Newsng the Deutsche Bank into context, type that into the bloomberg right now. What we have done for you, just bear with us. The white line is the size year to default for Deutsche Bank. This is the cost of a fiveyear credit swap, five years ago in 2011 at the height of the banking crisis. But the eye of the storm of the banking crisis, the cost of default back in 2011 was extremely explosively higher, where we are with Deutsche Bank right now. The question is in 2011, as our guest host, will explain a solvency issue and not profitability issue. This is in heart of the banking issue. Is the Systemic Risk . Makesand that chart things a little less worrying i suppose. We saw the respite for Deutsche Bank in yesterdays trading session. Just to highlight what he is been saying overnight capital raising, is currently not an issue, accepting Government Support is out of the issue. They will hold out overcast worried about u. S. Being overblown. That is Deutsche Bank. Manus the one thing i wi
Weve got inventory numbers that indicate we have oil coming out of our eyeballs. How much . Total petroleum rose to 2. 1 billion barrels. Were being flooded with crude from overseas and still pumping here. Weve found a triple off the bottom. Theyve found out how to get more out of the ground than they could two years ago. In the last 18 months it should dazzle silicon valley. The reduction of Oil Consumption because of newer and more investors must presume there must be slackening in demand due to a weakening of the economy. They never stop to think about innovation, technology. I get that. One of the things weve experienced this summer is the resurgence of things like housing, all because of job growth. However, in order for the stock market to absorb the rate hike, weve got to feel confident the economys firing on all cylinders, dont we . Theres no way we can fuel that if our best thermometer of the economy, oil, is falling out of bed. Now i think the preoccupation with oil is positi
Crushed so badly, down 1. 78. Weve got inventory numbers that indicate we have oil coming out of our eyeballs. How much . Total petroleum rose to 2. 1 billion barrels. Were being flooded with crude from overseas and still pumping here. Weve found a triple off the bottom. Theyve found out how to get more out of the ground than they could two years ago. In the last 18 months it should dazzle silicon valley. The reduction of Oil Consumption investors must presume there must be slackening in demand due to a weakening of the economy. They never stop to think about innovation, technology. I get that. One of the things weve experienced this summer is the resurgence of things like housing, all because of job growth. However, in order for the stock market to absorb the rate hike, weve got to feel confident the economys firing on all cylinders, dont we . Theres no way we can fuel that if our best thermometer of the economy, oil, is falling out of bed. Now i think the preoccupation with oil is po
Well talk about what is happening with the shipping story. Global trade, a little bit later on as well. Looking forward to that conversation. Then we get to Deutsche Bank. A big story. Jonathan in the news once again. The management is the bank is solid. Thewe understand that management is considering a bond buyback. The damage has been done. You wonder whether that can last. Guy i think there is a lot of communication that needs to happen. These guys will be spending amounted over the next couple of weeks. Trying to figure out exactly where they stand and where the future lies. That will be a big feature of the Banking Sector. Versed, lets get to Caroline Hyde. Caroline the antiestablishment candidates have claimed victory in the New Hampshire primary. Easily over Hillary Clinton which means the democrats can be heading for a long nomination fight. A crowded republican field with john kasich in second place. 2016 goldmanto sachs has abandoned five of its six recommended top traits. Th
Crisis . Are we there yet . Stay tuned for that. Later on, commerzbank, some good news. Swinging to a profit. It is the Consumer Bank profit that surges. We have got to talk about that. Of course, jpmorgan. Jamie dimon mopping up the stock. Guy corporate buyback. Lets get you up to speed with all of the news and detail. Caroline the reserve bank of australia is giving the door open for further rate cuts. Governor Glenn Stevens told a Parliamentary Panel that the countrys economy has the flexibility for further easing. He said the board is weighing the sustainability. The u. S. , russia, and other powers have act and accord. It demands the immediate delivery of humanitarian assistance to besieged areas. We are doing everything to try to bring an end to this conflict. In a way that results in a ,nified, nonsectarian minorityprotecting, secular, whole state. Dimon spendsie 26. 6 million buying shares of yesterday. That is after they tumbled to the lowest price in more than two years. A so