Something is seriously rotten in European banking and Deutsche bank is the biggest systemic risk today.
Q2 hedge fund letters, conference, scoops etc
European bank and financial services stocks just closed below their lows of 2011, 2012 and 2016.
The entire economy is Fyre festival
The day that this chart, showing positive and negative bond yields, turns entirely red, it will become the chart of the century!
“Falling interest rates during a deflationary period are actually bad for stocks.” John Murphy
Article by Ritesh Jain, World Out Of Whack