I’m so glad I buried all my vinyl in the garden.
Hursty nah
Millsy CDS skyrocketing, share price tanking off the back of it, doesn’t look great
Do you reckon they will ride this out?
Hursty yes. And there’s no way Germany would let it fail so would get propped up regardless I reckon. The current Epstein scandal isn’t doing them any favours, but it’s too big to fail for Germany’s reputation.
Millsy It’s been propped up for the past few years.
Of course this might be a massive reg by me and they will fail over the weekend. (Safety post…)
alistair haven’t they all
Millsy It’s not even in the top 20 industry league tables. Long had a reputation for abject failure. It’s M&A advisory business is a laughing stock
Sorry to blow a hole in all the pessimism around DB, but no way is it in as bad a mess as CS was. US commercial real estate exposure is admittedly a weak spot, but it has been profitable for a while now and looks ok on risk metrics…
This is well worth a read on DB:
https://www.ft.com/content/1bef3178-45f2-4168-ac6a-32604ffe033f
The bank that lent Trump $300m
alistair and? 🙂
He’s good for it
Reassuring words from Dr Doom
https://www.marketwatch.com/amp/story/most-u-s-banks-are-technically-near-insolvency-and-hundreds-are-already-fully-insolvent-roubini-says-18b89f92
So everything is absolutely fine in the banking sector?
Spy didn’t break 410, back down to 390 or 383 no doubt. Short on Netflix it’s did well of late but overvalued in this market imo and earnings coming up on 18th.
When the red line inverts and starts heading back to blue, the shit will start hitting the fan
Unless of course the yield curve is dead….this time it’s different right?
Hursty can you explain what this chart is?
There’s a recession coming?
Along_the_Wire according to our government, no
“UK economy will avoid recession despite no growth in February, says Hunt” 14th April 23
Along_the_Wire Unless we make up our own munny and lolz at FIAT Grant.
Mad_Cyril MC, keeping up the ultimate snide persona well, while contributing nothing else on here
Top work lad, keep it up and you’ll take over the mantle from BF
