THE WOLF STREET REPORT: What’s Behind the Fed’s Bailout of the Repo Market? by Wolf Richter • Nov 3, 2019 • 104 Comments Whose Bets are Getting Bailed Out by the Fed’s Repos & Treasury Bill Purchases?
“Run on the Fund”: The Big Risk of Bond Mutual Funds. What to Look For and What to Do by Wolf Richter • Oct 28, 2019 • 60 Comments “First-Mover Advantage” in a “Liquidity Mismatch”: How slow-poke investors in conservative-sounding mutual funds can get their faces ripped off.
Redemptions Rip Through UK Equity Funds as Fallout from Woodford Collapse Grows by Nick Corbishley • Oct 28, 2019 • 23 Comments In funds with a liquidity mismatch, the First-Mover Advantage is huge, as Woodford’s investors found out.
“It’s Different This Time” Takes Root in the Junk-Bond Market Amid Parallels to Post-Lehman 2008 by Wolf Richter • Oct 23, 2019 • 88 Comments And so far, so good.
Braindead or Willfully Manipulative? How the Media Reported Retail Sales by Wolf Richter • Oct 16, 2019 • 72 Comments Like a centrally directed disinformation campaign. Here’s what happened.
Why Banks Didn’t Lend to the Repo Market When Rates Blew Out: JPMorgan CEO Dimon by Wolf Richter • Oct 15, 2019 • 89 Comments “Does that mean that we have bad markets?”
JPMorgan, BofA, Citi, Barclays, Deutsche Bank, BBVA, Santander Accused of Rigging Government Bond Auctions in Mexico. Bank of Mexico Implicated by Nick Corbishley • Oct 15, 2019 • 24 Comments Collusion and “absolute monopoly practices.”
How the Crybabies on Wall Street Try to Force the Fed into QE-4 by Wolf Richter • Oct 10, 2019 • 70 Comments The repo blow-out — whoever instigated it — comes in real handy.
How the SoftBank Scheme Rips Open the Startup Bubble by Wolf Richter • Oct 9, 2019 • 40 Comments This scheme worked wonders for a while but has now run into trouble, and a lot is at stake.
When Was Peak-Insanity of the Unicorn-Startup Bubble That’s Now Imploding? by Wolf Richter • Oct 8, 2019 • 99 Comments WeWork was just late to the defenestration party.