Doug Noland: Regime Change

Deutsche Bank (DB) operates, after all, in the core of global derivatives markets and securities finance… Derivatives lurk at the epicenter of global financial crisis risk. It’s right here where global central bank […]

Doug Noland: Cracks

As the cycle extends and timid central banks dilly-dally, the gap widens dramatically between bullish perceptions and mounting systemic deficiencies – between inflating expectations and deteriorating fundamental prospects. This chasm, however, is […]