A Constant Short Squeeze Threat: Oil Shorts Are At All-Time Highs
While market participants will hardly need the caution, having experienced historic moves in the oil complex over the past few days including the biggest two-day surge in seven years at the end of last...
View ArticleHere Are The Stocks Emerging Markets And Wealth Funds Are Quietly Liquidating
Last weekend we explained how as a result of the dying Petrodollar and the plunging price of oil, emerging markets and Sovereign Wealth Funds such as the ones listed below... ... are forced to...
View ArticleThis Is What "Stress Levels" Looked Like Two Months Before The Last Three...
Yesterday, courtesy of Bank of America, we showed an extensive catalog of how a trader could, in case the market "were to crash tomorrow", hedge said crash risk crash using the cheapest derivative...
View ArticleFrontrunning: January 28
Unease over Fed rate path dents European stocks (Reuters)Global Stocks Pressured After Fed Statement (WSJ)Japan's Economy Minister Amari to Resign Over Graft Scandal (BBG)Authorities working to clear...
View ArticleDeutsche Bank Eliminates Management Bonuses After "Horrible,""Grim" Results
“These are extremely poor results,” Citi’s Andrew Coombs wrote last week after Deutsche Bank CEO John Cryan announced a “sobering” set of numbers for 2015.By “sobering,” Cryan meant a net loss of more...
View ArticleGlobal Stocks, Bonds Jump On BOJ NIRP Stunner; Rally Fizzles After Crude...
It is safe to say that nobody expected the BOJ stunner announced last night, when Kuroda announced that Japan would become the latest country to unleash negative interest rates, for one simple reason:...
View ArticleNorway's Kroner Conundrum Deepens As Central Bank Buys Record Amount Of Currency
“The paradox of Norway’s oil exports is that lower foreign earnings translate into more, not less, demand for NOK.”That’s from Deutsche Bank and it sums up the conundrum facing Norwegian officials as...
View Article$7 Crude? Deutsche Bank Downgrades Oil 'Lower For A Lot Longer'
Oil prices around USD 30/bbl mean that an increasingly significant volume of future oil projects no longer make sense. Although Deutsche Bank does not expect US crude inventories to reach capacity,...
View ArticleThe Disturbing Reasons Why The Bank Of Japan Stunned Everyone With Negative...
As we noted earlier, in a paradoxical U-turn, one which caught everyone by surprise as a result of Kuroda's own promise just one week ago not to engage in NIRP... ... and two months after the ECB's...
View Article"Pandora's Box Is Open": Why Japan May Have Started A 'Silent Bank Run'
As extensively discussed yesterday in the aftermath of the BOJ's stunning decision to cut rates to negative for the first time in history (a decision which it appears was taken due to Davos peer...
View ArticleThe Last (Policy-Induced) Gasp Of Speculative Excess
Excerpted from Doug Noland's Credit Bubble Bulletin,“Shock and awe” is not quite what it used to be. It still carries a punch, especially for traders long the Japanese yen or short EM and stocks. The...
View ArticleWall Street Drops The 'C' Word: Proclaims Junk Bond Risks Are Contained
Submitted by Jeffrey Snider via Alhambra Investment Partners,To an economist, the economy can bear no recession. In times of heavy central bank activity, an economy can never be in recession. Those...
View ArticleWhen "Whatever It Takes" Fails - Global Bank Risks Are Soaring
The surge in credit risk across the global financial system is starting to get to the point where even Bill Miller will be forced to pay attention. With every central banker "all-in" with "whatever it...
View ArticleIs It Time To Panic About Deutsche Bank?
Back in April 2013, we showed for the first time something few were aware of, namely that "At $72.8 Trillion, The Bank With The Biggest Derivative Exposure In The World" was not JPMorgan as some had...
View ArticleCredit Suisse Plunges To 25 Year Lows After Posting Enormous $5.8 Billion Q4...
Seven days ago, Deutsche Bank turned in what various sellside desks described as “horrible”, “grim” results for both Q4 and 2015 as a whole.The bank posted its first annual net loss since the financial...
View ArticleDAX Plunges To 1 Year Lows As Deutsche Bank CoCos Crash, Italian Bank Stocks...
The collapse of Deutsche Bank continues to not just accelerate but to contagiously spread...Deutsche Bank's CDS continues to push higher...smashing European bank risk to its highest since 2013... And...
View ArticleMass Layoffs To Return With A Vengeance
Submitted by Adam Taggart via PeakProsperity.com,Remember the mass layoffs of 2008-2009? The US economy shed millions of jobs quickly and relentlessly, as companies died and the rest fought for...
View ArticleGlobal Financial System Risk Is Soaring Worldwide
We warned earlier in the week that the credit risk of the world's financial institutions were on the rise and that trend has worsened as the week ends. Global Bank Risk is spiking... European Bank Risk...
View Article22 Signs That The Global Economic Turmoil We Have Seen So Far In 2016 Is Just...
Submitted by Michael Snyder via The Economic Collapse blog,As bad as the month of January was for the global economy, the truth is that the rest of 2016 promises to be much worse. Layoffs are...
View ArticleA Wounded Deutsche Bank Lashes Out At Central Bankers: Stop Easing, You Are...
Ten days ago, when Deutsche Bank stock was about 10% higher, the biggest German commercial bank declared war on Mario Draghi, as we put it, warning him that any further easing by the ECB would only...
View Article