Don’t Worry, Deutsche Bank Only Down 16%

The ECB will not allow a crash. That I can assure you. So please ignore the following Tweet.

In support of my comforting viewpoint on what the ECB will or will not allow, I present the following concrete evidence.

Deutsche Bank Weekly Chart

DB 2016-06-23


Please don’t worry about any of that, just focus on the bigger picture.

DB 2016-06-23A



I am not quite sure that is the picture I want to present to support my “don’t worry” case.

I have comforting news somewhere. Oh, here it is. I found it.

Deutsche Bank’s Derivatives Casino

Please consider my April 15 post Investigating Deutsche Bank’s €21 Trillion Derivative Casino in Wake of Admission it Rigged Gold and Silver.

I made a slight error in that article so here is an update.

DB 2016-06-23B



There’s nothing at all to worry about.

As of its 2015 annual report, Deutsche Bank had a mere €32.87 trillion position in interest rate derivatives and a minuscule €6.3 trillion position in currency derivatives.

What can possibly go wrong with that?

Disclaimer: The content on Mish's Global Economic Trend Analysis site is provided as general information only and should not be taken as investment ...

How did you like this article? Let us know so we can better customize your reading experience.


Leave a comment to automatically be entered into our contest to win a free Echo Show.