Through the derivatives market, Deutsche Bank is connected all over the world. It simply can’t be their intention to artificially provoke the next crisis.
Targeting inflation expectations with tough words, negative interest rates, and more quantitative easing (QE) caused people to lose confidence in central banks, not in cash. Lack of confidence does not encourage activity. It encourages fear.
Looking beyond its immediate neighbours, it could well be Aussie winemakers reaping the rewards from Britain’s exit.
Over the last week, BT Investment Management’s shares have ground 18% higher after dropping from $10.30 to $7.50 (around 27%) in just three days.
There would be no such thing as mounting the curb and mowing down innocent people. Driverless vehicles would simply not allow it.
With a catastrophic financial meltdown looming — possibly the greatest of all time —the US dollar is going much higher.
New earthquakes are coming soon as part of the Brexit aftershocks. By now, you’re familiar with the basic outline of the Brexit story.
How will silver fare? We’ve seen it surge recently. Silver could be in the early stages of a bull market. Or a massive bear trap.
Italy’s stock market has been a rollercoaster ride this year. Italian banks have lost more than 50% of their market capitalisation.
When Deutsche Bank goes under, which is likely to happen once the European contagion takes off, I expect massive bloodshed across financial markets.