“Cliff Edge” Brexit Threatens $34 Trillion of Derivative Contracts: UK Regulator by Don Quijones • Jul 24, 2018 • 43 Comments A high-risk blinking contest no one wants to lose.
10 Down-to-Earth Things Powell Said about Cryptocurrencies by Wolf Richter • Jul 23, 2018 • 42 Comments Go find someone else to regulate them.
“Desperate” Tesla Asks Suppliers for Cash Back Retroactively to 2016 by Wolf Richter • Jul 23, 2018 • 104 Comments The request is “essential to Tesla’s continued operation.”
Is the US Economy Really Going to Pop 4.5% in Q2? by Wolf Richter • Jul 22, 2018 • 71 Comments At least one of them is very wrong: Atlanta Fed GDPNow v. New York Fed Nowcast.
Backlash Against “War on Cash” Reaches Washington & China by Don Quijones • Jul 21, 2018 • 92 Comments The electronic-payments industry, which gets a cut from every electronic transaction, wants to kill cash. But wait…
Which Yield Curve “Inverts” First? US, Japan, Germany, or China? by Wolf Richter • Jul 20, 2018 • 77 Comments How the “Yield Curves” Stack Up in central-bank manipulated bond markets.
What’s Going on in Trucking and Rail? by Wolf Richter • Jul 19, 2018 • 54 Comments “Many modes are reporting limited capacity or no capacity at any price that shippers are willing to pay.”
“That’s a Super Dangerous Place to Be”: CEO of JPMorgan Asset Management by Wolf Richter • Jul 18, 2018 • 61 Comments When central banks distort the markets, risk disappears from view.
Under Fire, Biggest Brick & Mortar Retailers in Europe Seek Refuge in Cartel Economics by Don Quijones • Jul 18, 2018 • 23 Comments It’s a brutal environment.
Google Bitten by 2nd Antitrust Fine in the EU, $5 billion, Hugest Ever Anywhere. Third Waiting in the Wings by Wolf Richter • Jul 18, 2018 • 84 Comments Android is “a vehicle to cement the dominance of its search engine.”