Financial markets

[Tron]

Next domino to fall IMO - Deutsche Bank

 

[YACCster]

14 hours ago, Tron said:

Next domino to fall IMO - Deutsche Bank

 

But….

 

[Tron]

1 hour ago, YACCster said:

But….

Bwahahahaha. That’s the kiss of death. 

[GhostfaceJim]

 

Get those financial Gains!

[GhostfaceJim]

This is the only Finance I know!

[GhostfaceJim]

Me going to the bank!

[Tron]

Japan gov finances if it was a household: 
$31k in annual income
$100k in annual expenditures
$700k in outstanding debt
With rising rates, its 2023 debt servicing cost is expected to become 35% of annual tax revenues. 
 

 

[Tron]

Europe- "We'll grow our way out of this"............not

The whole world is going down in flames thanks to decades of government largesse. 

[Tron]

This is a pretty good summary of how things will likely play out.
 

 

[Tron]

Some light reading for those interested in how China could possibly cause a financial Pearl Harbor here in America.

 

http://www.deepthroatipo.com/how-to-wreck-a-big-old-gsib-bank/

[Tron]

https://www.marketwatch.com/story/most-u-s-banks-are-technically-near-insolvency-and-hundreds-are-already-fully-insolvent-roubini-says-18b89f92?redirect=amp
 

 

[Timmah!]

Oinks for $

Edited April 2, 2023 by Timmah!
Inflation

[Tron]

If you had bought bitcoin when I posted this last July, you'd be up nearly 50% in 9 months. If you had started buying weekly at that point, up even more. 
 

Wouldn't be surprised at all if we see a pullback here. CPI print today and lots of internals setting up for risk of a market correction, which usually drags all risk assets down. Banking crisis is far from over. Potential war with China (and current proxy war with Russia) along with multiple other tail risks out there make for a difficult market environment. Gotta be hedged and nimble if trading it. 
 

Edited April 12, 2023 by Tron

[Tron]

Being happy about the fact that inflation is now "down" to 5% is kind of like being happy you only gained 5 lbs this month, after packing on 100lbs over the last year.

[Tron]

The bond market sees a train wreck coming.

The stock market is two kids playing on the tracks.

[Tron]

On 3/16/2023 at 7:47 AM, Tron said:

https://www.reuters.com/markets/currencies/stronger-yen-could-jolt-global-markets-2023-04-27/

[Tron]

Graphical representation of all the US bank failures since 2000 based on size.

 

[Tron]

[Timmah!]

Edited May 4, 2023 by Timmah!

[Tron]

Markets pricing 3 Fed rate cuts by year end with first cut in September, while Fed saying 'no cuts' in 2023.

This implies either significant market volatility, or a systemic loss of Fed credibility in the coming months. (They have long ago lost credibility in my eyes)

 

 

 

[Tron]

[Sweatnbullets]

Well My advisor says Japan has the best economy now, Maybe should invest there?

 

[Tron]