Its that time of the week again when the US futures markets open for business, oh and then get shutdown 5 minutes later due to another crash. CNBC reports: U.S. stock futures opened sharply lower on Sunday night as Wall Street waits on Washington to agree to an economic stimulus and rescue plan to combat the giant economic blow from …
Deutsche Bank has been a constant headache for the United States financial system. Because it is heavily intertwined via derivatives with the big banks on Wall Street including JPMorgan Chase, Citigroup, Goldman Sachs, Morgan Stanley and Bank of America. It has become the dark cloud on the horizon in the same way Citigroup cast a negative pall in the early …
I’m sure you’ve all heard about the issues surrounding Deutsche Bank, well it is looking ever more likely that the massive job cuts being proposed will be signed off. Deutsche Bank is on the brink of ruin, the question is can they pull this card without collapsing the rest of this very fragile house. An economic collapse of epic proportions …
Unless you have been living off the grid or to engrossed in the latest season of your favourite television series you will likely of heard about some mass sell offs in the stock market.