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The U.S. stock market has been excessively volatile. Every day it’s a wild one. What’s impossible to determine is where the bottom is. Nobody knows. What we can determine is … Read more
Today with all the other wonderful financial news, DB shares went under $8. The merger with Citi has obviously fell apart. now the German government is scrambling to Merge DB … Read more
via telegraph.co.uk: The pillars of the global financial system are fundamentally unstable and could lead to a frightening chain-reaction in the next crisis, the world’s top watchdog has warned. Giant “central … Read more
The biggest-ever bet on Bitcoin options is about to expire worthless. Purchased for almost $1 million on LedgerX’s trading platform just days after Bitcoin peaked a year ago, the call options … Read more
via thestreet: Stocks quotes in this article: SHLD, DB, C, JPM, BAC, WFC * Large U.S. banks are rapidly gaining share in fixed income trading and retail and corporate lending Deutsche Bank’s shares hit another new low … Read more
The Bank of Canada is desperate. The housing market in Canada is the last avenue for keeping up a fraudulent economy. Real estate has been the only factor allowing Canadians … Read more
via zerohedge: Just when Deutsche Bank probably thought the worst of its legal troubles (over the Libor scandal, sales of shoddy mortgage-backed securities, FX and precious metal rigging which collective resulted … Read more
by Chris They are accounted for using a “net” position. Example: Imagine that DB has sold a credit default swap to party A, but then also bought a credit default … Read more
via DAVID P. GOLDMAN The cure for the last crisis always turns into the cause of the next one. The economies of southern Europe – Greece, Italy, Spain and Portugal – … Read more
March 29 is the deadline. Urgent action is needed. But it’s not happening. By Don Quijones, Spain, UK, & Mexico, editor at WOLF STREET. With less than six-and-a-half months to go before … Read more
via wallstreetonparade: Spasms in big Wall Street bank stocks have been happening on a serial basis over the past three years. (See here and here.) Yesterday offered another one of those bank warning signs … Read more
$37 trillion debt. 25 million population. What could possibly go wrong? Oh and g’day from Perth, Australia When we look at Australia, we tend to find that they are … Read more
by Thinker Tough times for the big banks are upon us. The summer of 2018 will be remembered for a long, long time as the Summer from Hell for the … Read more
Max Keiser & Stacy Herbert, Sputniknews, Released on 5/22/18 Click Here to Listen to the Interview ria.ru/aurora/flv/file.aspx?ID=6958280&type=mp3 As the Pope warns about the ‘unacceptable’ ethics of ‘gambling on the failure of others’ via credit default … Read more
Who will bail out Deutsche Bank? Derivatives are a funny subject because the average person doesn’t understand them. The average person in the financial industry doesn’t understand them. Only the … Read more
Do subprime loans continuously increasing give you cause for concern? Or is this time different? Watch out for the subprime disaster waiting to happen. You would think that banks learned … Read more