You Can’t Make the Fed Better Just by Hiring Different People
Via The Daily BellTrump’s Fed Can Start a Central Bank Revolution … President Donald Trump will select three members of the Federal Reserve board during his term in office, including a replacement...
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How We Got Here In One Sentence
Via John Rubino of DollarCollapse.com,In every annual budget debate since the 1980s, one side figures out that the way to get what it wants – which is higher spending – is to frame the request in a...
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Prominent Hedge Fund Trader Jumps To His Death In Manhattan
A prominent 47-year-old hedge fund trader was killed when he jumped from a luxury apartment building on Manhattan's Upper West Side, in an apparent suicide, authorities told the NY Post.Kevin Bell,...
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The Best And Worst Performing Assets In February And YTD
The month of February was a mixed to positive among a broad sample of assets. On the one hand the month saw those assets more sensitive to Trump’s proposed policies continue performing solidly despite...
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Deutsche Bank Stock Slides On Capital Boost Plans
After some strength in Europe overnight, Deutsche Bank shares are tumbling this morning after reports that the world's most systemically dangerous bank plans to review strategic options over coming...
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The Fed Is Preparing $1 Trillion In QE For The Next Recession: Deutsche
While in recent weeks there has been a material increase in Fed balance sheet normalization chatter, according to a new report from Deutsche Bank analysts, it may all be for nothing for one simple...
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Deutsche Bank Shares Re-Tumble On $10 Billion Capital Raise
Following unconfirmed sources earlier warning about a major capital raise for the world's most sysetmically dangerous bank, Bloomberg reports that Deutsche Bank AG is nearing a plan to boost capital by...
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Stocks Shrug Off Dismal Data, Hawkish Fed; 'Animal Spirits' Soar To Record High
Reflecting on the week - a week that saw 7 Fed speakers go full hawktard and drive rate hike odds at a pace never seen before, a week in which hard data tumbled to pre-election lows as 'soft' surveys...
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"Message Received": Wall Street Reacts To The Fed's Imminent Rate Hike
There were no surprises in Yellen's speech in Chicago on Friday in which the Fed chair confirmed the sudden and dramatic hawkish turn hinted at earlier in the week by Dudley and Williams, and which...
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The US Motorist Is Unwell: Miles Driven Suffer Biggest Slowdown In Over 2 Years
While the media continues to blast the occasional OPEC production-related headline, the reality is that crude supply is increasingly becoming a shale story, as the US, now tens of billions in debt...
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"What Has Kept The Rally Going": Some Thoughts From Deutsche Bank
The relentless, steady, monotonous levitation to all time highs keeps chugging along: while last week saw the S&P experience its first 1% intraday move in nearly two months, there has yet to be a...
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This Is The Only Chart Americans Should Be Worrying About Right Now
In 2015, President Obama and Republican congressional leaders agreed to suspend the federal debt ceiling until March 15, 2017. After that date – less then two weeks from now – the Treasury will surpass...
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Deutsche Bank To Raise $8.5 Billion In New Capital, Announces Major...
Confirming last week's report of an imminent share sale, on Sunday the biggest German lender announced it would raise €8 billion ($8.5 billion) in new capital through a rights offering sale of 687.5...
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S&P Futures, Global Stocks, Euro Dragged Lower By Deutsche, Geopolitics,...
European shares and S&P futures are modestly lower this morning, dragged down by fresh geopolitical concerns out of North Korea which last night fired 4 ballistic missiles, by renewed political...
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Why Deutsche Bank Is Sliding After Its Massive Equity Offering: Wall Street...
Despite its widely telegraphed $8.5 billion public offering with another $2 billion expected to be raised from asset sales, Germany's biggest lender is down sharply this morning as much as 6.9%...
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"Think About and Prepare For" Euro Catastrophe
"Think About and Prepare For" End Of Euro - TV3 Agenda InterviewDavid McWilliams interviewed Lara Marlowe and Cormac Lucey about the elections in France (April 23 and May 7) for TV3’s Agenda and the...
View ArticleFrontrunning: March 6
Geopolitics, Deutsche Bank drag global stocks lower (Reuters)Deutsche Bank Turnaround Plan Gets Mixed Reaction (BBG)Conservative Groups Jeopardize GOP Plan to Repeal Health Law (WSJ)Russian Hackers...
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Futures Decline, Europe Slumps After German Industrial Orders Collapse
After a turbulent overnight session on Monday morning, this morning traders settle at their desks to find a relatively calmer environment, with US equity futures down 0.2% to 2,371.75, while European...
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ECB Preview: Don't Expect Fireworks Yet
Unlike next week's Fed meeting, in which the market assigns a 100% probability that Janet Yellen will hike rates again by 25bps, there are far less fireworks expected out of the ECB statement this...
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'Dovish' Draghi Explains Why 'Good' European News Won't Stop Him - ECB Press...
Update: the all-important inflationary forecast has been raised modestly, as follows: 2017 from 1.3% to 1.7%, 2018 from 1.5% to 1.6%, 2019 kept unchanged at 1.7%. He also said the council will...
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