Credit Suisse 5Y CDS exploded higher to 766bps, pricing in a probability of default of 47%, stock plunges 30%. The Saudis have said they won’t invest. Credit Suisse failure would be 5x SVB

CS is about to not be fine Credit Suisse’s top shareholder rules out providing more financial assistance to the struggling Swiss bank, citing regulatory issues https://t.co/sqjJiRF6mF — Bloomberg (@business) March 15, 2023 Its’ Over For The Swiss Giant! You can’t …

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Reuters: “China to liberalise coal-fired power pricing to tackle energy crisis”

China to liberalise coal-fired power pricing to tackle energy crisis https://t.co/ccFWTm4Gl1 pic.twitter.com/mSdfNqIEci — Reuters (@Reuters) October 12, 2021 https://twitter.com/disclosetv/status/1446482775872348163 https://www.foxbusiness.com/markets/100-oil-crude-granholm-energy-white-house View post on imgur.com https://twitter.com/disclosetv/status/1445670727974146049 Is Europe’s Energy Crisis a Preview of America’s? Europe has itself to blame for shortages …

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Dynamic Pricing

by Dave ack in 2000, Amazon experimented with an embryonic “dynamic pricing” project that charged people different amounts for a DVD, based on who knows what – zipcode, shopping habits, etc.  Consumers spotted this, got annoyed, and so Amazon backed …

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Real earnings, Saudi output and pricing

by WARREN MOSLER Real Earnings News Release All employees Real average hourly earnings for all employees were unchanged from January to February, seasonally adjusted, the U.S. Bureau of Labor Statistics reported today. This result stems from a 0.1-percent increase in average …

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