Markets

DEUTSCHE BANK: Western Economies Are Screwed, And Investors Face A ‘Disturbing Paradox’

[credit provider=”Wikimedia Commons” url=”http://commons.wikimedia.org/wiki/File:Archimedes_lever.png”] In a new report entitled Gold: Adjusting For Zero, Deutsche Bank analysts Daniel Brebner and Xiao Fu paint an incredibly dark picture of the bind the global economy is in right now.Brebner and Xiao are pretty frank about how levered up the financial system is at the […]
DEUTSCHE BANK: Western Economies Are Screwed, And Investors Face A ‘Disturbing Paradox’
Markets

Jamie Dimon Has Exposed A Huge Financial Loophole

[credit provider=”CNBC screenshot”] The Commodity Futures Trading Commission, the main regular of derivatives (bets on bets), wants to extend Dodd-Frank regulations to the foreign branches and subsidiaries of Wall Street banks.Horror of horrors, say the banks.
Jamie Dimon Has Exposed A Huge Financial Loophole
Markets

Ken Rogoff: It’s Not Just Greece

[credit provider=”Bloomberg Television” url=”http://www.bloomberg.com/video/84868282/”] All eyes are on Greece as debt swap talks are still at an impasse, and the country inches closer to default.In a new interview with Bloomberg TV, Ken Rogoff, former chief economist at the IMF, notes that Europe isn’t prepared for a Greek default.  But he […]
Ken Rogoff: It’s Not Just Greece