Home » Posts tagged 'bloomberg' (Page 9)
Tag Archives: bloomberg
Corporate Credit – A Chasm Between Risk Perceptions and Actual Risk
Corporate Credit – A Chasm Between Risk Perceptions and Actual Risk Shifts in Credit-Land: Repatriation Hurts Small Corporate Borrowers A recent Bloomberg article informs us that US companies with large cash hoards (such as AAPL and ORCL) were sizable players in corporate debt markets, supplying plenty of funds to borrowers in need of US dollars. […]
Is China Losing Control? Yuan More Volatile Than Euro For First Time Ever
Is China Losing Control? Yuan More Volatile Than Euro For First Time Ever For the first time, FX traders are grappling with wilder swings from China than Europe. As Bloomberg notes, the offshore yuan has been more volatile than the euro all month after first overtaking the shared currency in July, according to 30-day realized data. And while euro […]
The Global Heatwave Is About to Hit Your Wallet
A combine harvester cuts a field of rapeseed in the U.K. Major crops are expected to be smaller due to dry conditions. Photographer: Bloomberg Creative Photos/Bloomberg The Global Heatwave Is About to Hit Your Wallet Scorching weather across the globe makes fields too dry for crops, rivers too warm to cool power plants, and leaves wind turbines […]
Trump’s Trade War May Spark a Chinese Debt Crisis
Trump’s Trade War May Spark a Chinese Debt Crisis (Bloomberg Opinion) — There’s no chance China will cut its trade surplus with the U.S. in response to President Donald Trump’s tariff threats. For starters, Washington has made no specific demand to which Beijing can respond. But its efforts may have an unexpected side effect: a debt crisis […]
Trump’s Ultimate Move To Lower Gasoline Prices
Trump’s Ultimate Move To Lower Gasoline Prices President Trump is reportedly considering tapping the strategic petroleum reserve to lower gasoline prices in an effort to neuter a political threat ahead of key midterm elections in November. Sources told Bloomberg that options are under consideration by the Trump administration, ranging from a minor 5-million-barrel test sale, […]
Turkish Lira Tumbles To Record Low As “Ticking Time Bomb” Looms In Banking System
Turkish Lira Tumbles To Record Low As “Ticking Time Bomb” Looms In Banking System Having exercised his newly-omnipotent capabilities to alter central bank decrees and appointing a puppet cabinet, Turkish President Erdogan is now urging the general public to borrow in the currency in which they are paid, but, as Bloomberg reports, that warning came […]
“Truly Awful Numbers”: Lira Tumbles After Turkish Inflation Explodes Most In 15 Years
“Truly Awful Numbers”: Lira Tumbles After Turkish Inflation Explodes Most In 15 Years Having stabilized modestly after its mid-June rout, which sent the Turkish Lira to a record low of 4.74 – on the re-election of president Erdogan of all things – overnight the TRY tumbled as much as 1.4% to 4.6813 after Turkey reported […]
Oil Investment In Canada To Drop Despite Rallying Prices
Oil Investment In Canada To Drop Despite Rallying Prices Canada has the world’s third-largest crude oil reserves, but the country seems determined to pretty literally keep these in the ground. This determination becomes strikingly obvious when Canada is compared with its southern neighbor, which is just what Bloomberg’s Robert Tuttle and Kevin Orland did in […]
Solar Storms Present Danger Of BLACKOUTS For Major East Coast Cities
Solar Storms Present Danger Of BLACKOUTS For Major East Coast Cities The largest solar storm in recent history struck in 1859 and the auroras could be seen across the globe. But a solar storm of that magnitude today would cause devastating blackouts in major cities on the East Coast of the United States. An upcoming report […]
We Have A Deal: OPEC Agrees In Principle To A “Real” Production Increase Of 600,000 Barrels/Day
We Have A Deal: OPEC Agrees In Principle To A “Real” Production Increase Of 600,000 Barrels/Day What was expected to be a drawn-out affair, with Iran potentially resisting and even leading to the collapse of the cartel, moments ago OPEC reached a deal in principle to raise oil production by 1 million b/d on paper, […]
White House Accuses China Of “Persistent Economic Espionage And Aggression”
White House Accuses China Of “Persistent Economic Espionage And Aggression” In what Bloomberg billed as the White House’s “latest salvo in the trade war between the world’s two largest economies”, the Trump administration released a 35-page report late last night fleshing out its national security concerns emanating from China’s theft of intellectual properties as well […]
Breslow: “If You Ever Needed Proof That Central Banks Have Crushed These Markets, There You Have It”
Breslow: “If You Ever Needed Proof That Central Banks Have Crushed These Markets, There You Have It” It’s been a while since we featured the grouchy version of Richard Breslow, Bloomberg’s “Trader’s Notes” author, who is back with a bang with his latest missive, explaining why “Ignoring Current Events Just Makes You a Slave” and […]
“The World Is On Fire”: Merkel Warns Of Unprecedented Disasgreement At G7 Summit
“The World Is On Fire”: Merkel Warns Of Unprecedented Disasgreement At G7 Summit Following last weekend’s G-7 meeting for the world’s most important finance ministers and central bankers in Whistler, Canada, at which the US was introduced as a “+1” to the G-6, and whose positioned was “condemned” by the rest of the Developed World, […]
DNA Website MyHeritage Hacked; 92 Million User Accounts Exposed
DNA Website MyHeritage Hacked; 92 Million User Accounts Exposed In an odd coincidence, earlier today we asked rhetorically “what could go wrong” if millions of Americans trust a DNA collecting company – in this case ancestry.com – with their genetic code. At almost the exact same time, Bloomberg reported that the Israeli-based consumer genealogy website, […]
