Sunday, August 3, 2025

Wolf Richter: Deutsche Bank CoCo Bonds Plunge, Shares Hit Record Low, after US Entity Makes FDIC’s “Problem Bank List”

Double whammy regularity revelations wallop Deutsche bonds and shares, raising the old question: When will she buckle?

Republican Mayors Push Climate Action Without Saying ‘Climate Change’

Some Republican officials are more active on the climate front than party rhetoric would have you believe.

Did Italy’s 5 Star-Lega Coalition Blink in Its First Standoff With Eurocrats and Banksters?

Taking stock of the opening moves in the confrontation between Italy’s upstarts and the European establishment.

NYC Area Residents: Be Sure to Come to Our Meetup with Lambert This Saturday, June 2

Be sure to catch our New York meetup this Saturday, June 2.

Delta Is Nice to Your Humble Blogger (Plus Seeking Tech Help)

Delta cuts your humble blogger a break.

2:00PM Water Cooler 5/31/2018

Today’s Water Cooler: Steel and aluminum tariffs, Sanders 2020, impeachment, 2006 v 2018, polling, personal income, pending home sales, Wells Fargo, Uber, Tesla, Medicare, Medicaid, Flint, depression

Unsafe At Any Speed Redux, Self-Driving Cars, and Legal Liability

Senators seek information on testing protocols for self-driving cars; mandatory arbitration for further lawsuits involving such vehicles looms as a threat.

Links 5/31/18

Meet the Economist Behind the One Percent’s Stealth Takeover of America

Nobel laureate James Buchanan is the intellectual lynchpin of the Koch-funded attack on democratic institutions, argues Duke historian Nancy MacLean.

Brexit Becoming More Unpopular as Yet More Warts, Like VAT Administration, Come Into Focus

The latest Brexit updates aren’t very cheery.

How Puerto Rico’s Death Toll Was Ignored, and Could Have Been Avoided

Why the death toll in Puerto Rico in the wake of Hurricane Maria was so disgracefully high.

2:00PM Water Cooler 5/30/2018

Today’s Water Cooler: China trade, Sanders 2020, midterms, Cuomo v Nixon, Indivisible, North Dakota populists, GDP, ADP employment, Best Buy, Maersk, UPS, Amazon, government and gig economy

Worksheet for the 2018 Midterms (More of “The Wave”, but Only Ripples?)

Wave? What wave?

Links 5/30/18

NIRP’s Revenge: Italian Bonds Plunge, Worst Day in Decades

Markets wail and gnash their teeth as normalization of Italian yields sets in.