How is it possible that Deutsche Bank’s provisions for credit losses related to Commercial Real Estate (CRE) loans DECREASED by 34% compared to Q2-24? No, I am not joking; it is right there hidden in the fine print of the bank’s Q3-24 report as you can see below. Furthermore, “The…
Category:Markets
THE FED’S HIDDEN QE: HOW BANKS ARE PROPPING UP ASSET PRICES AT THE COST OF FUTURE INFLATION
A few days ago in “EXPOSING THE ILLUSION: HOW MODERN ECONOMICS FUELS WEALTH INEQUALITY AND ZOMBIE MARKETS,” I discussed how current economic theories, often used to guide market decisions, are being contradicted by the actual results they produce. Right now, many are puzzled by how the USD, US yields, and…
HOW THE BIDEN ADMINISTRATION SET UP MINE FIELDS ALL OVER THE US ECONOMY TO UNDERMINE THE FUTURE GOVERNMENT IN CASE THEY LOSE ELECTIONS
First of all, for those not familiar with it, let me quickly describe what is a minefield. Literally speaking a minefield is an area planted with explosive devices designed to deter or damage enemy forces, and it is primarily used as a defensive measure to control movement and protect strategic…
THE ECB: EUROPE’S CONTRADICTIONS BUREAU, NOT JUST THE EUROPEAN CENTRAL BANK
Let’s dive into the latest ECB press release, specifically focusing on the main reason behind their decision to cut rates by 25 basis points today: “Inflation is expected to rise in the coming months, before declining to target in the course of next year. Domestic inflation remains high, as wages…
GPUs OVERSUPPLY IS ALREADY HERE – HOW ASML’S MISTAKE EXPOSED NVIDIA’S CASTLE OF LIES
No, I am not going to begin talking about what happened yesterday with ASML. Before we get there, we need to start from the 11th of October when this article (of course totally ignored by MSM and Social Media busy broadcasting the latest phenomenal predictions Jensen Huang was spitting out…
TODAY “EVERYTHING WILL BE AWESOME” FOR BANK OF AMERICA
Last week, Warren Buffett officially cut Berkshire Hathaway holdings in Bank of America to less than 10% ownership of the bank. Going forward, he will not be subject to prompt disclosures applied to “insiders”. In other words, he will be able to sell BAC shares at a faster pace without…
EXPOSING THE ILLUSION: HOW MODERN ECONOMICS FUELS WEALTH INEQUALITY AND ZOMBIE MARKETS
Two months ago, in FINANCIAL MARKETS REACHED A “SINGULARITY” NO ONE WANTS TO DEAL WITH, I tried to highlight how legacy economic theories—built on assumptions that never fully materialized decades ago—are now ineffective in today’s economic context. In that article, I emphasized five key points: Today, @thesiriusreport posted one of…
THE SMOKING GUN THAT PROVES HOW OPENAI IS MICROSOFT’S REVENUES LAUNDROMAT
First of all, I would like to praise The Information for its excellent work in doing proper journalism, something that nowadays is more unique than rare, sadly. Let’s start with the explosive article just published and that, of course, barely caught the attention of mainstream media that are being very…
THE PROS AND CONS OF TECHNICAL ANALYSIS: A USEFULT TOOL, BUT ALSO A TRAP FOR BEHAVIOURAL BIASES
I don’t expect many traders to truly reflect on the pitfalls of technical analysis, even after countless trading mistakes have already been made. While its value might seem obvious to anyone dazzled by the endless price charts and patterns, those who fall victim to its traps often don’t realize what’s…
THIS IS TRULY THE GOLDEN AGE FOR FRAUDS – BUT A REAL LIFETIME OPPORTUNITY IS ALSO COMING
I do not expect many people to learn a lesson from what happened today in Hong Kong’s stock market. While the hype fades in this corner of the market, it will surely resurface in another corner. Perhaps in the US, where fraudulent trading has been running wild in the past…