More context on DB
Chart depicts DB stock price vs german-italien yield spread.
The bank is a very troubled institution and maybe the institute with the highest systemic risk worldwide. The fate of the bank is directly connected to the fate of the Eurozone, where spreads are blowing out and inflation is about to skyrocket, if Russia does not turn on gas flows after routine maintenance in July.
If Europe falls, DB falls and vice versa. There is a WhatsApp story out there, but the bank has much deeper problems, believe me. Maybe more on that later.
The bank is a very troubled institution and maybe the institute with the highest systemic risk worldwide. The fate of the bank is directly connected to the fate of the Eurozone, where spreads are blowing out and inflation is about to skyrocket, if Russia does not turn on gas flows after routine maintenance in July.
If Europe falls, DB falls and vice versa. There is a WhatsApp story out there, but the bank has much deeper problems, believe me. Maybe more on that later.
כתב ויתור
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