Big money is gushing in all directions.
In one chart.
‘Punishment Interest,’ as Germans call it with Teutonic precision, becomes pandemic.
That’s the new thinking about the markets in a crummy global economy where everything is overvalued.
His impeccable sense of timing appears to have kicked in.
An utterly frustrated banking reporter unloads about banks getting away with it (pungent 2 min. video).
The bloodletting will go on until the money dries up.