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Posts Tagged ‘banks’

World’s Biggest Asset Manager Downgrades European Banks To Sell, Expects Global Slowdown

July 6th, 2016

europeanTyler Durden:  Exactly one month ago we reported that BlackRock, the world’s largest asset manager, had downgraded global equities to Neutral, saying “U.S. valuations are elevated.” Read more…

NASDAQ:EUFN, NYSE:VGK, NYSE:XLF

European Banks Have Their Worst Two Day Stretch EVER As The Global Financial Crisis Intensifies

June 28th, 2016

banksOver the last two trading days, European banks have lost 23 percent of their value.  Let that number sink it for a bit.  In just a two day stretch, nearly a quarter of the value of all European banks has been wiped out.  Read more…

NASDAQ:EUFN, NYSE:XLF

Financial Sector Sends Mixed Signals As Earnings Approach

April 13th, 2016

financial banksRick Pendergraft:   Last week, I wrote about the energy sector and how we were getting mixed signals from the daily charts versus what we are seeing from the weekly charts. Read more…

NYSE:FAS, NYSE:FAZ, NYSE:XLF

Citigroup Inc, Bank of America Corp, Wells Fargo & Co: A “Massive” New Headache For Banks Has Emerged

April 12th, 2016

banksTyler Durden:  We have closely watched the spring borrowing-base re-determination period for US shale drillers because for many cash burning oil and gas companies it could mean the difference between survival and a quick death in bankruptcy court, as it represents the semi-annual event Read more…

NYSE:FAS, NYSE:FAZ, NYSE:XLF

Global Central Banks Consider Distributing Money Directly To The People

March 22nd, 2016

cashShould central banks create money out of thin air and give it directly to governments and average citizens?  If you can believe it, this is now under serious consideration.  Read more…

ETF BASIC NEWS

U.S. Existing Home Sales Fall By The Most In Six Years

March 22nd, 2016

real estateWe just got more evidence that a major economic slowdown is underway here in the United States.  Existing home sales were down a whopping 7.1 percent during the month of February, and this represented the biggest decline that we have seen in six years.  Read more…

NYSE:IYR

The Collapse Of Italy’s Banks Threatens To Plunge The European Financial System Into Chaos

March 9th, 2016

banksThe Italian banking system is a “leaning tower” that truly could completely collapse at literally any moment.  And as Italy’s banks begin to go down like dominoes, it is going to set off financial panic all over Europe unlike anything we have ever seen before.  Read more…

NYSE:VGK

Preferred Stock ETFs Dodge Bullets From Banking Sector

March 2nd, 2016

new etfsDavid Fabian:  Preferred stock ETFs were once considered a tiny corner of the alternative income marketplace that had dodged the bullet of credit contraction. High yield mainstays like junk bonds, master limited partnerships, and even REITs have felt the pain Read more…

NYSE:KBE, NYSE:PFF

Financial Sector ETF: Breaking Down or Primed for a Bounce?

January 29th, 2016

financial banksRick Pendergraft:  The materials sector has been the worst-performing sector so far in 2016, but do you know which sector is the second-worst performer? Most people would probably say energy because there has been so much press coverage about the fall in oil prices and the noticeable drop in gas prices each time we stop to fill up. Read more…

NYSE:XLE, NYSE:XLF

How Much Further Will Stocks Fall?

January 19th, 2016

Wall streetDid you know that 15 trillion dollars of global stock market wealth has been wiped out since last June?  The worldwide financial crisis that began in the middle of last year is starting to spin wildly out of control.  Read more…

NYSE:DIA, NYSE:SPY

The Oil Crash Of 2016 Has The Big Banks Running Scared

January 19th, 2016

short-oil-etfLast time around it was subprime mortgages, but this time it is oil that is playing a starring role in a global financial crisis.  Read more…

NYSE:DIA, NYSE:SPY

2016 Will Be A ‘Cataclysmic Year’ And ‘Investors Should Be Afraid’

January 13th, 2016

market-fear-panicThe Royal Bank of Scotland is telling clients that 2016 is going to be a “cataclysmic year” and that they should “sell everything”.  This sounds like something that you might hear from The Economic Collapse Blog, but up until just recently you would Read more…

NYSE:DIA, NYSE:SPY

Financial Armageddon Approaches As U.S. Banks Have 247 Trillion Dollars Of Exposure To Derivatives

December 30th, 2015

banksDid you know that there are 5 “too big to fail” banks in the United States that each have exposure to derivatives contracts that is in excess of 30 trillion dollars?  Read more…

ETF BASIC NEWS

Big Banks Caught Using Credit Default Swaps To Destroy Nations

December 15th, 2015

banksJeff Nielson:  At the beginning of 2010, readers were presented with what was (at the time) merely a theory. The Big Bank crime syndicate was engaged in the serial manipulation of credit default swaps, in order to (among other things) destroy the economies of entire nations. Read more…

NYSE:XLF

Bank of America Corp Forecasts No Recession Until 2027 (If Ever), Sees S&P At 3,500 In 10 Years

December 2nd, 2015

Economy recessionTyler Durden:  A year and a half ago, in May of 2014, when Bank of America’s chief economist Ethan Harris decided to try his hand at long term (really long-term) forecasts, he made several predictions: that 2015 GDP would be 3.3%, that the long-term Read more…

ETF BASIC NEWS




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