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beri beri messy, the words i like to use to describe the current financial markets. the other day, OPEC agreed to cut oil production. i thought the oil glut going to be over. later that day, news came that iraq and a few others disagree. knn, Nostradamus predicted world war III started from middle east. i have no doubt about it.
i am sure they Deutscheland won't let DB fail, worse to worse, politicians get involved and bail them out but now commerz bank also get into trouble. looks like what i mentioned last week is turning up, buying USD and gold concurrently.
German govt can easily save DB with their financial might. The German bunds are still trading in negative yield territory = cheap money readily available to buyout DB if they have to.
Just that the DB existing shareholders will be diluted.