To be completely honest, when I saw what happened today in the first minutes of trading in the Japanese stock market, my jaw dropped to the floor. I could not believe my eyes, literally. The outcome of Japan’s elections has been quite bad, with the government in charge effectively now…
Category:Stocks
CRE CRISIS: HIDDEN LOSSES AND QUESTIONABLE OPTIMISM IN DEUTSCHE BANK’S Q3-24 REPORT
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…
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…
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…
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…
MOUNTING SIGNS OF LIQUIDITY PROBLEMS AMONG LARGE US AND UK BANKS
The past week has been incredibly interesting, to say the least. For the first time since the 2020 COVID crisis, we saw the FED Standing Repo Facility being tapped for a significant size by at least one bank (IF “EVERYTHING IS AWESOME” WHY THERE IS AT LEAST ONE LARGE BANK…
IF “EVERYTHING IS AWESOME” WHY THERE IS AT LEAST ONE LARGE BANK THAT COULDN’T FIND LIQUIDITY IN THE OPEN MARKET AND NEEDED IT FROM THE FED?
Yesterday was the end of the third quarter of the year, which means banks (along with brokers and asset managers) were busy “window dressing” their books to make sure they looked as good as possible by the time the quarter-end snapshot of their financials was taken. Bank goals heading toward…