
Signs Of The Times
“Fresh loans in China’s banking system evaporated to almost nothing from $160 bn in January.”
– The Telegraph, March 10
“Commodities and equities slide amid broad risk aversion.”
– Financial Times, March 11
“Italy’s biggest bank posted a $21 bn fourth quarter loss as it set aside money for bad loans and wrote down goodwill from past acquisitions.”
– Bloomberg, March 11
“China is studying the default risk to companies that use iron ore as collateral.”
– Bloomberg, March 13
“A Whole New Inflationary Threat Is On The Horizon”
– Business Insider, March 10
“But if the Fed can pull it [QE] off, it will go down as one of the greatest discoveries of our time.”
– Business Insider, March 12
….read all Bob’s take on the Stock Market, Currencies & commodites HERE