No Financing And No Demand: Chinese Refiners Run Into Trouble
International banks are suspending credit lines for some independent oil refiners worried about the growing risk of defaults across industries…
money
Will COVID-19 Lead To A Gold Standard?
Even before the coronavirus sprang upon an unprepared China the credit cycle was tipping the world into recession. The coronavirus makes…
Deutsche Bank, Donald Trump, And An Epic Trail Of Destruction
The Institutional Risk Analyst, we review the new book by David Enrich, “Dark Towers: Deutsche Bank, Donald Trump, and an Epic…
“Tankers, Tankers. Everywhere!” – Virus Causes Historic’ Traffic Jam’ Across Asian Supply Lines
Covid-19’s effect on global energy markets has been disastrous. OPEC slashed its oil demand forecast last week, and Goldman Sachs doubled down…
Will The Coronavirus Outbreak Cause A Massive Stock Market Crash?
Could it be possible that this coronavirus outbreak will be the trigger that finally bursts the biggest stock market bubble…
The Dilemma Facing China Is Truly Awful
As has been the case since Monday’s sell-off, there is an attempt to try to look on the bright side…
Coronavirus Triggers “Biggest Shock” To Oil Markets Since Lehman Crisis
Update: The Telegraph’s Ambrose Evans-Pritchard warned that the collapse in Chinese oil consumption is “the biggest shock to oil markets since the Lehman…
China Bloodbath: Stocks Crash; Oil, Iron Limit Down Despite Emergency PBOC Intervention, Rate Cuts
previewed on Friday and again earlier today when we noted the latest trades in China’s A50 futures… Read moreWells Fargo is the…
Coronavirus And The “Unsinkable” Titanic Analogy
Unthinkable doesn’t mean unsinkable. Read moreBlain: “Central Banks Are No Longer A Solution – They Have Become The Risk”As we…
Fed Policy And The Wuhan Coronavirus
When all you have is a hammer, everything looks like a nail. Abe Maslow, the same fellow who developed the “hierarchy…