Post Profile






Rumor Rescues Deutsche From Banking Bloodbath But Gold Tops Stocks In September

Seriously... Let's get this Deutsche Bank debacle out of the way first. A rumor - started by Jim Cramer, expanded by a number of twitterati, picked up by Bloomberg, then reported by AFP somehow managed to create a short squeeze rip higher in Deutsche ADRs... Some context for the 'recovery' But the yield curve wasn't supportive... And CDS wasn't buying it... And that was enough to spark a buying panic is US equities.
read more

share
See more about: Deutsche Bank

Related Posts


Bank stocks lead a rebound on Wall Street

Business & Finance : LA Times: Business

Stocks closed higher on Wall Street, led by big gains in bank stocks. Financial stocks bounced back Friday after a big drop a day earlier as worries eased over the outlook for Deutsche Bank, Germany's biggest lender. Deutsche Bank's...

Deutsche Bank shares and US stocks are soaring (DB, SPY, SPX, DJI, IXIC)

Business & Finance : Business Insider: Money Game

US stocks opened higher for trading on Friday and accelerated gains after AFP reported that Deutsche Bank is near a $5.4 billion settlement with the US government over mortgage-backed securities. Germany's largest lender has been th...

STOCKS RISE: Here's what you need to know

Business & Finance : Business Insider: Money Game

Stocks opened higher on Friday, and then picked up greater speed after AFP reported that Deutsche Bank is near a $5.4 billion settlement with the US government over mortgage-backed securities — far smaller than the initial Departmen...

Stocks Soar After French Press "Confirm" Deutsche Bank Near Settlement With DOJ

Business & Finance : Zero Hedge

Seemingly confirming the rumor, Agence France Press reports that Deutsche Bank is nearing a $5.4 billion settlement with the US Justice Department. This has catalyzed another leg higher in Deutsche Bank stock and lifted the whole ma...

German Media Says Merkel Can Not Afford To Bail Out Deutsche Bank

Business & Finance : Zero Hedge

Having kept mostly silent during the past week when Deutsche Bank stock was crashing, its default risk soaring, and only a spurious rumor by French AFP, based on a Twitter report, prevented the bank's stock from going into a three d...

Comments


Copyright © 2016 Regator, LLC