This Is Where The Next Financial Crisis Will Come From Deutsche Bank
By Zero Hedge In an extensive, must-read report published on Monday by Deutsche Bank's Jim Reid, the credit strategist unveiled an extensive analysis of the Next Financial Crisis,and specifically what may cause it, when it may happen, and how the world could respond assuming it still has means to counteract the next economic and financial crash. In our firsttake on the report yesterday, we showed one key aspect of the crash calculus: between bonds and stocks,global asset prices are the most elevated they have ever been. With that baseline in mind, what happens next should be obvious: unless one assumes [...]