“Sluggish westbound volumes have brought about the worst spot market rate collapse that this trade has experienced.”
Unsold new condos spike to all-time record. Industry in denial.
Get Used to Selloffs, Central Bankers Say as They Fret about the Terrifying Moment When Liquidity EvaporatesSubmitted by testosteronepit on 06/05/2015 15:06 -0400
“Volatility and repricing,” euphemism for losses, are the New Normal.
Sense of desperation among CEOs?
This sort of thing isn’t supposed to happen.
Boom-and-Bust City at its glorious best.
So on Monday? He refused to nail down a day. But Germany is ready.
Investors are getting crushed.
They’ve become sitting ducks, in a market that is "in extreme overvaluation."
Energy companies “biding their time in the hopes they don’t have to face the music.”
Wall Street turns junk-rated US corporate loans into highly rated yen-denominated bonds. Desperate Japanese pension funds gobble them up. Blame the Bank of Japan.
At the New York Fed’s evocatively named workshop, “Chapter 9 and Alternatives for Distressed Municipalities and States.”
And it’s dragging down the economy.
He must have accidently veered off script during the press conference.
Very unwelcome clarity on the Eurozone recovery, from investment bank Natixis.