Bailins Coming In EU - 114 Italian Banks Have NP Loans Exceeding Tangible Assets
Bailins Coming In EU - 114 Italian Banks Have NP Loans Exceeding Tangible Assets
Bailins Coming In EU - 114 Italian Banks Have NP Loans Exceeding Tangible Assets
Special Counsel Robert Mueller has subpoenaed Deutsche Bank, demanding that it disclose details of transactions and documents on accounts help by President Trump and members of his family as the "Russian collusion" probe now turns its attention to Trump's bank accounts. According to Handelsblatt, which first reported the news, the bank received the subpoena several weeks ago.
One look at S&P futures this morning reveals an unchanged market, however it is again the violent sector rotation that is taking place behind the scenes that is the real story, with defensive sectors real estate, retail, food, utilities outperforming while investors continue to bail and book profits on tech stocks after sharp gains since the start of the year.
Rig For Stormy Weather
Posted with permission and written by Gary Christenson, The Deviant Investor
E-mini S&P 500 Futures (ES)
Based on candlestick wick analysis and data across all three primary US futures contracts, there is less selling pressure than ever before.
Not since xyz, not since insert year here... there is less selling pressure than ever. But everything's awesome, right? Just BTFD, right?