几则新闻

Deutsche Bank Shares Hit Over 30-Year Low After Fed, IMF Rebuke (link)

It was the second year in a row that Deutsche Bank failed the Fed’s stress test.

Fed's Mester sees danger in waiting too long to hike rates (link)

But she expressed confidence in U.S. economic growth and said there's danger in waiting too long to move.

'No Confidence' Vote: Weak EU Banks Imply That A New Financial Crisis Is Possible (link)

• Europe has been in a slow-burning financial crisis for years on end. Throughout the EU, there has been waning confidence in both the banking system and the ECB.

• Many believe that this lack of confidence is making it very difficult for European banks to raise capital; but as Lehman Brothers showed, it is confidence that counts, not capital.

• Many European banks have high levels of NPLs; soaring CDS spreads; surging Coco Bond spreads; plummeting prices and discounts far below book value.

• Several big banks, such as BCS, CS, DB, UNCFF, and SAN are weak enough that a further decline in confidence could take them out, setting up another potential financial crisis.

June AAII Asset Allocation Survey: Stock Allocations Rise (link)