It now appears that a major contributing factor to the abrupt shutdown of the Russia-Trump probe by the House Intelligence Committee was a fear that the Committee was getting too close to Trump’s dealings with Deutsche Bank and Deutsche Bank’s dealings with Russia.... The draft report from the Democrats on the House Intelligence Committee also contains this bombshell: “Moreover, as the Committee has learned, candidate Trump’s private business was actively negotiating a business deal in...
Read More »The Euro Glut: The Summer 2015 Update
Deutsche Bank's George Saravelos was one of the first to use the term "euro glut". He anticipated a massive capital outflow from Europe that countered the huge European current account surplus. The Euro glut also led to the end of the EUR/CHF peg. Reasons are missing investment opportunities in Europe despite the high savings rate.
Read More »