OCT 4, 2016
TradeSnoop tell's us that Deutsche Bank is on everyone's mind, but very few know exactly wh
The financial media wants to blame DB's woes on the proposed $14 billion settlement with the DOJ in relation to mortgage backed securities from the housing bubble era. That too is just a symptom and not the cause.
In reality, there is something bigger that has been building for weeks if not months. This something has forced a total re-think of immediate liquidity priorities globally. This something bigger is right there in the open for all to see with only a bare minimum of effort. While attention is being focused on Deutsche Bank, it is only because they are the most visible symptom. This is a systemic issue that is as plain as day.