Toxic Debt Still Plagues Spanish Banks (and Taxpayers Will End Up Paying for It) by Don Quijones • Mar 11, 2018 • 18 Comments Years after Crisis Was “Solved.”
Old Fields Die Hard by Oilprice.com • Mar 10, 2018 • 11 Comments Oil is setting up for a turbulent year.
QE Unwind Is Too Slow, Says Fed Governor, Thus Launching First Trial Balloon by Wolf Richter • Mar 9, 2018 • 65 Comments “The very slow pace may still be contributing to a buildup of various financial imbalances.”
The Mysterious Chinese Company that’s Trying to Buy a $9 Billion Stake in Rosneft? by Oilprice.com • Mar 9, 2018 • 15 Comments The Chinese government has taken over its management, and its CEO is under investigation.
It’s Over for Toys ‘R’ Us: Liquidation Next by Wolf Richter • Mar 8, 2018 • 74 Comments Despite earlier denials.
Cash Refuses to Die, But the €500-Note Is a Goner by Don Quijones • Mar 8, 2018 • 46 Comments War-on-Cash Backlash.
Corporate Bond Market Gets Ready for Big Reset by Wolf Richter • Mar 7, 2018 • 29 Comments Investors are still blowing off the Fed. But not much longer.
Oops, Extra-Gloomy Numbers on the US Trade Deficit in Goods & Services for January by Wolf Richter • Mar 7, 2018 • 85 Comments A sharp deterioration that started in Aug. 2017.
European Court of Justice Deals Heavy Blow to “Corporate Sovereignty Clause” by Don Quijones • Mar 7, 2018 • 17 Comments Beginning of the end for “Investor-State Dispute Settlement” clauses that have become toxic to democracies?
Dow Futures Drop 420 Points, as Cohn Plans to Resign, Igniting Trade-War Fears by Wolf Richter • Mar 6, 2018 • 138 Comments The markets’ man in the White House is on the way out.