When you’ve spent enough time trading inside a bank and watching markets for hours a day, in my case I traded my first stock when I was 11, sometimes you’re able to spot if something suddenly starts behaving weirdly. This is exactly what happened with Morgan Stanley ($MS) in the...| JustDario
No, I didn’t get the title wrong, I meant to say that. You know why? Because that’s what’s written in $UBS Q4-23 financial statements just released. Let’s go straight into it. Please look at Picture 1 where you can see the amount of Total Assets and Total Liabilities still attached...| JustDario
I started the year writing about how in 2024 the practice used by banks of hiding their losses in Hold to Maturity books (hence “hide till maturity”) would have come to an end [Post Below] . However, I was wrong there, because I wrote this: “As I explained in a...| JustDario
#GS Q4-23 was quite a spectacular game of smoke and mirrors that, of course, fooled the mainstream media. CNBC – “Goldman Sachs tops revenue estimates on better-than-expected asset management results” WSJ – “Goldman Scores a Win With Sharply Higher Earnings” Let me show you one of the “tricks” they used....| JustDario
HERE COMES THE PANIC – BUT NO WORRIES, IT WILL BE VERY SLOW AT FIRST| JustDario
THE AI END GAME: WINNER TAKES IT ALL AND EVERYONE ELSE LOSES MASSIVELY| JustDario
WITHOUT THE FED BTFP, BANKS WILL NOW HAVE A HARDER TIME TO “HIDE TILL MATURITY” THEIR LOSSES| JustDario
While digging into #BAC‘s Q4-23 financial statements, I couldn’t help but wonder if they had lost their minds during the last three months of 2023. No, I am not referring to the “press release” or the “presentation,” which are usually prepared to “feed” the media rather than provide transparency to...| JustDario