Swan Watch: Deutsche Bank Tanks

The markets are about €0.53 away from having a Jackie Moon moment when Deutsche Bank’s stock becomes a single digit midget (non-p.c., my bad).  As per September 2016, when it traded single digits for a few nanoseconds,  we are not so sure the financial authorities will allow it to get or stay there.

ZH out with a good piece today on the market dynamics when a TBTF bank — and Deutsche ranked the world’s most dangerous — stock enters the death spiral. Unpredictable nonlinear dynamics take over.

Watch this space.  Not even close to registering on the markets’ radar.

The macro swans continue to gather.

 

May24_DB

This entry was posted in Banking, Black Swan Watch, Uncategorized and tagged , . Bookmark the permalink.

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out /  Change )

Google photo

You are commenting using your Google account. Log Out /  Change )

Twitter picture

You are commenting using your Twitter account. Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. Log Out /  Change )

Connecting to %s

This site uses Akismet to reduce spam. Learn how your comment data is processed.