“Is There A Problem We’re Not Seeing?” – China’s Banking System Reaches “Tipping Point”

“The market is nervous about the impact. Everyone is wondering, ‘could there be a problem we’re not seeing?’, or ‘will there be some punishment that forces an institution to dump assets? Then banks get cautious and stop offering loans.”

Read More

One Bank Warns: The “Dark Side” Has Reappeared Just As “The Force” Looks Weak

“The dark side – protectionism – reappeared at the G20, just when the force – hope of a bold US fiscal plan – is looking weaker. This has hurt risk sentiment a bit, helping bonds find their feet. We see that as temporary profit taking on crowded trades, rather than a fullblown reversal.”

Read More