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Mar 27 • 6 tweets • 3 min read • Twitter logo Read on Twitter
🧵Smartkarma #macro #threadoftheday

Bank Watch – Deutsche, Deustche Alles Ist Vorbei
— Andreas Steno @AndreasSteno

1/
Why is Deutsche Bank suddenly selling off violently again without a trigger?

2/
Could the FIMA-repo usage be a hint that a European entity needs USDs?

3/
We look at alternative explanations of the contagion in European banking stocks

4/
In Conclusion:

"Deustche Bank is selling off rapidly without an evident trigger event. What is going on? Is the crisis spreading to Europe and will it turn into a credit crisis? We look at the situation here." — Andreas Steno

5/
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Mar 28
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Mar 27
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