Spain’s Banks are Suddenly “Too Broke To Fine” by Don Quijones • Jul 13, 2016 • 19 Comments Consumer rights v. broke banks: guess who just lost.
The “Mass Psychosis” in Bonds Takes a New Twist by Wolf Richter • Jul 13, 2016 • 59 Comments We just had a propitious day in our negative-yield pandemic.
Race to Displace “City of London” Turns into Feeding Frenzy by Don Quijones • Jul 13, 2016 • 43 Comments Global banks in search of a “New London” after Brexit.
Great American Oil Bust Rages on; Defaults, Bankruptcies Soar by Wolf Richter • Jul 12, 2016 • 30 Comments How much worse is 2016 than 2015?
Why this Won’t Work out: Rampant Rent Inflation Collides with Stagnant Incomes by Wolf Richter • Jul 12, 2016 • 64 Comments Unlike stocks, a housing bubble can only go so far.
Congress: “Too Big to Jail: Inside the Obama Justice Department’s Decision Not to Hold Wall Street Accountable” by Wolf Richter • Jul 11, 2016 • 50 Comments A galling read by the US House of Representatives on its 3-year investigation.
Global Investment to Plunge, Trade to Languish, on “Depressed” Demand: G-20 Trade Ministers by Wolf Richter • Jul 11, 2016 • 23 Comments What China said the G-20 projected at the Shanghai meeting.
Who’s Most Afraid of Contagion from Italy’s Bank Meltdown? by Don Quijones • Jul 10, 2016 • 40 Comments French and German banks.
Keep an Eye on the Dollar: It’s More Important than Ever by Oilprice.com • Jul 9, 2016 • 26 Comments Global demand is the main concern right now.
Fear, Loathing & Record Money-Making in Government Bonds by Wolf Richter • Jul 9, 2016 • 51 Comments Here’s the gloomy scenario the “smart money” is betting on.
