Baltic Exchange Dry Index continuing to tank … now 38% off its recent peak… Taper has de facto started…. Dollar funding stress for emerging markets at 13-month high

Baltic Exchange Dry Index continuing to tank … now 38% off its recent peak pic.twitter.com/Q1HwUKlo3g — Liz Ann Sonders (@LizAnnSonders) November 2, 2021 Ahead of the #Fed on Wednesday, latest weekly evidence shows #taper has de facto started. Flows into …

READ MORE

China property developer Evergrande’s EV unit alerts Hong Kong exchange of its “serious shortage of funds”… JPM is going negative on the Chinese property sector.

#China #property developer #Evergrande’s EV unit alerts Hong Kong exchange of its “serious shortage of funds”. Says it has suspended paying some of its operating expenses, some suppliers have suspended supplying for projects. pic.twitter.com/2eMct9aa2k — Eunice Yoon (@onlyyoontv) September 24, …

READ MORE

On-going Canadian Crypto Exchange scandal — #1 Canadian exchange QuadrigaCX shuts down amid sole director’s sudden “death” in India, losing $150-250m in funds — lots of twists and turns, things aren’t adding up.

by RDS QuadrigaCX was the #1 canadian crypto exchange, had over 100,000 active accounts and has lost approx $150-$250M dollars of creditor’s funds (~$70M fiat and $150M crypto). For more information, see here: https://www.coindesk.com/quadriga-creditor-protection-filing CBC coverage: https://www.youtube.com/watch?v=2RO9-DcCP0c&feature=youtu.be (thousands of clients is …

READ MORE

Exchange-Traded Bond Funds And Bond Mutual Funds Pack Special Risks & Surprises In A Downturn That Can Entail A Catastrophic Loss For Investors

Wolf Richter wolfstreet.com, www.amazon.com/author/wolfrichter Exchange-traded bond funds and bond mutual funds are big business. They’re a lot easier for retail investors to buy and sell than the actual bonds, particularly bond ETFs, which trade on stock markets just like stocks …

READ MORE