Category: Money Matters

Pope Francis Now International Monetary Guru?

Pope Francis Now International Monetary Guru?

Submitted by Antonius Aquinas via AntoniusAquinas.com, Neo-Marxist Pope Francis As the new year dawns, it seems the current occupant of St. Peter’s Chair will take on a new function which is outside the purview of the office that the Divine Founder of his institution had clearly mandated.  Besides being a...

Deutsche Bank Stock Slides As Short-Term Funding Cost Rises

Deutsche Bank Stock Slides As Short-Term Funding Cost Rises

As the powers-that-be play whack-a-mole with various systemic risk indicators, desperately tamping down contagion concerns, amid no progress in strengthening the world’s most systemically dangerous bank; we warned two weeks ago of yet another canary in the coalmine of Deutsche Bank’s demise (that no one was looking at). This week,...

Barclays Warns The Party Is Almost Over As Payouts Exceed Cash Flow By $115 Billion

Barclays Warns The Party Is Almost Over As Payouts Exceed Cash Flow By $115 Billion

Over the past several years, there have been two primary sources of upside for the stock market: trillions in corporate buybacks, as companies themselves engaged in record repurchases of their own stock, often at price indiscriminate levels in a bid to not only raise the stock price but also the...

Brexit ‘Disaster’ Propels British Stocks To Record Highs

Brexit ‘Disaster’ Propels British Stocks To Record Highs

Far from being a financial catastrophe as predicted, the aftermath of the Brexit vote has seen British stocks soar over 20% to all-time high ground. As veterans of many decades in the financial markets, one thing we can tell you with a reasonable degree of certainty is this:using news events...

IMF warns of financial stability risks

IMF warns of financial stability risks

By Andrew Walker The International Monetary Fund (IMF) has warned that risks to financial stability are growing. It warns about what it calls “medium-term” dangers in both emerging and developed economies, in its twice-yearly report. It expresses particular concerns about Europe, Japan and China. On a more positive note, the...