Posted on 10/02/2016 6:53:34 PM PDT by entropy12
Link only...Bloomberg is fussy about copyright issues.
http://www.bloomberg.com/news/articles/2016-09-30/this-chart-predicts-trump-will-win-unless-the-s-p-rallies-in-october
S&P might depend on what Douchebank in Germany does
Deutschebank got a relief when the US toned down its attempt to skim from $15 Bn. The markets were overjoyed. I figured the bank offered 0bama a per$sonal vielen dank.
Douchebank is in BIG trouble. Could it be another repeat of Lehman Bros?
I’m afraid that’s a false glimmer of hope rumor.
TSATHTF
Some Deutsche Bank Clients Unable To Access Cash Due To “IT Outage” | Zero Hedge
Some Deutsche Bank Clients Unable To Access Cash Due To “IT Outage”
Tyler Durden’s picture
by Tyler Durden
Oct 2, 2016 3:22 PM
1.1K
SHARES
Twitter
Facebook
Reddit
While it now seems that Friday’s rumor of a substantially reduced Deutsche Bank settlement with the DOJ, which sent the stock price soaring from all time lows, was false following a FAZ report that CEO John Cryan has not yet begun the renegotiation process, and in the “next few days” is set to fly to the US to discuss the proposed RMBS misselling settlement with the US Attorney General, Germany’s largest lender continues to be impacted by the public’s declining confidence, exacerbated over the weekend by a disturbing “IT glitch.”
Actually, a week or so ago on Varney & Co., they referred to Duetchebank (sp?) as Germany's Lehman Bros.
“Douchebank is in BIG trouble. Could it be another repeat of Lehman Bros?”
Doubtful. Lehman was a spark, the gigantic housing bubble was the fuel.
There doesn’t appear to be anything like the housing bubble for a Deutschebank collapse to trigger.
Here is your link in a clickable format:
There are no spelling police on this thread, so no worries, but anyway it is Deutsche Bank.
Who is holding the $1.3 TRILLION student loans? Who is holding the mortgage loan of the family who bought my condo last week at 50% over what we paid 5 year ago, with 3.5% down (FHA insured of course), who holds the $4 Trillion printed by the FED with various Quantitative easing? You are correct, it is not strictly housing bubble this time, but why do I feel like I am sitting in a giant bubble bath.
They found a dozen boxes in Ohio with Hillary votes wow
Please, somebody, tell Pamela Geller that story is a fake; the pic of the ballot boxes in the warehouse is from a British election in 2015!!!
And here’s the article on the 2015 election in Britain, from which the pic was lifted & then photoshopped & put into that bogus story:
http://www.birminghammail.co.uk/news/midlands-news/election-2015-polling-day-birmingham-9197585
“Who is holding the $1.3 TRILLION student loans?”
My guess is that it’s the investors who own stock or buy paper from Sallie Mae, listed on the NASDAQ.
“Who is holding the mortgage loan of the family who bought my condo last week at 50%...”
It’s surely part of a CDO bundle, sold to investors. Insurance companies and retirement funds buy them for the cash flow.
“who holds the $4 Trillion printed by the FED with various Quantitative easing”
The Fed holds the paper. The banks get cash balances in exchange. QE purchases ended in late 2014.
“but why do I feel like I am sitting in a giant bubble bath.”
There is arguably a bubble in bond prices right now since interest rates are at record lows. When interest rates go up bond prices will tank. But unless the borrowers default the lenders will continue to get paid, which wasn’t the case with mortgage defaults. A lot of the bonds are gov’t issues and depend upon tax receipts. So defaults will depend upon the ability of the issuing govt’s to collect taxes.
And if the bond market tanks, it will take the stock market with it. The bond market is much larger.
But I don’t see a bubble scenario as big as the mortgage bubble. That one caught a whole lot of investment professionals asleep at the switch.
There are many of these never or almost never wrong predictors. They don’t all agree.
I am a bit skeptical. Are they still using ballot boxes up there? I thought the electronic voting machines were everywhere.
You can’t see it because it’s what you live in.
i.e. the bubble today is the world’s economy itself.
We’re like fish that can’t see any water because we’re swimming in it.
Thankfully where I live we still use paper ballots.
We have electronic machines available but they are for the handicapped. Last election no one used those machines.
Agreed, only thing 100% certain is our mortality.
Disclaimer: Opinions posted on Free Republic are those of the individual posters and do not necessarily represent the opinion of Free Republic or its management. All materials posted herein are protected by copyright law and the exemption for fair use of copyrighted works.