We were already tipped off long ago about gold in a world of negative interest rates. Now consider Ray Dalio’s Long-Term Debt Cycle Charts (over at Barry Ritholtz’s The Big Picture.)
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From Mr. Econocobas:
Deutsche Bank Considers Thousands More Job Cuts: Source – Keep watching this. I fully believe that they don’t want this to happen and will do everything they can to help paper it over. But if Deutsche goes down then it will make Bear Stearns and Lehman Brothers seem like just a walk in the park. It is noteworthy that Deutsche has some of the largest derivative positions in the world.
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Uber and Lyft are demolishing New York City taxi drivers
CitiBank Is Worried About the Political Winds Blowing Against Yellen.