Economics

Blast From the Past: Gasoline Priced a Mere $1 a Gallon

Big banks’ health is Europe’s big financial concern once again.

Many European banking institutions failed to cope when oil prices plummet seriously. So the stock exchange markets in EU do not tend to grow. There is a growing discontent among those banks investors. Many of them fear the worst – banks mass defaults of obligations.

The price to insure Deutsche Bank’s (DB) debts has increased almost twice over the past few months. Now it reached the highest level since the 2011 turmoil of sovereign debts, according to FactSet. Swiss bank Credit Suisse (CS) is also heavily criticized. The insurance cost of its debt jumped twice as well.

Fears for European banks adds up to global world economy slumps. And sparked rumors

post18_cmp

People still remember the Great Recession of 2008, it looms over investors. It doesn’t take a lot to spook everyone into being afraid that we’re going to have another global financial downturn.Will Smith

Thats Ed Yardmen’s point if view. He’s a president of investment consulting group Yardeni Research. Of course, today’s shortages of banks is not even close to the Great Recession crisis at this moment. And big banks in the America and EU grew much stronger since that turndown. Still, banks are causing some kind of panics this year. Shares of Bank of America (BAC) are down 27% this year while Goldman Sachs (GS) is 18% in the red. By comparison, the Dow is down “only” by 8%. European banks are doing even worse. Euro STOXX bank index lost around 30%, effectively downing to three-year lows. Deutsche Bank has dropped almost half its stock value over the past few months. “Now each bank in Europe and elsewhere is having its investment returns viability placed under big question mark…”. Michael Block, chief market strategist at Rhino Trading, told in a client note. So why do banks globally are having such are a hard time now?

New recession and oil prices effect

First, banks investing groups are on alarm. It is connected with the increased risk of new, bigger global recession. They are afraid that banks, and specifically big European ones  heavily depend on risky trading revenue.  Done instead of more stable and predictable deposits, they could suffer themselves a collapse.

Rumors that Deutsche Bank can be not affording itself to pay off interest rates for some debts due in April were a game changer. It forced Germany’s biggest bank to come out to worrisome investors twice in the course of 24 hours. John Cryan, the bank’s co-CEO, claims Deutsche Bank is “absolutely rock solid.” The other big crisis factor is the drop in commodities price — especially oil. Energy companies took a huge debt burden when oil was being sold at $100 a barrel. Now that it’s at $28, these loan defaults are on the rise and many small and mid-sized oil companies have already filed for bankruptcy.

So, all investors are worried big banks have done nada to brace for the coming uprise of oil defaults. Especially now, as oil tends to stay below $40 threshold for a long time. Will shale loans turn into the 2016 version of subprime for real estate and CDOs, synthetic CDOs? Government bankers are also making investors freaky. For example, U.S. bank stocks came up last year. It happened on a  wave of hopes the Federal Reserve would noticeably up the rates in 2016. Higher rates would have given banks more room to make money. Namely, on the difference between the interest they pay out on deposits and what they are taking on loans and credits.

But the 2016 market disaster has made chances the Fed raises rates much this year almost impossible. Frankly, worldwide central bankers are actively going the other way. The EU Central Bank prints new banknotes daily. It has and has even implied at more stimulus to come. And the Bank of Japan shocked the markets by introducing negative interest rates.

post5_cmp

“The scaring potential for a lengthy zero interest rate environment is spooky. made investors speak up against European banking shares,”. Relte Stephen Schutte, an analyst at research firm Markit, wrote in a note. Though, big banks are way healthier than in 2008. But some believe the financial “curing” has not been complete. Some think the “disease” of “not-to-big-to-fail” lingers on. “But still there’s very few systematic “errors” in the system now. Fewer than even in 2011, let alone 2007/2008,” Bespoke Investment Group wrote in a note.

Bespoke group also highlighted that big bank balance sheets are “dramatically” less leveraged.  Also they made it vocal that lenders have been forced to hold back a lot of capital to avoid future losses. Nevertheless, Bespoke said big banks can handle even the worst-case scenario. They could suffer a write-down of all their energy loans by using just twenty-five percent of their revenues. “I don’t think there is any economical crisis risks here. Bank capitalization in the United States and Europe is awfully good. It’s hard to be worried about it,”.  Said David Kelly, chief global strategist at JPMorgan Funds.

263 Responses

  1. … [Trackback]

    […] Find More here to that Topic: mccg.us/2016/02/26/blast-from-the-past-gasoline-priced-a-mere-1-a-gallon/ […]

  2. … [Trackback]

    […] Info on that Topic: mccg.us/2016/02/26/blast-from-the-past-gasoline-priced-a-mere-1-a-gallon/ […]

  3. … [Trackback]

    […] Find More here to that Topic: mccg.us/2016/02/26/blast-from-the-past-gasoline-priced-a-mere-1-a-gallon/ […]

  4. … [Trackback]

    […] Read More Information here on that Topic: mccg.us/2016/02/26/blast-from-the-past-gasoline-priced-a-mere-1-a-gallon/ […]

  5. … [Trackback]

    […] There you will find 26761 more Information on that Topic: mccg.us/2016/02/26/blast-from-the-past-gasoline-priced-a-mere-1-a-gallon/ […]

  6. … [Trackback]

    […] Find More on that Topic: mccg.us/2016/02/26/blast-from-the-past-gasoline-priced-a-mere-1-a-gallon/ […]

  7. … [Trackback]

    […] There you will find 53550 additional Information to that Topic: mccg.us/2016/02/26/blast-from-the-past-gasoline-priced-a-mere-1-a-gallon/ […]

  8. … [Trackback]

    […] Here you can find 89033 additional Info on that Topic: mccg.us/2016/02/26/blast-from-the-past-gasoline-priced-a-mere-1-a-gallon/ […]

  9. … [Trackback]

    […] Read More Information here to that Topic: mccg.us/2016/02/26/blast-from-the-past-gasoline-priced-a-mere-1-a-gallon/ […]

  10. … [Trackback]

    […] Find More Info here to that Topic: mccg.us/2016/02/26/blast-from-the-past-gasoline-priced-a-mere-1-a-gallon/ […]

  11. … [Trackback]

    […] Information on that Topic: mccg.us/2016/02/26/blast-from-the-past-gasoline-priced-a-mere-1-a-gallon/ […]

  12. I抦 impressed, I must say. Really rarely do I encounter a weblog that抯 each educative and entertaining, and let me tell you, you have got hit the nail on the head. Your concept is excellent; the difficulty is something that not enough persons are talking intelligently about. I am very blissful that I stumbled across this in my search for something regarding this.

  13. of course like your website but you have to check the spelling on several of your posts A number of them are rife with spelling issues and I in finding it very troublesome to inform the reality on the other hand I will certainly come back again

  14. I discovered your blog web site on google and examine just a few of your early posts. Proceed to keep up the superb operate. I simply additional up your RSS feed to my MSN News Reader. Seeking forward to studying extra from you later on!?

  15. I just could not leave your web site before suggesting that I really enjoyed the standard information a person supply to your visitors Is gonna be again steadily in order to check up on new posts

  16. Normally I do not read article on blogs however I would like to say that this writeup very forced me to try and do so Your writing style has been amazed me Thanks quite great post

  17. Great job! The article is informative and well-structured. Consider incorporating more visuals in your future articles for a more engaging read.

  18. I’ve learned so much from this blog and have implemented many of the tips and advice into my daily routine Thank you for sharing your knowledge!

  19. Fantastic beat I would like to apprentice while you amend your web site how could i subscribe for a blog site The account helped me a acceptable deal I had been a little bit acquainted of this your broadcast offered bright clear concept

  20. Usually I do not read article on blogs however I would like to say that this writeup very compelled me to take a look at and do so Your writing taste has been amazed me Thanks quite nice post

  21. Nice blog here Also your site loads up very fast What host are you using Can I get your affiliate link to your host I wish my site loaded up as quickly as yours lol

  22. Wonderful beat I wish to apprentice while you amend your web site how could i subscribe for a blog web site The account aided me a acceptable deal I had been a little bit acquainted of this your broadcast provided bright clear idea

  23. Your posts always make me feel like I’m not alone in my struggles and insecurities Thank you for sharing your own experiences and making me feel understood

  24. Możesz używać oprogramowania do zarządzania rodzicami, aby kierować i nadzorować zachowanie dzieci w Internecie. Za pomocą 10 najinteligentniejszych programów do zarządzania rodzicami możesz śledzić historię połączeń dziecka, historię przeglądania, dostęp do niebezpiecznych treści, instalowane przez nie aplikacje itp.

  25. I am absolutely thrilled to introduce you to the incredible Sumatra Slim Belly Tonic! This powdered weight loss formula is like no other, featuring a powerful blend of eight natural ingredients that are scientifically linked to fat burning, weight management, and overall weight loss. Just imagine the possibilities! With Sumatra Slim Belly Tonic, you have the opportunity to finally achieve your weight loss goals and transform your body into the best version of yourself.

  26. Sumatra Slim Belly Tonic is a unique weight loss supplement that sets itself apart from others in the market. Unlike other supplements that rely on caffeine and stimulants to boost energy levels, Sumatra Slim Belly Tonic takes a different approach. It utilizes a blend of eight natural ingredients to address the root causes of weight gain. By targeting inflammation and improving sleep quality, Sumatra Slim Belly Tonic provides a holistic solution to weight loss. These natural ingredients not only support healthy inflammation but also promote better sleep, which are crucial factors in achieving weight loss goals. By addressing these underlying issues, Sumatra Slim Belly Tonic helps individuals achieve sustainable weight loss results.

  27. I am absolutely thrilled to introduce you to the incredible Sumatra Slim Belly Tonic! This powdered weight loss formula is like no other, featuring a powerful blend of eight natural ingredients that are scientifically linked to fat burning, weight management, and overall weight loss. Just imagine the possibilities! With Sumatra Slim Belly Tonic, you have the opportunity to finally achieve your weight loss goals and transform your body into the best version of yourself.

  28. Sumatra Slim Belly Tonic is a unique weight loss supplement that sets itself apart from others in the market. Unlike other supplements that rely on caffeine and stimulants to boost energy levels, Sumatra Slim Belly Tonic takes a different approach. It utilizes a blend of eight natural ingredients to address the root causes of weight gain. By targeting inflammation and improving sleep quality, Sumatra Slim Belly Tonic provides a holistic solution to weight loss. These natural ingredients not only support healthy inflammation but also promote better sleep, which are crucial factors in achieving weight loss goals. By addressing these underlying issues, Sumatra Slim Belly Tonic helps individuals achieve sustainable weight loss results.

  29. Prostadine is a natural supplement that helps keep the prostate healthy and lowers the chances of it getting bigger. It’s not like medicines with bad effects – it’s made from natural things.

  30. Prostadine helps clear out inflammation in the prostate.Prostadine claims the root cause of most prostate issues is due to the accumulation of toxic mineral buildup due to hard water. When unchecked, this toxic buildup leads to inflammation in the prostate and the rest of your urinary tract. This impairs your ability to urinate, ejaculate, and produce hormones needed for your overall health.

  31. ProDentim – unique blend of probiotics and essential nutrients offers a natural and effective way to promote and maintain healthy teeth and gums. With its carefully selected probiotic strains and essential nutrients, ProDentim provides a comprehensive approach to dental health that can help reduce the risk of dental problems and support overall oral health.

  32. Prodentim contains probiotics that are known to support oral health by promoting healthy gums and teeth. These good bacteria help to reduce harmful bacteria in the mouth, which can cause tooth decay and gum disease. The formula also contains essential nutrients such as vitamin D, calcium, and magnesium, which are important for strong teeth and healthy gums. The blend of probiotics and nutrients in Prodentim has been clinically proven to be effective in promoting optimal dental health.

  33. We just wanted to take a moment to acknowledge all the hard work and effort you’ve been putting in lately. Keep up the amazing job, you’re doing great!

  34. I am absolutely thrilled to introduce you to the incredible Sumatra Slim Belly Tonic! This powdered weight loss formula is like no other, featuring a powerful blend of eight natural ingredients that are scientifically linked to fat burning, weight management, and overall weight loss. Just imagine the possibilities! With Sumatra Slim Belly Tonic, you have the opportunity to finally achieve your weight loss goals and transform your body into the best version of yourself.

  35. Somebody essentially lend a hand to make significantly posts I might state That is the very first time I frequented your web page and up to now I surprised with the research you made to create this particular put up amazing Excellent job

  36. Wow superb blog layout How long have you been blogging for you make blogging look easy The overall look of your site is magnificent as well as the content

  37. Your blog posts never fail to entertain and educate me. I especially enjoyed the recent one about [insert topic]. Keep up the great work!

  38. This post hits close to home for me and I am grateful for your insight and understanding on this topic Keep doing what you do

  39. One of the key benefits of GlucoTrust is that it increases insulin response, production, and sensitivity. Insulin is a hormone that is responsible for regulating blood sugar levels in the body, and when this process is disrupted, it can lead to a range of health problems. GlucoTrust provides the body with essential nutrients that help to improve insulin function, which in turn helps to regulate blood sugar levels more effectively.

  40. Sugar Defender stands as a beacon of natural, side-effect-free blood sugar support. Crafted from a blend of pure, plant-based ingredients, this formula not only helps regulate blood sugar levels but also empowers you on your journey to weight loss, increased vitality, and overall life improvement.

  41. Sugar Defender introduces a meticulously curated ensemble of eight key ingredients, each strategically selected to champion healthy blood sugar levels and facilitate weight loss. These ingredients collaborate to enhance the supplement’s effectiveness through diverse mechanisms, including energy elevation, fat burning, and metabolism stimulation, all while providing direct support for maintaining healthy blood glucose levels. Here is an insightful overview of each ingredient along with its purported functionality according to the manufacturer:

  42. This post hits close to home for me and I am grateful for your insight and understanding on this topic Keep doing what you do

  43. We just wanted to take a moment to acknowledge all the hard work and effort you’ve been putting in lately. Keep up the amazing job, you’re doing great!

  44. Alpilean proudly boasts a chemical-free, stimulant-free, and preservative-free formula, ensuring a secure and natural choice for those seeking weight loss solutions. Its composition makes it a safe and wholesome option for all individuals. Moreover, seamlessly integrating Alpilean into your daily routine is a breeze, requiring just two capsules a day. Since it collaborates harmoniously with your body’s innate processes, rest assured, there’s no need to fret about undesirable side effects or the dreaded cycle of yo-yo dieting.

  45. The ability of Alpilean to target both subcutaneous and visceral fat distinguishes it from other weight loss products. Subcutaneous fat is visible beneath the skin, whereas visceral fat is harmful fat that accumulates around the organs, increasing the risk of heart disease and other health problems. Alpilean ensures that you not only look better, but also feel better by attacking both types of fat.

  46. Red Boost is a formula that helps a man improve his sexual performance. It is made from natural ingredients and helps a man have more energy for sex. Try Red Boost to have a better experience!

  47. Fluxactive Complete is the ultimate solution for men looking to support their prostate and bladder health.

  48. The positivity and optimism conveyed in this blog never fails to uplift my spirits Thank you for spreading joy and positivity in the world

  49. Your blog post was really enjoyable to read, and I appreciate the effort you put into creating such great content. Keep up the great work!

  50. I appreciate the effort that goes into creating high-quality content, and this post was no exception. The insights and information were top-notch and made for a really engaging read. Keep up the great work!

  51. It’s clear that you truly care about your readers and want to make a positive impact on their lives Thank you for all that you do

  52. We just wanted to take a moment to acknowledge all the hard work and effort you’ve been putting in lately. Keep up the amazing job, you’re doing great!

  53. I have recommended your blog to all of my friends and family Your words have the power to change lives and I want others to experience that as well

  54. Sugar Defender’s prowess in managing blood sugar is deeply rooted in its exceptional blend of natural ingredients, each playing a distinct role that contributes to the overall success of the supplement. Here are some noteworthy positive impacts of the Sugar Defender Ingredients blend:

  55. Sugar Defender stands as a beacon of natural, side-effect-free blood sugar support. Crafted from a blend of pure, plant-based ingredients, this formula not only helps regulate blood sugar levels but also empowers you on your journey to weight loss, increased vitality, and overall life improvement.

  56. Sugar Defender stands as a beacon of natural, side-effect-free blood sugar support. Crafted from a blend of pure, plant-based ingredients, this formula not only helps regulate blood sugar levels but also empowers you on your journey to weight loss, increased vitality, and overall life improvement.

  57. Sugar Defender stands as a beacon of natural, side-effect-free blood sugar support. Crafted from a blend of pure, plant-based ingredients, this formula not only helps regulate blood sugar levels but also empowers you on your journey to weight loss, increased vitality, and overall life improvement.

  58. Sugar Defender stands as a beacon of natural, side-effect-free blood sugar support. Crafted from a blend of pure, plant-based ingredients, this formula not only helps regulate blood sugar levels but also empowers you on your journey to weight loss, increased vitality, and overall life improvement.

  59. Sugar Defender’s prowess in managing blood sugar is deeply rooted in its exceptional blend of natural ingredients, each playing a distinct role that contributes to the overall success of the supplement. Here are some noteworthy positive impacts of the Sugar Defender Ingredients blend:

  60. hiI like your writing so much share we be in contact more approximately your article on AOL I need a specialist in this area to resolve my problem Maybe that is you Looking ahead to see you

  61. of course like your website but you have to check the spelling on several of your posts A number of them are rife with spelling issues and I in finding it very troublesome to inform the reality on the other hand I will certainly come back again

  62. MetaNail is a topical formulation combining 20 organic and essential nutrients to repair, rejuvenate, and improve nail health. It can fight fungus and brittle or cracked nails. The serum is easy to apply and safer than most oral and topical nail products.

  63. I have recommended your blog to all of my friends and family Your words have the power to change lives and I want others to experience that as well

  64. Thank you for addressing such an important topic in this post Your words are powerful and have the potential to make a real difference in the world

  65. Your positivity and enthusiasm are infectious It’s clear that you are truly passionate about what you do and it’s inspiring to see

  66. I have been struggling with this issue for a while and your post has provided me with much-needed guidance and clarity Thank you so much

  67. Thanks for another excellent k689j post. Where else may anyone get that kind of information in such an ideal means of writing? I’ve a presentation next week, and I am at the search for such info.

  68. Nice blog here! Also your site loads up fast! What host are you using? Can I get your affiliate link to your host? I guwin555 wish my web site loaded up as quickly as yours lol

  69. hello!,I like your writing very so much! proportion we keep up a correspondence extra approximately your post on AOL? I need an expert in this betflik108 space to unravel my problem. May be that is you! Taking a look forward to see you.

  70. Hi, just required you to know I he added your site to my Google bookmarks due to your layout. But seriously, I believe your internet site has 1 in the freshest theme I??ve came across.

  71. Hello! I could have sworn I’ve been to this blog before but after browsing through some of the post I realized it’s new to me.

  72. Good info. Lucky me I reach on your website by accident, I bookmarked it. 国产线播放免费人成视频播放

  73. Everything is very open and very clear explanation of issues. was truly information.国产线播放免费人成视频播放

  74. Hi, just required you to know I he added your site to my Google bookmarks due to your layout. But seriously, I believe your internet site has 1 in the freshest theme I??ve came across.

  75. Hi, just required you to know I he added your site to my Google bookmarks due to your layout. But seriously, I believe your internet site has 1 in the freshest theme I??ve came across.

  76. After all, what a great site and informative posts, I will upload inbound link – bookmark this web site? Regards, Reader.

  77. Hello! I could have sworn I’ve been to this blog before but after browsing through some of the post I realized it’s new to me.儿童色情

  78. Hi, just required you to know I he added your site to my Google bookmarks due to your layout. But seriously, I believe your internet site has 1 in the freshest theme I??ve came across.兒童色情

Leave a Reply

Your email address will not be published.