The Chart of the day is via Chris Vermeulen from the goldandoilguy.com and shows a comparison of the price performance of Lehman Brothers in 2008 to the current price performance of Deutsche Bank today. With a number of European and US banks having similar charts to Deutsche Bank and the bank index not confirming recent new highs in the broader market, once can all but wonder if a repeat of 2008 is on the cards:
Bill Ackman Wants Firm’s Listing On Amsterdam Stock Exchange Dropped After
Antisemitic Attacks
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The hedge fund billionaire said “events” in Amsterdam were an “appropriate
tipping point,” after dozens of people were arrested for antisemitic
attacks in ...
17 minutes ago