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Trump Appoints "Death By China" Author Peter Navarro To Head Trade Office,...
Another day, another shot across the bow from Donald Trump aimed squarely at China.Having already participated (and in the case of one, precipitated) two mini diplomatic snafus with Beijing in just the...
View ArticleFrontrunning: December 22
Fingerprints of Tunisian suspect in Berlin attack found on truck door (Reuters)Germany Ill-Prepared for Terror Fight, Critics Say (WSJ)Monte Paschi Will Need a Huge State Rescue (BBG)Trump denounces...
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Gold Manipulation Suspicion Lingers
Submitted by Dmitri Speck via Acting-Man.com,Deutsche Bank Caves InDeutsche Bank trader: “u just said u sold on fix.”Answer UBS trader: “yeah, we smashed it good.”Deutsche Bank is a defendant in more...
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Red Flag For Markets: Pension Funds To Sell "Near Record" Amount Of Stocks In...
One of the recurring comments about the "Trumpflation" rally, which has sent US stock markets to constant record highs and pushed the Dow Jones just shy of 20,000 has been that there is virtually...
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In Rare Move, US Sues Barclays For Mortgage Securities Fraud
The market was waiting for the DOJ to announce the long-awaited settlement with Deutsche Bank today. Instead, it got news of a surprise lawsuit filed by the DOJ which sued Barclays after failing to...
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Deutsche Bank Settles With DOJ: Will Pay $3.1 Billion Civil Penalty
With analyst expectations/hopes in the $2 to $5 billion range (against the initial $14 billion fine), Deutsche Bank said it has reached settlement with US authorities to pay a $3.1 billion civil...
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Credit Suisse Settles With DOJ For $5.3 Billion; Will Pay $2.5 Billion Civil...
Shortly after last night's news that Deutsche Bank had settled with the DOJ for $7.2 billion, of which it would pay $3.1 billion in a civil penalty, far lower than the $14 billion number initially...
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Futures Unchanged In Thin Pre-Holiday Tape; Italian Bank Bailout Lifts...
European stocks halted two days of declines, with the Stoxx 600 fractionally in the green and Italy’s bonds climbing after Monte Paschi requested a bailout and Italy pledged to provide support for its...
View ArticleFrontrunning: December 23
Berlin market attack suspect killed in Italy (Reuters)Tunisian Suspect Had a History of Criminal Activity, Extremism (WSJ)Hijacked Libyan plane lands in Malta with 118 on board (Reuters)Deutsche Bank,...
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Dave Collum's 2016 Year In Review - "And Then Things Got Really Weird..."
Submitted by Dave Collum via PeakProsperity,A downloadable pdf of the full article is available here, for those who prefer to do their power-reading offline.Background: The Author“The easiest thing to...
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The Scariest Forecast For Treasury Bulls
With Trump's border tax adjustment looking increasingly likely, the stock market - as JPM has warned in recent days - is starting to fade the relentless Trumponomic, hope-driven rally since election...
View ArticleFrontrunning: December 27
Monte dei Paschi Rescue Cost Jumps as Deposits Fall (WSJ)Russia finds first black box from Black Sea crash jet (Reuters)Prat-Gay Fired as Argentine Finance Minister After One Year (BBG)Fear of Trump...
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ECB Lowers Deutsche Bank's Capital Requirements, Allowing It To Pay Bonuses
While Deutsche Bank has had a generally terrible year, with its stock price plunging to all time lows on capitalization (and, at times, liquidity) concerns following the now concluded episode of its...
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Markets In 2016: Winners & Losers
As 2016 comes to a close, Reuters has compiled a list of the biggest winners and losers of the year from across the globe. Of course, after global equities started out the year on a weak note, in the...
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Euronomics Decomposing, Raise a Glass of Cheer!
This article by David Haggith was first published on The Great Recession Blog: Europeans must have been delighted to discover that one thing is working as well as it has since the start of the Great...
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Kunstler: 2017 Is When The Wheels Finally Come Off
Submitted by Howard Kunstler via Kunstler.com,“There is no other endeavor in which men and women of enormous intellectual power have shown total disregard for higher-order reasoning than monetary...
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A Biased 2017 Forecast, Part 2
Submitted by Jim Quinn via The Burning Platform blog,In Part One of this article I discussed the failure of our brains to think rationally due to our biases and the relentless propaganda flogged by our...
View ArticleFrontrunning: January 3
Stocks Gain With Commodities Amid China Optimism (BBG); Dollar, global stocks firm as 2017 trading starts in earnest (Reuters)Oil hits 18-month highs as markets eye output cuts (Reuters)Earnings...
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World's Purest Silver Producer To Join Class Action Lawsuit Against Bullion...
Submitted by Mac Slavo via SHTFPlan.com,Though Wall Street regulators and the mega-banks they purport to regulate have long said that there exists no manipulation in markets and that anyone making...
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What 12 'Financial Experts' Predict For The Economy in 2017 (Spoiler Alert:...
Submitted by Daisy Luther via The Organic Prepper blog,What lies ahead for the economy this year? Will the economy finally collapse as predicted by many or will the early positive signs in stock...
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