The Blue Dollar Is Up and So Is Corrupt Arbitrage by Bianca Fernet • Sep 23, 2015 • 4 Comments Who Exactly Exploits Argentine Peso’s Plunge?
The US Bond Market is far Larger than the Stock Market: If Even Part of it Blows, it’ll Dig a Magnificent Crater by Wolf Richter • Sep 22, 2015 • 18 Comments And Bond Investors Are Getting Nervous.
Uruguay Does Unthinkable, Rejects Global Corporatocracy by Don Quijones • Sep 22, 2015 • 25 Comments The historic decision has been met by a wall of media silence.
Is Volkswagen the Only One? by Wolf Richter • Sep 21, 2015 • 49 Comments It took seven years to detect that secret algo expertly designed to break US law and deceive consumers.
Fed’s Bullard Fires Broadside at Fed, Shrapnel Hits his Foot by Wolf Richter • Sep 20, 2015 • 48 Comments Fed Has No “Satisfactory Answer” Why Still “Stuck in Emergency Mode”
Spanish Banks Warn of Financial Meltdown if Catalonia Votes for Independence by Don Quijones • Sep 20, 2015 • 18 Comments But bluffs can backfire.
FBI Ramps Up Biometrics Programs to Catalogue Information on Everyone in America by Electronic Frontier Foundation • Sep 19, 2015 • 20 Comments The FBI seems to think we should all be OK with this.
German Stocks Crush Dream of Central-Bank Omnipotence by Wolf Richter • Sep 18, 2015 • 13 Comments American investors are on the hook.
Bankers Threaten Fed with Layoffs if it Doesn’t Raise Rates by Wolf Richter • Sep 17, 2015 • 35 Comments And bank shares got crushed.
A Spinoff Goes to Heck, after Just 10 Months by Wolf Richter • Sep 17, 2015 • 15 Comments Wall Street engineering at its best. Investors now get their hands burned off.