BOJ’s Kuroda Threatens More Easing, Stocks Tank, Absurdity Reigns by Wolf Richter • Apr 5, 2016 • 31 Comments “Negative interest expense” or some such absurdity yet to be coined.
Bundesbank Fears “Doom Loop” by Wolf Richter • Mar 11, 2016 • 32 Comments But Draghi Still Doesn’t Get it.
NIRP Kills Off All Money Market Funds in Japan by Wolf Richter • Mar 9, 2016 • 16 Comments And the Bitter Irony?
It Begins: Palace Revolt against ECB’s NIRP by Wolf Richter • Mar 4, 2016 • 57 Comments If “punishment interest exceeds the pain threshold….”
ECB Unveils Ingenious Strategy to Reduce Banking Stress by Don Quijones • Feb 27, 2016 • 12 Comments Trying to prop up confidence by hook or crook.
Revolt against NIRP Breaks out, Bank of Japan “Baffled” by Wolf Richter • Feb 19, 2016 • 28 Comments Meanwhile, exports collapse at fastest rate since 2009.
Hounded by NIRP: Global Bear Market Progress Report by Wolf Richter • Feb 13, 2016 • 28 Comments Those Sinking Banks
Banking Crisis in Europe? Deutsche Bank’s CoCo Bonds Collapse by Wolf Richter • Feb 9, 2016 • 33 Comments Schäuble tries to soothe nerves, but the plunge gets worse.
Contagion Hits Japanese Banks, Nikkei Plunges, 10-Year Yield Negative for First Time Ever by Wolf Richter • Feb 9, 2016 • 22 Comments A banking crisis radiating out from Europe?
Negative-Interest-Rate Effect already Dead, Central Banks Lost Control over Stocks by Wolf Richter • Feb 5, 2016 • 24 Comments And there’s a bitter irony.
