170 search results for "recession watch"

Why Are TBTF Banks So Happy With The EU Banking Union?

by Don Quijones •  • 2 Comments

According to the official story, the people of Europe will benefit enormously from the banking union; it imposes greater control and tighter regulation of the banks and saves taxpayers from having to bail them out. Or so it would seem.

“If This Ends Badly, How Will Such Reports Be Read In Hindsight. Mad?”

by Wolf Richter •  • Comments Off on “If This Ends Badly, How Will Such Reports Be Read In Hindsight. Mad?”

Stocks soaring worldwide for years despite disappointing growth or outright recessions has turned rational investors into financial mincemeat. So here’s BofA’s cynicism on that phenomenon.

‘It’s Like We Have Developed An Inability To Even See Risks’

by Wolf Richter •  • Comments Off on ‘It’s Like We Have Developed An Inability To Even See Risks’

My convo with a wealth manager at a megabank who’s been at it for 30 years, has seen three crashes while on the job, but unlike others in finance, hasn’t re-forgotten the lessons for the third time.

This Debt Is Explosive, And it Sits on the Shelf Everywhere, Waiting to go off

by Wolf Richter •  • Comments Off on This Debt Is Explosive, And it Sits on the Shelf Everywhere, Waiting to go off

I was interviewed by Jorge Nascimento Rodrigues for “Janela na web” (a Portuguese site) and the printed edition of Expresso. After what I said, he might never interview me again :-]

The Wrath of Abenomics: Sales Collapse, Inflation Soars

by Wolf Richter •  • Comments Off on The Wrath of Abenomics: Sales Collapse, Inflation Soars

Even the soothsayers and spin doctors expected a downdraft after Japan’s consumption tax was jacked up to 8% from 5%, effective April 1. But not this.

Argentina Fesses Up: Price of Milk Doesn’t Lie, But Politicians Do

by Contributor •  • Comments Off on Argentina Fesses Up: Price of Milk Doesn’t Lie, But Politicians Do

By Sam Pothecary, Argentina: It said the economy shrank for the first time since 2012. This is confusing to us who live here: Does that mean it had been growing for years of peso devaluations, soaring inflation, unemployment, strikes, rising poverty and crime?