NYSE opened 15min ago
Anyone else enjoying the Deutsche Bank ride?
NYSE opened 15min ago
Bump
>DROP
>R
>O
>P
tradingview.com
Here's a link for those who are interested
No Don settlement reached. Moonman quoted as saying "I'm loving it!
DoJ
bump
how well did you do on this, op?
It was 10 something last week now it's back to 12.
Not happening. Go home.
Shhhh there's still hope
Yes. Forex though. Made bank on eur/gbp.
Oh look another DB crash thread.
And nothing happens as usual.
>doesn't know how to stockmarket
The price in $US Is obviously not priced in Euro's
Dow trades in murican moneys
Dax trades in germoneys
Do you get it?
>it's another "DB WILL ABSOLUDLY CRESH TODAY GUYSE" episode
>still trading at 12.88
>MUH DB IS FAILING
LMAOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOO
Its down 3.0%
Guys i get that the whole "hurr durr it's happening nao" is stupid but aren't you slightly worried that db lost almost 20$ on their share over less than a year?
And today is a German bank holiday because of Rosh Hashanah. We'll have to wait until tomorrow to see what happens to the FSX.
It's not news til it's under 9. As mentioned, after the holiday we'll see.
cnbc.com
Calling the issue a "political hot potato," Pal said Germany has set itself up so that taxpayers are protected from having to fund bailouts, enacting a bail-in mechanism that Deutsche Bank simply cannot handle.
In other words, Deutsche Bank is "too big to bail in," which leaves Chancellor Angela Merkel in a difficult place just months ahead of the country's 2017 election.
And with Europe heading toward a recession, Pal said that while Deutsche Bank will not be the direct cause of a potential crisis, it will likely be a catalyst.
"It's all from the same issues. Basically, a lot of the bad loans in Europe, whether it's Italy, whether it's Spain, didn't go away. There's the problem now of how banks fund themselves, and then there's the problem of the yield curve," he said.
"So the whole thing is grinding the whole sector slower over time," Pal argued.
That's true, should there be a recession, DBank is quite likely to blow up.
But I don't see a Lehman moment happening yet.