Trade Wars

Are Central Banks Losing Control?

Eight years after the crisis of 2008-09, central banks are still injecting $200 billion a month into the global financial system to keep it from imploding.

Trader Warns "US Markets Are Playing Global Pied Piper"

Markets have started this week feeling much relieved, notes Bloomberg's Richard Breslow, as the understandable fears that U.S.-Asia strategy might continue their lurch toward direct economic confrontation were given a respite. However, as Breslow notes, asset classes galore are at important levels and vigilance will pay a hefty premium.

China Bonds, Stocks, Commodities Extend Gains As Yuan Tumbles To One-Month Lows After Renewed Liquidity Injection

As China got back to work after Golden Week, it appeared a renewed exuberance appeared in every orifice of liquidity provision (even as PBOC sucked up excess for 6 straight days). Stocks are up, bonds are up, and commodities are soaring (all as Yuan tumbles) and tonight authorities unleashed 100bn reverse-repo (for the first time in 7 days) as leverage seems nothing to worry about again yields drop and asset prices rise.

"When Trade Stops, War Starts" Jack Ma Warns As China Protests US Sanctions On Iran

Having recently accused the US of 'wasting $14 trillion on war instead of its people', China's second richest man, Jack Ma, continued to voice his concerns to President Trump on a recent trip to Australia, warning retreat from globalization will only result in trouble. This followed China "lodging representations" with the United States over Washington's new sanctions list targeting Iran, which includes Chinese companies and individuals.

EconMatters's picture

I Am Long Stupidity

Just look at all the government and private debt accumulated on balance sheets around the globe for the last decade, and tell me with a straight face a) this is sustainable, and b) doesn`t have severe consequences.