Deutsche Bank: “If One Wanted A Simple Indicator Of A Broken Financial System, Then This Is It”

https://i0.wp.com/www.zerohedge.com/sites/default/files/images/user5/imageroot/2016/06/04/10Y%20bund%20DB.jpg

 

If there is one bank that is more concerned than any other about global central bank unorthodoxy, it is Deutsche Bank which as we reported yesterday, saw its stock price drop to a record low yesterday. As such it is not surprising that in his overnight note, DB’s Jim Reid focuses on the “broken financial system” and highlights the one indicator that confirms just how broken the system is: the Bund Yield.

Continue reading

This Is The Endgame, According To Deutsche Bank

https://i0.wp.com/www.zerohedge.com/sites/default/files/images/user5/imageroot/2015/09/DB%20derivatives_0.jpg

 

DB’s Jim Reid lays out the “endgame” scenario, one which this website first said is inevitable back in 2009. With Citi and Macquarie already on board, expect what was once merely the figment of a “deranged tinfoil conspiracy-theory blog’s” imagination, to become global monetary policy. And yes, the real endgame is the one we have said from day one: total fiat (and conventional economics) collapse.

* * *

From Deutsche Bank’s chief credit strateigst Continue reading

Global stocks in freefall mode as economic collapse unfolds

(NaturalNews) China, the world’s second-largest economy, continues to show signs of a sharp slowdown, unnerving investors everywhere as markets begin falling worldwide. Continue reading

Will The ECB Finally Use The Greek “Nuclear Option” This Wednesdsay?

This was not supposed to happen: by now the Greek insolvency “can” should have been kicked, and the Greek government, realizing the money has run out for both the government and the banking system, should have folded to Troika demands, and allow the Troika money to return repaying obligations to the Troika in exchange for more spending cuts.

Instead, the “game theoretical” approach of bluffing until the end, and beyond, has put both countries in a corner from which neither knows how to escape, and with the “final deal deadline” passing this weekend we now have quotes such as this from the EU:

  • OVERTVELDT: GIVING IN TO GREECE WOULD UNDERMINE EU CREDIBILITY

Continue reading

US taper risks fresh crisis, says Deutsche Bank

Deutsche Bank says policymakers have become so used to “throwing liquidity” at structural problems that asset prices had become distorted and risked triggering a fresh crisis

Scaling back the Federal Reserve’s massive bond-buying programme risks throwing the global economy into disarray next year, Deutsche Bank has warned, with lenders unable to cope with higher borrowing costs, despite stronger economic growth. Continue reading