So sleep tight and be up bright and early tomorrow – for the Least Important Jobs Report of All Time!
Tops are a process, Bottoms are an event and Middles are a motherfucker.
China is in awful shape right now. How did we get here?
This could then be followed by panic with banks closing their doors for “bank holidays” to halt the runs. The European Central Bank would likely have to inject massive amounts of capital to keep the banks from collapsing.
The encounter with Polkinghorne was brief and tense, Hunt says. The number of loans classified as defective would have to fall, he told them, or it would be “your asses on the line.”
Your morning financial links, expertly curated.
I had to learn this stuff the hard way…