Germany, France Call for Fiscal and Political Union. Public Ignorance Vital for Success of EU Power Grab by Don Quijones • Jun 6, 2015 • 10 Comments The “critical flaws in the architecture of the monetary union” are about to get fixed.
China Containerized Freight Index Collapses by Wolf Richter • Jun 5, 2015 • 25 Comments An ugly reflection of reality.
Get Used to Selloffs, Central Bankers Say as They Fret about the Terrifying Moment When Liquidity Evaporates by Wolf Richter • Jun 5, 2015 • 8 Comments “Volatility and repricing,” euphemism for losses, are the New Normal.
The Dumbest Man in China by Wolf Richter • Jun 4, 2015 • 11 Comments The countdown is on for the crash of Chinese stocks.
You’re (Probably) a Federal Criminal by Bill Bonner • Jun 4, 2015 • 14 Comments “Crony Hung in Own Noose” is the headline we’d put on the story. Trouble is the noose is tightening on us all.
Canadian Mortgage Insurer Tells US Hedge Funds Why Canada’s Housing Bubble Is Immortal. Hilarity Ensues by Wolf Richter • Jun 4, 2015 • 14 Comments Millennials, immigrants are “plankton” in the “food chain” for “big wales and sharks.”
Asian Financial Sector Hit Hard By Low Oil Prices by Oilprice.com • Jun 3, 2015 • Comments Off on Asian Financial Sector Hit Hard By Low Oil Prices Bankers are worried, and energy deals are dying.
ECB Loses Its Grip, Bond Market Comes Unglued by Wolf Richter • Jun 3, 2015 • 12 Comments But who knew what and when?
Startup Bubble Too Big For Exit, Investors in La-La Land by Wolf Richter • Jun 2, 2015 • 14 Comments IPOs would overwhelm the stock market. Last time this happened: 2000.
Last Two Times This Happened, Stocks Crashed by Wolf Richter • Jun 2, 2015 • 9 Comments Sense of desperation among CEOs?