HOW COME THE HIGHER SOFTBANK’S SHARE PRICE GOES, THE BIGGER THE HOLE IN ITS BOOKS?| JustDario
Daily post about finance and breaking news| JustDario
Deutsche Bank just reported earnings for its Q2-25 and, of course, everything is awesome! Needless to say, Wall Street expectations have been beaten across the board. As I write, the stock is trading 6% higher on the day. As usual, everyone read the press release, and no one took the...| JustDario
FOR ANOTHER QUARTER, BANKS WILL BE ALLOWED TO PRETEND EVERYTHING IS AWESOME| JustDario
Q2-2025 earnings season for banks officially started with, what a surprise, JP Morgan, Citigroup, and Wells Fargo all beating Wall Street analysts’ expectations and once again bagging fat profits. Traders, though, aren’t so impressed so far with JPM and Citi trading flat while WFC is down 6% on the day...| JustDario
Almost 10 months ago, I wrote the article “MOUNTING SIGNS OF LIQUIDITY PROBLEMS AMONG LARGE US AND UK BANKS” to highlight several elements pointing toward a buildup of liquidity problems in the banking sector. Three elements were particularly noteworthy at the time: Last week, something very interesting happened again: banks...| JustDario