CAPITAL-MANAGER-Market-Ticker 12.10.22:
MACRO – Bank of England on the brink of collapse?
SECTORS – Other Banks also Wobbling!
ANNEX – Attention: Reporting Season!
MACRO – Bank of England on the brink of collapse? After the English central bank had to step in with 65 billion overnight last week to prop up the bonds, the biggest shock could follow. Consequences: Lehman Brothers was a Bust.
SECTORS – Other Banks also Wobbling! This week, the big investment firms: Blackrock, JP Morgan, Morgan Stanley, UBS. Credit Suisse and Deutsche Bank are also wobbling as credit default swaps have rocketed.
ANNEX – Attention: Reporting Season! – The current reporting season suggests a profit warning scenario for all asset classes. Therefore, precious metals should be more in focus as a counterbalance.