I met a European trader in a bar this week, who brought up the possibility that at some point, the Bank of England might just rip up the UK government debt it has acquired through quantitative easing — just straight up throw it on the fire, and tell the...
At 4:30 PM today, the Fed will announce stress test results. Whats interesting is that they were supposed to come out on Thursday at 4:30 PM. Why the change of schedule? Well, basically, JPMorgan came out with its announcement of dividends and buybacks around 3:00 PM....