All the talk was about a possible credit crunch, as banks pull back their lending….that is a given and that Commercial Property will be the next shoe to drop……tks to WFH and credit crunch.
Deutsche bank could have been a spoof based off hedge funds buying their CDS and starting a rumour….I am not hearing/seeing any particular news on DB, to cause problems and for once it does seem they have cleaned up their act…but longer term they will not escape the economic problems hitting Germany……unless Net Zero is really cancelled, it will cripple Germany, as their auto industry is so large.