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Already thinking about Friday today. On August 11, we launch the successful podcast Deffner and Zschäpitz on TV at 17.45 CET on WELT Fernsehen.
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Holger Zschaepitz
84.5K posts
Holger Zschaepitz
@Schuldensuehner
Holger Zschäpitz is market maniac @Welt and Author of 'Schulden ohne Sühne?' a book on states' addiction to debt. Pics: instagram.com/schuldensuehner
- China’s #DeepSeek could represent the biggest threat to US equity markets as the company seems to have built a groundbreaking AI model at an extremely low price and w/o having access to cutting-edge chips, calling into question the utility of the hundreds of billions worth of
- Good Morning from #Germany, which is falling as an economic powerhouse on a global scale. Germany’s trade surplus is gone. Foreign trade balance came in at MINUS €1bn in May, which is the 1st negative print since 1991 due to its energy problems & weakness in manufacturing.
- Good Morning from #Germany, which is heading toward an electricity crisis. The 1y ahead power price has skyrocketed to almost €1,000 per megawatt hour. The electricity price has risen by 720% ytd. Such increases will bankrupt many energy-intensive firms.
- German 1y ahead Power Price has almost halved within 2 days from €1,050 per MWh to €545 today. This raises the question of who is operating in the electricity market. Is it pure speculation? Are these meaningful prices that reflect real scarcities?
- WTF? The markets are now pricing in a probability of default of 47% for Credit Suisse. What have I missed?
- OUCH! German #inflation hits double digits for 1st time since WWII. Sep CPI accelerates to 10% from 7.9% in August.
- OOPS! German benchmark electricity price jumped >25% on Monday to pass €700 per megawatt-hour for the first time. The level is about 14 times the seasonal average over the past five years.
- Good Morning from #Germany where the once-mighty industrial giant ThyssenKrupp is now trading on the stock exchange at no value. The company's shares reflect a negative enterprise value due to a mix of poor management and the challenges of operating in Germany.
- This horror chart suggests that #Germany is heading for a huge energy crisis. Not only are gas prices near record highs, but electricity prices in particular are signaling stress.
- Credit Suisse plunges to fresh All-Time low as Saudi National Bank rules out assistance. Now down 96.7% below ATH.
- WTF? Costs of insuring against Deutsche Bank default (CDS prices) jump in violent move while share price plunge as stress in banking system keeps rising following Fed rate hike.
- Good Morning from #Germany, where supermarket prices are rising much faster than in other Eurozone countries. Food CPI jumped 19% YoY in Sep, the highest food price #inflation since the start of the statistic.
- OOPS! The total value of the US stock market is now ~245% of the country’s GDP – far above the 100% level that Warren Buffett considers a sign of a market bubble.
