Yesterday we exposed the globally contagious spread of funding market distress into the credit risk of major US banks, and today it has accelerated, spreading to Europe’s banks as their stocks crashed to the lowest in 11 months…
That’s when I told myself, self? I think they are going lower. All those people can’t be right.
If globalization after 1975, hurt the local smaller domestic companies, then a reversal would be bullish for them only. Those big global monster corporations I think are in big trouble. By todays action, I’m getting more confident in my hunches or ideas.
Yesterday we exposed the globally contagious spread of funding market distress into the credit risk of major US banks, and today it has accelerated, spreading to Europe’s banks as their stocks crashed to the lowest in 11 months…
Citigroup Enforces Gun Control Restrictions On Customers
https://www.zerohedge.com/news/2018-03-22/citigroup-enforces-gun-control-restrictions-customers
Same ol, same ol.
The Rig has one trick, but unlimited Vol to do it, Buy SM and Dollars, sell PM’s…..it’s all they ever do.
Wait! Wait! I heard that argument all during the crash of 2008…never mind…
never any follow through
silver whacked
Comedy central
tks to 15 yr old Quant Algo’s.
I’ve been watching this idiot game for so many decades, I don’t even need the news. I what the know the news is going to be ahead of time. 🙂 The new news will be a recession.
Nice trade…U have great ‘smell’…..
Isn’t this fun watching the big global corporations shares dropping? They were in the “drivers seat” having fun making money for decades, operating across borders, avoiding US labor and taxes, but absorbing US consumers wealth. Tax free cheap labor.
Short them. My TZA short play is working so far + 5.6%.
Re Printing press…that’s all they have got now !!!!!!
They better get the presses inked up. Liquidity forever!
that could have been a technical problem somewhere…..but now whatever it is, is hitting Banks Short Term funding costs…..That is a sure sign, that there is a serious problem out there…..
A showdown over natural gas and oil deposits in the seas off Cyprus is set to intensify, with Turkey announcing it is to send a drilling ship to the region days after the US energy company ExxonMobil dispatched its own survey vessels to the area.
As tensions flare over the potential spoils off the divided island, the Turkish president, Recep Tayyip Erdoğan, has declared he will not tolerate the prospect of reserves being exploited by Greek Cypriots at a time when his country is engaged in conflicts elsewhere, not least against Kurdish fighters in northern Syria.
Last month, Turkish warships were ordered to prevent drilling operations by ENI, an Italian energy company commissioned by Cyprus’s government, in what was seen as a brazen act of brinkmanship.
Turkey argues the self-proclaimed Turkish republic of Northern Cyprus should also be allowed to exploit the offshore wealth, claiming that areas designated for drilling fall under Ankara’s maritime jurisdiction or that of the Turkish Cypriots.
is finished !. They sold your info to everybody for money ! They made you vulnerable to mining thieves ,iIdentity thieves,Political election corruption ……..ZUCK is finished ,spell his name with an “F”.
Only snowflakes can be this stupid.
and yes……. he looks as guilty as sin.
are root cause of all Americas problems and corruption of Democrats ,its no wonder Trump scares the crap out of them .He understands where the problem is ,also some Republicans that have been doing what Dems do ,selling out Americas interests for personal gain .”Make America Great again” means they are finished and maybe going to jail when the public learns WHO sold them out.
Putin understands Trumps problem ,Trumps not willing to kill the opposition like the Clintons did and its easier for Putin when he has that option open.Remember Clinton studied in Russia and learned all the tricks from the KGB about killing the opposition.They taught him.! Bill Clinton is a Hard Core KILLER with training by the old KGB.He went to school there !
here….
scum = as popular as chronic diarrhea in a space suit.
yr 17.29
That maybe the next stage of the revolution, closeing down the CB’s and letting the mkts set rates.
Peer to Peer lending can take out the Banksters, the comming next crash, which the CB’s will not be able to fix, may finish them…..etc.
New Georgia line and the Saturday football special.
I’m guessing farmboy might be onboard.
http://www.railpictures.net/photo/651303/
I’m not sure of the mechanics of it but it would seem that what you suggest Could happen. Maybe there will be a run on the Chinese gold …to prevent that there may be some obstructions to go through before being allowed to convert to gold? I guess we’ll have to see what happens.