We wade into choppy waters here. But, we couldn’t help ourselves…
Karl Whelan, expert on all matters Target2 and arch nemesis of Hans-Werner Sinn, has encapsulated his views on Target2 a.k.a “why Hans-Werner Sinn is so very wrong about everything” in a 37-page powerpoint presentation on Wednesday. Read more

1Bernanke weighs in on robot wars; brings Keynes for backup
2About China's capacity to absorb more capital
3Secret liquidity and Scottish independence
4Spain's awful unemployment
5Pump up, debase
Show more6S&P 2,100, by Goldman Sachs
7Everlasting credit, the long view
8Buyback to enrich
9Apple Operations International, facts (?) du jour
10Collateral crunch-counting gets sophisticated
Show fewer