Credit Writedowns
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Monetary System
Chart of the day: Does this violate key principles of money creation?
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Europe’s banks must be recapitalized
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FDIC: US banks reported a record $40.3 billion in accounting gains in Q1 2013
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How QE works and what this means for asset prices and credit
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Moody’s: U.S. banking system outlook changed to stable as economy improves
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Excess German savings, not thrift, caused the European crisis
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Portugal’s Japanese Problem
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Japan: Some quick thoughts on Abenomics
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Some thoughts on negative deposit rates at the ECB
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How bond market vigilantes force rates higher
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