4th June 2015 archive

Greece Unable To Make €300 Million IMF Payment, Requests “Bundling”

With Greece and creditors unable to come to a compromise on a deal over the past several days, we’ve said repeatedly that despite claims to the contrary by Greek economy minister George Stathakis, Greece will not make Friday’s €300 million payment to the IMF and will instead request to have the payments bundled so as …

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Today’s News June 4, 2015

China Is Crashing (Again) It appears – as opposed to what the world’s asset-gathering commission-takers would have one believe – that huge illiquid spikes in bond markets are not good for stocks. As the bond carnage continues to careen throughout Asia, Chinese stock investors appear to have decided enough is enough at doubling their money …

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