it's coming! banks are in trouble!!!

this is the time to see how strong our banks are!:(


U.S. Futures Fall After Bank Rout Sends S&P 500 to Two-Year Low

U.S. stock-index futures extended declines as oil erased an advance, a signal that the rout that dragged the Standard & Poor’s 500 Index to the lowest in 22 months will continue.
Contracts on the S&P 500 expiring in March fell 1 percent to 1,832.75 at 8:35 a.m. in New York, mirroring declines in European shares as oil wiped out an earlier rebound from a three-day selloff. Futures on the Dow Jones Industrial Average lost 169 points, or 1.1 percent, to 15,819. Nasdaq 100 Index contracts retreated 1.2 percent.
“Our clients are not buying the dip like they did before,” said Kully Samra, who manages U.K. clients for Charles Schwab Corp. in London. “Economic data has been mixed, corporate margins aren’t expanding and sales haven’t been great. The market is lacking catalysts, and buyers can’t be lured just on valuations anymore.”

http://www.bloomberg.com/news/artic...-changed-after-s-p-500-slumps-to-two-year-low

i think pm lee may be wrong in his wishes:


Don’t fear a severe economic crisis this year, says PM Lee

“I know that the economic outlook is filled with uncertainty. The world economy is slowing, and even China’s economy is softening. Stock markets around the world are down. Business sentiment in Singapore is guarded,” he said.

https://sg.finance.yahoo.com/news/don-t-fear-severe-economic-030200072.html

He said don't fear, not won't have.

Rogers promises to short US futures. Wont b surprised there r loads of opportunists out there rocking the boat. Need to see the circuit breaker to confirm a real tidal waves.

krafty said:

this is the time to see how strong our banks are!:(


U.S. Futures Fall After Bank Rout Sends S&P 500 to Two-Year Low

U.S. stock-index futures extended declines as oil erased an advance, a signal that the rout that dragged the Standard & Poor’s 500 Index to the lowest in 22 months will continue.
Contracts on the S&P 500 expiring in March fell 1 percent to 1,832.75 at 8:35 a.m. in New York, mirroring declines in European shares as oil wiped out an earlier rebound from a three-day selloff. Futures on the Dow Jones Industrial Average lost 169 points, or 1.1 percent, to 15,819. Nasdaq 100 Index contracts retreated 1.2 percent.
“Our clients are not buying the dip like they did before,” said Kully Samra, who manages U.K. clients for Charles Schwab Corp. in London. “Economic data has been mixed, corporate margins aren’t expanding and sales haven’t been great. The market is lacking catalysts, and buyers can’t be lured just on valuations anymore.”

http://www.bloomberg.com/news/artic...-changed-after-s-p-500-slumps-to-two-year-low

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hahahha. damn right I am . I predicted this massacre 6 months ago in this forum and gave tips for them to get out (esp get the hell out of china stocks) and warned alot of idiots here that the ultimate perfect storm is coming but got laughed at. worst than 2008, 1997 and 2003 combined. NOw I am laughing my ass off!!! hahahahh China stocks in shits, US stocks soon going to in the dumps, Europe? they are still recovering or still dying depending on how you look at it. Japan is going into negative interests!! recession and depression basically combined into one. even Nikkei have started to crash today. wah laio best fireworks all over the world.
sinkie stocks have crashed 30% since start of 2016!!!!another 30% crash soon to come and next when they hike the interest rates all hell would break loose in banks and properties. hahahahahahhah. huat ah!!! tip of the day, when the shitty times and MSM stop boasting about the economy, you know it is too late and shits have hit the fan. even temasik and mas have incurred huge losses.
cash is king!!!!

I think these links below are pretty good reads. One thing seems to be certain: the petrodollar is dying.

The Global Economic Reset Has Begun
The Secret Global Reset Agreement
Looming Economic ‘Reset’ Should Terrify Investors
Global Economic Reset – When Will the Economy Restart?
Goodbye Petrodollar: Russia Accepts Yuan, Is Now China's Biggest Oil Partner

it is a bad sign when they have to do this..

Germany's Deutsche bank in trouble?

http://www.silverdoctors.com/after-...d-to-issue-statement-defending-its-liquidity/
the echoes of both Bear and Lehman are growing louder with every passing day.

From Tyler Durden, ZeroHedge:

“Today Deutsche Bank published updated information related to its 2016 and 2017 payment capacity for Additional Tier 1 (AT1) coupons based on preliminary and unaudited figures. The 2016 payment capacity is estimated to be approximately EUR 1 billion, sufficient to pay AT1 coupons of approximately EUR 0.35 billion on 30 April 2016.”

Just hours after Deutsche Bank stock crashed by 10% to levels not seen since the financial crisis, the German behemoth with over $50 trillion in gross notional derivative found itself in the very deja vuish, not to mention unpleasant, situation of having to defend its liquidity and specifically assuring investors that it has enough cash (about €1 billion in 2016 payment capacity), to pay the €350 million in maturing Tier 1 coupons due in April, which among many other reasons have seen billions in value wiped out from both DB’s stock price and its contingent convertible bonds which are looking increasingly more like equity with every passing day.

As a reminder, the last time serious “developed market” banks had to publicly defend their liquidity, the result was a multi-trillion taxpayer bailout.

However, there is probably some time before that happens: first German regulator Bafin will likely ban short selling in Deutsche Bank shares. That always is the first step in the endgame.

For now, however, the market is no longer asking questions but merely selling: Deutsche CDS has entered the dreaded “viagra” formation at 245 bps and going vertical.

iv seen the tyler durden name before.....from a movie or something...i think he was the guy from the movie "fight club".

Manager said:

Just hours after Deutsche Bank stock crashed by 10% to levels not seen since the financial crisis, the German behemoth with over $50 trillion in gross notional derivative found itself in the very deja vuish, ...

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That $50 trillion needs to be wiped out in the global economic reset. Better get your monies out of Deutsche Bank or any European bank while you still can. I hear they are converting to bail-ins, where your deposits inside the bank is used to pay off its debts. You get nothing back. Zilch. Zero. Nada.

January 1, 2016: The New Bank Bail-In System Goes Into Effect In Europe

just met my rich uncle over new year, he told me that this year going to be bad. as a private banking customer, according to him, this year, the banks in s'pore all cut on hampers and lavish dinner parties.

krafty said:

just met my rich uncle over new year, he told me that this year going to be bad. as a private banking customer, according to him, this year, the banks in s'pore all cut on hampers and lavish dinner parties.

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they learning from istana to order nasi lemak and roti pratas instead?

krafty said:

just met my rich uncle over new year, he told me that this year going to be bad. as a private banking customer, according to him, this year, the banks in s'pore all cut on hampers and lavish dinner parties.

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Maybe your uncle know me.
I stay at white house park.
All my neighbour are well know business man

UOB and DBS no sign of retrenchments?

Ralders said:

Maybe your uncle know me.
I stay at white house park.
All my neighbour are well know business man

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you big hole pussy talk machiam machiam black hole

hip hip hurray!