Deutsche Bank (Part II)
Unless the markets can take out its September highs, we could very well see a repeat of the 1987 Crash.
The euro “might start to unravel” if Deutsche Bank collapses according to respected financial journalist, Matthew Lynn. “It all has a very 2008 feel to it …” he warns and outlines his and our growing concerns about Deutsche Bank.
We were hoping CNBC would catch Zero Hedge's prompt yesterday about analytical powerhouse Merrill siding the DK. They did not disappoint. Not much else to be said here.
This is the headline at CNBS's web page:
The clown act continues...The real question is where he expects this daily geek show will get him. And how does this prognostication help above and beyond Jim Cramer excellent timing. I'm clueless; Dennis could you help us out? We know you're reading.
Dennis would love to help but he gets stuck on the math question
Closing line on Law & Order: CI, episode "Silver Lining" : "Hope is for suckers!"
This is an "emotional recession?" So everyone needs to smile and FEEL happy/wealthy. Unreal.
The last 30 seconds has to be one of the most ridiculous things I have ever heard. Stocks priced for armageddon?
This guy Kneale is a frigging toolbox.
looks like Merrill needs to dump global equities on unsuspecting retail investors.
Now I know what they should give Bernie Madoff, and any other Wall Street person/investor when they commit a crime.
Lock them in a room and be forced to watch CNBC 24/7. That is cruel and unusual punishment.
Your right Dennis - enough about you - your still an idiot.
please stop post videos about DK, stop qouting what he said, remove his name from your web site. Do not you see that he is playing you? he is like a boy that has teacher on his side and he keeps pushing you hoping you will push back so that he can hammer you using the CNBC set. You just drive people to his segment what he exactly looking for. I bet few weeks ago few people even knew who "Dennis Kneale" was. Now he is a celebrity of the internets.
Sorry for the language but he's a full blown fucking idiot
IDIOT! John Williams, who publishes the on-line letter, "Shadow Government Statistics," states that the real unemployment rate today is at 20.5%. I wouldn't doubt it, most of the government statistics today are either lies or damn lies.
And from the McClellan Market Report -- Most government economists fail to understand that creating more money has a lagged effect on the financial markets and on the economy. It takes about 8 months for a surge in M-1 growth to hit the stock market, and we are now due for the echo of the Fed's big money-printing effort of late 2008. That should bring a strong rally to an August top, probably starting from a bottom that our predictive signals say is due July 14-17. But the rapid braking the Fed did on the printing presses in January and February means that September and October are going to be UGLY!
very interesting but "liquidity" in the absence of earnings has historically proven to be a poor reason to buy stocks (China excepted)
Dennis Kneale is Wall Street's Harry Crumb
CNBC is financial entertainment and this guy seems to be quite entertaining, it's his job to say stuff on his show that resonates with his viewers. Why does anyone care whether he is right / wrong / stupid ?
I presume Dennis is slyly angling for some kind of government job
From the opening graphic, it appears as though "The Recession is Over..." spot is sponsored by BoA/ML. As if this were a sports broadcast and the telecast was brought to you by Budweiser. This network is becoming more like the Home Shopping Network everyday.
the june sales actually fell adjusted for gas. : )
Clowns, Nothing But Clowns
that is not fair to clowns.
Is Dennis trying to be "dynamic", pacing back and forth, modulating his voice excessively? Looks like he needs to pee. Or is trying to sell ShamWows. Funny how he says Merrill's news of the end of the recession is "not from some broker trying to sell you something".
A cry for help.
That was difficult to watch. I actually felt embarrassed for him.
I really want to give Dennis a firm headbutt right in the face. Does he actually believe the crap that comes out of his own mouth?
Clowns all the way down.
Seriously...could this guy be a bigger dickweed? Dennis, you truly are one of the most un-informed tool out there. All your data..is talking points. NOT REAL DATA. I dare you ..that right..I dare you to go one on one with Karl Denninger or Tyler Durder (in cognito of course) on nuetral terms....
To flaunt that MER/BAC wants you to buy stocks...that means...they need your money. Stop helping the thieves you moron.
he marches around on that stage as if he is a professional wrestler. can cnbc sink any lower?
CNBC is in real trouble if they keep letting this guy pop his mouth off. Thanks to the Bloggers.....ZH included, it is all out there for everyone to see. Please make sure this asswipe is held accountable when he is PROVEN wrong...
Whatever happened to having the actual traders speak and voice their opinions on CNBC? The channel is drifting towards pure sensationalism just as MSNBC has done. No validity whatsoever.
yea they should get ratigan back from msnbc and have the idiots go back and forth yelling at each other as if either of them know anything. nbc is terrible.
Thank you...it should be obvious to any respectable news network to use actual credible sources who work everyday in the industry they claim to report on. CNBC is just another mouthpiece for the corporate propaganda machine. "News" is just a cover.
I coudn't watch it... I tried, I really did.
I couldn't even *listen* to it.
No wonder Rosie left Merrill, they are completely useless. They should have been allowed to fail.
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