Whenever financial disaster strikes, it is tempting to try to identify the moment when it became inevitable. In the case of MF Global, was it…
John Hussman’s latest weekly note contains his usual bearishness, and arguments that the stock market is overvalued.
But credit to him for titling the note ‘Release The Kraken’, the line from the movie Clash of Titans, which has also spawned an inte…
Financial TimesEuropean Government Bonds Tread Water Ahead Of Supply, ElectionsWall Street JournalLONDON (Dow Jones)–Euro-zone government bond markets trod water Monday, as a lack of any policy speeches, supply or market-moving data kept trading volum…
November 18, 2011
Europe Fears a Credit Squeeze as Investors Sell Bond Holdings
By NELSON D. SCHWARTZ and ERIC DASH
Nervous investors around the globe are accelerating their exit from the debt of European governments and banks, increasing the r…
