Frontrunning: June 4
China stocks fall, led by ChiNext, on margin tightening; Hong Kong down too (Reuters)Bond market sell-off rumbles on, stocks feel the pinch (Reuters)Bond Rout Wipes Out 2015 Gains as Traders Stay Glued...
View ArticleTsipras Sticks To "Red Line" Rhetoric Cornered By Party Radicals
Wednesday evening’s “high level” meeting between between Greek PM Alexis Tsipras, Jean-Claude Juncker and Jeroem Dijsselbloem came and went with little more than a promise to keep talking, in what has...
View ArticleF.T.W.S.I.J.D.G.I.G.T.
Submitted by Mark St.Cyr,(For Those Who Say I Just Don't Get It... Get This!)For those who’ve been with me for a while you know the FTWSIJDGIGT section came into being when things I was being...
View ArticleWhat Wall Street Expects From Today's Payrolls Number, And Why It May Be...
The most important not yet double seasonally-adjusted economic datapoint is upon us: in 90 minutes the BLS will report the May payrolls number which consensus expects to rise by 225K, (range of 140K to...
View ArticleDoJ To Tax Wall Street (Again) In MBS Probe
Fresh off a farcical ‘crack down’ on “bad actor” banks that colluded to rig the $5 trillion-a-day FX market, the DoJ is launching another faux crusade against Wall Street. As a reminder, the Justice...
View ArticleSEC Reads Zero Hedge, Launches Crack Down On Activist Hedge Fund "Idea Dinners"
In the summer of 2014, the biggest activist hedge fund story on anyone's lips was whether Bill Ackman had broken securities laws when he had accumulated a massive $3 bilion stake, or roughly 9.7% of...
View ArticleDeutsche Bank Co-CEOs To Resign Amid Shareholder Frustration
Back in May, Deutsche Bank’s co-CEOs Anshu Jain and Jürgen Fitschen got a rude awakening. At the bank’s annual meeting, less than two-thirds of shareholders said they approved of top management’s...
View ArticleGermany Enters Correction; EMs In Longest Losing Streak Since 1990 Routed By...
While there were key macroeconomic data out of Asia earlier in the session, with Japan revising its Q1 GDP up from 2.4% to 3.9% (due to an upward revision to capex) making some wonder if it simply...
View ArticleFrontrunning: June 8
White House denies Obama said strong dollar a problem (Reuters)Lira Falls to Record Amid Stock Rout as AK Party Loses Majority (BBG)Bond-Market Game of Chicken With Fed Is Riskier Than Ever (BBG)Xetra...
View ArticleDeutsche Bank CEOs “Shown Door” – World’s Largest Holder of Derivatives In...
Deutsche Bank CEOs “Shown Door” – World’s Largest Holder of Derivatives In Trouble?- Deutsche co-CEOs announce “resignation” nine months before their contracts expire- Only two weeks ago, CEO Anshu...
View ArticleDeutsche Bank Offices Raided By Authorities
Just two days after Deutsche Bank co-CEOs Anshu Jain and Jürgen Fitschen announced their resignations, the bank's offices in Germany, France, and the UK have been searched by authorities. DEUTSCHE BANK...
View ArticleEuropean Stocks Suffer Longest Losing Stretch In 2015; US Futures Down
After a quiet Asian session, where not even the latest Chinese CPI miss was enough to push the SHCOMP to new multi-year highs, all eyes were on Europe where a few hours ago the European Commission...
View Article"That’s An Interesting Conspiracy Theory"
One of the reasons we don't mind (and often enjoy) being labeled "conspiracy theorists" is that as consistently happens, the theory becomes fact, usually with a delay of anywhere between 6 months and 6...
View ArticleFrontrunning: June 10
Pressing for Greek concessions, Merkel and Hollande keep Tsipras waiting (Reuters)Treasuries Extend Slump as Pimco Dumps Two-Thirds of Holdings (BBG)U.S. prepares plans for more troops, new base in...
View ArticleMeet The Participants Of This Year's Bilderberg Conference
Here are the participants in the Bilderberg meeting over the weekend in Tirol. It is named after a Hotel Chain where the first meeting took place on May 29-31, 1954 in Austria. As the G7 summit of the...
View ArticleDeutsche Bank Head Of Asia-Pac Equities Loses Control Of His $580,000...
As recently as several months ago, the financial press was surprised when a wave of Deutsche Bank employees, particularly those in the bank's legal department (such as here and here), decided to take...
View ArticleThe Question Is Not Is Deutsche Bank the Next Lehman, It's "Is Lehman the...
So,Tyler just ran an interesting piece titled "Is Deutsche Bank The Next Lehman?" There is one correction that needs to be made where Tyler says "Probably the first public indication that things were...
View ArticleThe One Bank, Revisited
Sprott Money first to announce state-of-the-art fully private (NON BANK) Cayman asset storage --> http://www.321gold.com/info/053015_sprott.html Click For Orginal - The One Bank,...
View ArticleIs Deutsche Bank The Next Lehman?
Submitted by NotQuant.comLooking back at the Lehman Brothers collapse of 2008, it’s amazing how quickly it all happened. In hindsight there were a few early-warning signs, but the true scale of the...
View ArticleHow One Accounting Rule Wrecked The Middle Class
Submitted by Daniel Drew of Dark Bid How One Accounting Rule Wrecked The Middle Class Maybe you heard your CEO say, "Our people are our greatest asset." He's probably lying. That's not how he really...
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