Global management consulting firm McKinsey & Co has released a report detailing that the traditional Wall Street model is “no longer an option.”
(NEW YORK, NY) Despite slashing billions in costs and retrenching from key businesses since the financial crisis, Wall Street banks still have not done enough to repair and restructure, according to a new report.
Tag Archives: global capital markets
Ten warning signs of a market crash in 2015
Stock markets opened lower on the first day of trading of 2015, and the credit markets that forewarned the 2007 crash are showing signs of strain
The FTSE 100 slid on the first day of trading in 2015. Here are 10 warning signs that the markets may drop further
Vix fear gauge
For five years, investor fear of risk has been drugged into somnolence by repeated injections of quantitative easing. The lack of fear has led to a world where price and risk have become estranged. As credit conditions are tightened in the US and China, the law of unintended consequences will hold sway in 2015 as investors wake up. The Vix, the so-called “fear index” that measures volatility, spiked to 18.4 on Friday, above the average of 14.5 recorded last year. Continue reading
How Financial Warfare Could Bring America to Its Knees
As was mentioned here over a week ago, businessmen carry on as if tomorrow will always be the same as today and that nothing bad can happen, yet it is not necessarily their fault because their of their chosen profession — one that is different from those that specialize in espionage or financial warfare. Either way, a complete lack of awareness is a huge national security issue.
One country, Russia or the United States, is de-linking itself from vulnerabilities and going into war prepared while the other is not and exposing its Achilles heel with a ‘kick me’ sign taped to its back. Can you guess which is which?
You only need to follow this site or other similar ones keeping atop of developments like this for a week to draw your own conclusions.
Please see the source link for the video.
Financial warfare is coming to the fore. It’s something that’s been talked about for some years, but now it’s actually being played out and practiced. Since 2012 the United States has been in a financial war with Iran. It’s not a shooting war, we’re not invading Iran, but because of their nuclear ambitions, the U.S. has tried to isolate Iran. We kicked them out of the dollar payment system so Iran could not transact in dollars. They said, well who cares, we’ll just transact in Euros or Yen or other currencies.
There’s another financial war brewing right now, which is with Russia around Crimea. Russia of course invaded Crimea. No one – left, right or center thinks the U.S. should use military force in Crimea. We’re not sending the 82nd Airborne into Sevastopol anytime soon, but the U.S. doesn’t want to be seen to be doing nothing, and so we’re engaging in economic sanctions, which is a form of financial warfare.
There’s a big difference, however, between confronting Russia and confronting Iran. Russia has a much greater ability to strike back — and just to show how this could escalate, so we put sanctions on, you know, some mid level bureaucrats, who cares, that’s no big deal.