Fed is Raising Rates for the Opposite Reasons They Claim by Larry Kummer • Dec 17, 2015 • 24 Comments Look at the Fed’s dashed hopes!
“Perverse, Unpredictable Effects” of Negative Interest Rates: Mortgage Rates Soar in Switzerland by Wolf Richter • Dec 16, 2015 • 13 Comments The unintended consequences of NIRP.
Spain’s Biggest Bankruptcy Ever Hits Banks, Mexico, Brazil, Descends into Bitter Farce by Don Quijones • Dec 15, 2015 • 12 Comments “The big surprise was that negative profits were converted into positives.”
Freight Shipments Hammered by Inventory Glut, Weak Demand by Wolf Richter • Dec 15, 2015 • 19 Comments The goods-based economy swoons.
Why’s the Fed Talking up the (Lousy) Economy Just Now? by Larry Kummer • Dec 15, 2015 • 22 Comments They desperately want to raise rates, but….
Retail Sales in Texas Plunge by Wolf Richter • Dec 14, 2015 • 14 Comments Oil Bust Contagion Spreads.
European Dream Turns into Dystopian Nightmare by Don Quijones • Dec 14, 2015 • 17 Comments Why We Brits Should Vote for Brexit.
How Junk-Bond Contagion Hits Stocks by Wolf Richter • Dec 13, 2015 • 7 Comments “It’s contained – until suddenly it isn’t.”
Dealing With The New Oil Price Reality by Dan Dicker • Dec 13, 2015 • 26 Comments Buckle in. It’s going to be a very long haul.
Bank of Canada Crushes Loonie, Created Mother of All Shorts by Wolf Richter • Dec 12, 2015 • 52 Comments All-out currency war. Clear winners: rich Chinese who buy homes in Canada.
