notional value

Reggie Middleton's picture

So Called "Trusted Parties", Bank Collapse, the ECB and Blockchains: Watch as I Call the Next Bear Stearns, Again!





I called it once in January 2008 (Bear). I called it 2x in March 2008 (Lehman), and I'm calling it again in 2016. Don't say you didn't know. These proclamations of trust will truly put my analysis - and your capital - to the test.

 
Reggie Middleton's picture

With Wall Street Bitten by the Blockchain Bug, How Do We Admit the Truth About the Technology's Disruptive Potential?





Bankers and their technology partners say blockchain tech is not disruptive. Lawyers and others say it drops intermediation costs (but aren't bankers intermediaries?). The truth is disruption is unavoidable, and the sooner market participants realize this, the better.

 
globalintelhub's picture

Making Sense of Cents





Forex remains to be the largest market in the world and the least understood.  Central banks have more influence on global markets than any other force.  In other words, monetary policy is the ONLY economic indicator(s) investors should be watching, because let's face it, if the Fed raised rates to 10% like they should do and called in all that QE money, stocks would collapse.

But yet Forex remains a mystery, something that someone may have mentioned or you heard about.. wait FX is a TV channel?  or graphics?  a movie?

 
Tyler Durden's picture

Are Greek Banks About To Charge For The Privilege Of Banning €500 Bills?





Just look at it as a repo for everyday depositors: post your €500 notes as collateral, take the haircut, get smaller bills in return.

 
Tyler Durden's picture

The Global Run On Physical Cash Has Begun: Why It Pays To Panic First





If, and when, a run on physical cash begins, there will be roughly $1 dollar in physical to satisfy $10 dollars in savers' claims, a ratio which drops to 20 cents of "deliverable" cash if the $100 bill is taken out of circulation.

 
Tyler Durden's picture

The War On Paper Currency Begins: ECB Votes To "Scrap" 500 Euro Bill





Not a bad way to launch a global ban on paper currency ahead of a global NIRP regime, and all, of course, in the name of fighting "tax evasion, financial crime, terrorism and corruption."

 
Tyler Durden's picture

Here Is The Real Reason Why Authorities Want To Ban High Denomination Bank Notes





Here is the real reason why suddenly high denomination bank notes are the target: it is not because "drug dealers" and tax-evaders use them, but because between banning Europe's €500 bill and the US $100 bill, over half of all physical currency currently in circulation would disappear.

 
Tyler Durden's picture

Options Traders See Yuan Collapse Continuing In "Dangerous Situation For Policy-Makers"





Surely, The PBOC will step in at some point and save the collapsing currency? Nope - not if options traders (and Kyle Bass) are to be believed. The odds of the yuan breaking beyond 7 to the greenback by the end of March more than doubled to 12% (from 5.8% at the start of December). Ironically, Bloomberg reports only 1 of 39 analyst predicts Yuan to trade beyond 7 by the end of 2016. The market's extremely strong conviction, and apparent PBOC loss of control is "a dangerous situation for policy-makers" according to one Asian economist.

 
smartknowledgeu's picture

The Hype Surrounding Today's Federal Reserve's Interest Rate Decision is Way Overblown





In the end, whatever the Feds announce at 2PM NY time today should not affect your long-term outlook on markets as neither of the two possible decisions will significantly alter the future fate of global markets. Instead, the most important thing to understand is the massive fraud that is systemic in the global financial system and to allow a deep and complex understanding of this fraud to drive your investment decisions.

 
Tyler Durden's picture

Chinese Stocks Open Down Hard As PBOC Strengthens Yuan By Most Since 2010 & Default Risk Hits 2-Year High





Chinese stocks are opening lower: SHANGHAI COMPOSITE INDEX FALLS 4.6% TO 3,020.84 AT OPEN as PBOC fixes Yuan stronger for the 4th day in a row - the most in 5 years.

China credit risk has spiked to 2-year highs as traders increase positions dramatically.

 
CalibratedConfidence's picture

No CNBC, It's Not Priced In





Luckily we didn't hear anything more about Vomiting Camel formations but there was certainly an ample amount of "it's priced in" blaring in the background.

 
GoldCore's picture

Deutsche Bank CEOs “Shown Door” – World’s Largest Holder of Derivatives In Trouble?





Deutsche Bank’s derivatives position is truly enormous. It was recently estimated to be around $54 trillion. Germany's GDP, the 4th largest in the world, was a mere $3.64 trillion in 2015. Were Deutsche Bank caught off-side in its derivatives positions there is not a government or institution on earth that could bail it out and it could lead to contagion in the German financial system and indeed in the global financial system.

 
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