The World’s Financial System Is Going Nuts by David Stockman • Apr 21, 2015 • 7 Comments Central banks have succeeded in generating a planet-wide mania.
F35, The Jet That Ate the Pentagon by Wolf Richter • Apr 21, 2015 • 10 Comments $1.5 trillion, but… “We don’t know where all the money is going” (brief bone-chilling video with cool footage of the thing flying, landing vertically, etc.).
Shanghai Containerized Freight Index Collapses: China-US Rates Hit Hard, China-Europe Rates Plunge to All-Time Low by Wolf Richter • Apr 20, 2015 • 6 Comments “Rates in many Asia export trades are in a tailspin.” And here’s why.
Who Is Saudi Arabia Really Targeting In Its Price War? by Art Berman • Apr 20, 2015 • 7 Comments Follow the money!
The Chilling Thing Blackstone Said about the Oil Bust by Wolf Richter • Apr 19, 2015 • 2 Comments Energy companies “biding their time in the hopes they don’t have to face the music.”
Strange Things Are Happening in European Bond Markets by Contributor • Apr 19, 2015 • 11 Comments I can’t even begin to think of all the unintended consequences this will bring about.
How to Beat the Bots on Wall Street by Contributor • Apr 18, 2015 • 7 Comments There is an existential crisis on Wall Street, especially in equities.
Former IMF President, Bank-Bailout-Fiasco President, and VP of Spain, Long Untouchable by the Law – Suddenly Gets Crushed by Don Quijones • Apr 18, 2015 • 10 Comments For Spain’s government, the timing could not be worse.
Money from Heaven, Path to Hell by Ryan Litfin • Apr 17, 2015 • 4 Comments What the Fed is going on?! Gains evaporate back into thin air from where they came.
How Wall Street Is Exporting Toxic Junk Loan Waste To Japan by Wolf Richter • Apr 17, 2015 • 13 Comments US junk goes in. Plump, yen-denominated, highly rated bonds come out.