 59 Comments It simply doesn’t let up.
Contagion Hits Japanese Banks, Nikkei Plunges, 10-Year Yield Negative for First Time Ever by Wolf Richter • Feb 9, 2016 • 22 Comments A banking crisis radiating out from Europe?
Negative-Interest-Rate Effect already Dead, Central Banks Lost Control over Stocks by Wolf Richter • Feb 5, 2016 • 24 Comments And there’s a bitter irony.
QE in Japan Nears End: Daiwa Capital Markets by Wolf Richter • Jan 31, 2016 • 22 Comments The Bank of Japan’s desperate head fake.
What Will the US Do in a Recession? Look to Japan for Answers by Larry Kummer • Nov 17, 2015 • 9 Comments Japan took fiscal & monetary policy to outer limits. Now it’s in a recession.
