By Bill Blain of Mint Parnters
"The Braavosi have a saying too. The Iron Bank will have its due....”
One of the things that’s been niggling me for years has been the question of just how unfixed the European banking sector is.
This morning I’ve attached a note my associate Ben Stheeman and I have put together on Non-Performing Loans (NPLs) in Second Tier European Banking. It’s a simple look at the publically available numbers.
Raw Sugar (ICE SB Oct17) Weekly/Daily/4hr/Hourly
The trial of former Turing Pharmaceuticals CEO Martin Shkreli has been temporarily halted by Judge Kiyo Matsumoto after Shkreli’s lawyer objected emphatically as the prosecution planned to show jurors documents it claims are evidence of fraud committed by Shkreli, without calling witnesses to back them up, according to CNBC.
Authored by Brandon Smith via Alt-Market.com,
In a testament to Chinese oligarchs, criminals, money launderers and pretty much anyone who is desperate to park their cash as far away from the mainland as possible, purchases of US real estate by foreign buyers surged to an all-time high in 2016, according to data from the National Association of Realtors via CNBC.