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Is Deutsche Bank Signaling A New Banking Crisis?
The earnings season has started, and several major banks in the Eurozone have already reported on how they performed in the fourth quarter of 2015, and the entire financial year. Most results were...
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"Few Are Yet Willing To Admit The Harsh Reality..."
Excerpted from Doug Noland's Credit Bubble Bulletin,Crude has rallied about 5% off of last month’s low. The Brazilian real closed Friday at 3.90, having posted a decent rally from the January closing...
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Venezuela Prepares To Liquidate Its Remaining Gold Holdings To Pay Coming...
Last Thursday when we recounted the story of how Venezuela is now literally flying in paper money (using three dozen cargo Boeing 747s), we wrote that "Venezuela's hyperinflation, already tentatively...
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Futures, Global Stocks Tumble As Europe Bank, Periphery Carnage Unfolds
The biggest event of the weekend, if not the month, was China's FX reserve outflow update, which at $100BN was slightly better than the $120BN expected (it pushed China's reserves to the lowest in...
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Is This The Reason For Europe's Sudden Bloodbath
While the ongoing slaughter in European bank credit, and mostly counterparty risk, is troubling, it is nothing new: we have been showing it for over a month, most recently on Friday in "European Bank...
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European Bank Bloodbath Crashes Bond, Stock Markets
Just as we warned, not only is it time to panic but the panic is 'contagion'-ing over into the sovereign risk market. European banks are in freefall, down over 4.3% broadly, crashing to 2012's...
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Maybe Albert’s Crazy Forecast Is Not That Crazy After All
For years, the so-called experts laughed at SocGen's Albert Edwards who not only steadfastly claimed that his "Ice Age" thesis is in play with central bank intervention only kicking the can - something...
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Gundlach: Bonds Won't Bottom Until Panic Sends VIX Above 40
Over the past two years, Jeff Gundlach has been alternating between dispensing fire and brimstone, and doom and gloom. More importantly, he has also been right which explains why as his arch nemesis...
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After Crashing, Deutsche Bank Is Forced To Issue Statement Defending Its...
The echoes of both Bear and Lehman are growing louder with every passing day. Just hours after Deutsche Bank stock crashed by 10% to levels not seen since the financial crisis, the German behemoth with...
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Global Markets Stunned By Biggest Japan Crash Since 2013; All Eyes On...
With China offline for the rest of the week, global markets have found a new Asian bogeyman in the face of Japan which as reported last night saw its markets crash, and the Yen soar, showing that less...
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Race To Bottom Enters Final Lap: ECB Will Cut To -0.7% In June, JPM Predicts
Here is how global currency warfare and the global "race to debase" works: ECB cuts rates to -0.3%, the BOJ cuts to -0.1%, then the ECB cuts to -0.7% next. At least that's JPMorgan's most recent...
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Deutsche Bank Selling Resumes After CEO Assures Employees Bank Is "Absolutely...
Yesterday's desperate scramble by Deutsche Bank to comfort markets about its liquidity position worked, for about three hours. And then, the bank which really should just keep its mouth shut, did the...
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A Confused Deutsche Bank Takes To Twitter Seeking Answers For Market Crash
Just when we said DB should probably keep its mouth shut, the bank that everyone is suddenly very focused on decided to take to Twitter with the following rhetorical question:#DAX dropped below 9,000...
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Deutsche Bank Stock Crashes To Record Low
Moments ago, in response to DB's open querry on Twitter whether the Dax is "overreacting", we highlighted DB's soaring CDS and asked if perhaps the market was not underreacting. Minutes later the...
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German Finance Minister Joins DB CEO, Says "Not Worried About Deutsche Bank"
With Deutsche Bank credit risk exploding and stock price collapsing to record lows, despite the CEO's "rock solid" affirmations, there is only one way to know just how real a crisis this is... when...
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It's Not Just China And Oil Anymore: Here Are The Two New Concerns Weighing...
While the following summary of key recent headlines suggests a broad array of issues leading to the worst start of the year since 2008... ... in broad terms, the biggest worries challenging that bull...
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The Return Of Crisis
Submitted by Chris Martenson via PeakProsperity.com,Financial markets the world over are increasingly chaotic; either retreating or plunging. Our view remains that there’s a gigantic market crash in...
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Deutsche Desperation & Twist Talk Save Stock Sheep From Slaughter
What a day... this seemed appropriate...Dow futures show the utter craziness of the intraday swings today as Japanese collapse led to panic-buying on "Rock Solid" Deutsche comments which led to dumping...
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What's Dragging Down European Banks: Oil And Commodity Exposure As High As...
Yesterday, when looking at the exposure of the Canadian banking sector to energy, we found something disturbing: according to an RBC analysis, local banks were woefully underreserved. Yet while clearly...
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The Walking Dead: Something Is Rotten In The Banking System
Submitted by Pater Tenebrarum via Acting-Man.com,A Curious Collapse Ever since the ECB has begun to implement its assorted money printing programs in recent years – lately culminating in an outright...
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