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.
Largely out of the headlines, the ongoing protest on Standing Rock is shining a bright light on how the big-moneyed interests with political clout steamroll the disadvantaged in order to get what they need. But in a rare David-vs-Goliath standoff, the Sioux tribespeople of Standing Rock Reservation are learning that they are not powerless.
It was Russia's turn to respond to the accusations of "barbarism" which it did today through Russian Foreign Ministry spokesperson Maria Zakharova. “Historically speaking... a barbarian is someone not belonging to an empire, and we have only one of those today,” she noted on her Facebook page. “As for the imagery... the world has seen nothing more barbaric in modern history than Iraq and Libya done the Washington way.”
Global hedge fund tycoon and political provocateur George Soros is leading a war of symbols, namely flags and banners either resurrected or conjured up by his myriad non-profit groups, to stir religious, racial, and ethnic tensions the world over.
The day has finally arrived. The two most disliked presidential candidates in the history of America face off mano a (wo)mano in a 90-minute, pee-break-barred grudge match of the politically-correct corrupt establishmentarian against the deplorable status-quo-wrecker. With the polls tied up, there's everything to play for as a record audience tunes in to see who will screw up first...
US weapons are being delivered to Jabhat Al-Nusra by governments that Washington supports, a militant commander told the German media, adding that American instructors were in Syria to teach how to use the new equipment. "Israel is now giving us support because Israel is at war with Syria and with Hezbollah... The Americans are on our side."
The Wells Fargo bank account scandal took center stage in the news last week and in all likelihood will continue to make headlines for many weeks to come. What Wells Fargo employees did in opening bank accounts without customers' authorization was obviously wrong, but in true Washington fashion the scandal is being used to deflect attention away from larger, more enduring, and more important scandals.
"Trigger warning: The event conducted just beyond this sign may contain triggering and/or sensitive material. Sexual violence, sexual assault, and abuse are some topics mentioned within this event. If you feel triggered, please know there are resources to help you.”
"...to be blunt, given the aforementioned fundamental risks and the poor risk/return skew, history is clearly not in favor of those who remain long equities banking on the Fed to continue to levitate valuations and prices with limited tools and faulty narratives."
When a commodity trading guru like Dwight Anderson, founder of the iconic Ospraie Management has something to say on the market outlook, people tend to listen, especially when he’s consigning the last great commodity bull run to the history books and buying gold and farmland for the next crisis.
Throughout Obama’s presidency, his vetoes have always survived Congressional challenges. That his first might be a bill about Saudi Arabia reflects waning Saudi influence in lobbying Congress to get their way, and what would likely have once been a very safe veto is now at serious risk.
The highly-anticipated first presidential debate of 2016 is finally upon us and here are all the things that you need to know but are likely too lazy or simply not interested enough to track down on your own
For most of 2016, Deutsche Bank shares had been sliding fast. On Monday, they crashed, down more than 7%, after Angela Merkel refused to consider a bailout for the troubled lender. The bank's bonds have slumped, while it default risk spiked. As some have correctly put it "it all has a very 2008 feel to it."
As we inch closer and closer to November 8th, one thing has become increasingly clear: This election will be viewed by voters as a referendum on the status quo itself. While it’ll definitely be a referendum on Obama specifically, it’s much bigger than that. It’ll be about whether the American people want to continue along the path we’ve been on for decades, or if they’re willing to try something entirely different.
As a very observant Charlie McElligott of RBC points out, lost in a sleepy Friday morning session, there was a sneaky trade in November Fed Funds Futs (FFX), where somebody bot 9962 Calls in what was essentially a ‘Trump Hedge’ lotto-ticket that pays in the event that the FOMC were to LOWER the Fed Funds rate…thus, quite notable.
In a stunning allegation, one which would lead to dramatic gepolitical implications, the speaker of the People's Council of Syria said on Monday that the Syrian intelligence possesses an audio recording of conversation between Islamic State terrorists and the US military.
The Houston shooter who injured 9 this morning has unofficially been identified as 46-year old attorney, Nathan Desai. According to local new sources, police discovered Nazi paraphernalia on Desai's clothing and in his car and home.