Volume is running 50% above average and Global Financials are going into full meltdown mode...
Unlike the Big Short, "no one" sees this coming...
Speaking of which, bulltards will be glad to see one thing is NOT like 2008...
Cash balances:
The rest of these are deja vu of Lehman:
Asset managers
U.S. Financials
Global Financials
Deutsche Bank
Credit Suisse
Goldman Sachs
Ameritrade
ZH: June 14, 2016
Why Credit Card Companies Are Crashing
"There is a general softening in the consumer's ability to pay"