Posts Tagged ‘Banks’
“We Have Never Seen This Before”: The Last Time The Market Did This, FDR Confiscated All The Gold
To say that moves in the US stock market have been erratic in the past two weeks would be a prodigious understatement: with the Dow Jones swinging by over 1,000 points on nearly 5 occasions in the past two weeks (today’s 970 point move would have been the fifth)… … traders – holding on for…
The Biden Bounce: Dow Futures Up 666 As Traders Forget About Panicking Fed
Biden + 666 maybe the same, EVIL… Futures have staged a miraculous recovery after yesterday’s historic drop – the biggest ever on a day when the Fed cut rates, and are up against some 70 points from yesterday’s close… … and Dow futures were up a delightfully appropriate 666 points… … as investors decided to…
What Happened To Gold’s Safe-Haven Bid?
The US stock market continued its freefall last Friday. The Dow lost another 357 points to finish off the worst week since 2008. One would expect a save-haven like gold to thrive in the midst of the massive stock selloff, but it had a bad day on Friday as well crashing through the $1,600 mark and plummeting…
Historic Losses Occur as Wall Street Finally Realizes the Threat That the Coronavirus Poses to the Global Economy
Everything is right on schedule and, now, the time is come to remove one of the final obstacles standing in the way of a New World Order: The United States Constitution – even if, over the course of many decades, it has already been greatly diminished by the B.E.A.S.T. system; or, more specifically, Bullshit Emerging…
“Worst Thing In My Career” – US Stocks Suffer Fastest Collapse From Record Highs Since Great Depression
This didn’t age well… Donald J. Trump✔@realDonaldTrump Highest Stock Market In History, By Far!109K9:42 AM – Feb 19, 2020Twitter Ads info and privacy28.4K people are talking about this A sea of red… The Dow has collapsed from a record high into ‘correction’ in the space of just six days. As we detailed earlier, this is the…
No Financing And No Demand: Chinese Refiners Run Into Trouble
International banks are suspending credit lines for some independent oil refiners worried about the growing risk of defaults across industries because of the coronavirus epidemic, Reuters reports, citing industry sources… According to the sources, at least three private refiners, or teapots, have had credit lines to the tune of $600 million suspended by banks including French…
Will COVID-19 Lead To A Gold Standard?
Even before the coronavirus sprang upon an unprepared China the credit cycle was tipping the world into recession. The coronavirus makes an existing situation immeasurably worse, shutting down China and disrupting global supply chains to the point where large swathes of global production simply cease. The crisis is likely to be a wake-up call for complacent…
Deutsche Bank, Donald Trump, And An Epic Trail Of Destruction
The Institutional Risk Analyst, we review the new book by David Enrich, “Dark Towers: Deutsche Bank, Donald Trump, and an Epic Trail of Destruction.” Enrich is currently a financial editor at The New York Times and was previously an editor at The Wall Street Journal covering financial institutions. This important book puts in perspective the history of Deutsche Bank AG (NYSE:…
“Tankers, Tankers. Everywhere!” – Virus Causes Historic’ Traffic Jam’ Across Asian Supply Lines
Covid-19’s effect on global energy markets has been disastrous. OPEC slashed its oil demand forecast last week, and Goldman Sachs doubled down on its bearish oil take and has cut its oil price target by $10 to $53 for the year, as a result of a “demand shock” that is set to collapse Chinese oil consumption by 20%, or…
Will The Coronavirus Outbreak Cause A Massive Stock Market Crash?
Could it be possible that this coronavirus outbreak will be the trigger that finally bursts the biggest stock market bubble in U.S. history? As I have discussed previously, stock prices in the United States were the most overvalued that they have ever been during the month of January, and our stock market has never been more…