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The Yield Curve Flattens And Bank Stocks Plunge. Here’s The Connection – And The Prediction

The Yield Curve Flattens And Bank Stocks Plunge. Here’s The Connection – And The Prediction Despite all the ominous press being devoted to the soon-to-be-inverted yield curve, it’s not always clear why such a thing matters. In other words, how, exactly does a line on a graph slipping below zero translate into a recession and […]

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Global Banking Stocks Are Crashing Hard – Just Like They Did In 2008

Global Banking Stocks Are Crashing Hard – Just Like They Did In 2008 Global stocks are falling precipitously once again, and banking stocks are leading the way.  If this reminds you of 2008, it should, because that is precisely what we witnessed back then.  Banking stocks collapsed as fear gripped the marketplace, and ultimately many […]

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Spain’s Supreme Court Flip-Flops on Mortgage Ruling After Just 1 Day Amid Bank Stocks Bloodbath, Legal Shitstorm Erupts

Spain’s Supreme Court Flip-Flops on Mortgage Ruling After Just 1 Day Amid Bank Stocks Bloodbath, Legal Shitstorm Erupts Plunging bank stocks got the Court’s attention, or something. That was fast: Spain’s Supreme Court on Friday flip-flopped on its own ruling announced on Thursday that had sent bank stocks plunging. It started like this: Thursday morning, […]

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Are We Living In “A Riskless World”, Deutsche Asks

Are We Living In “A Riskless World”, Deutsche Asks Two weeks ago, when looking at the performance of bank stocks, Deutsche Bank’s Oleg Melentyev noticed that the ongoing collapse in US bank stocks relative to the change in the S&P from all time highs was starting to hint at patterns last seen just before the […]

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Olduvai IV: Courage
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Olduvai II: Exodus
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