Tag Archives: Stocks

German of the day: Erholung

April 9, 2025 By in Hard Facts, Helplessness Tags: , , , , , Leave a comment

That means rally.

Dow surges 2,300 points for biggest rally in 5 years after Trump pauses some tariffs – Stocks surged Wednesday after President Donald Trump announced a pause in some of the ‘reciprocal’ tariffs, causing a market that’s been under extreme pressure for the last week to explode higher.

The S&P 500 skyrocketed 7.6%, on pace for its biggest one-day gain in five years. The Dow Jones Industrial Average advanced 2,423 points, or 6.4%, also its biggest gain since 2020. The Nasdaq Composite jumped 9.8%.

German of the day: Goldgrube

March 4, 2025 By in Hard Facts, Heconomy, Helplessness Tags: , , , , , , , , , , Leave a comment

That means bonanza.

Time to invest in the German defense industry. But you knew that already.

Germany eyes swift moves on defence, investors sniff bonanza – The prospect of a military spending boom by Germany unprecedented since the Cold War sent Europe’s defence stocks soaring after Reuters reported the likely next government was mulling a fiscal sea change for Europe’s biggest economy.

Germany’s likely next chancellor, Friedrich Merz, did not confirm that his conservatives and the Social Democrats were considering setting up special funds worth nearly a trillion euros to finance urgent defence and infrastructure spending.

German Of The Day: Dax-Zombie

June 25, 2020 By in Habitudes, Hard Facts, Helplessness, Hi-tech, Hideology, Home Cooking, Horror, Humility, Hurt Feelings, Hypocrisy Tags: , , , , , , , , , , , Leave a comment

That means DAX zombie.

DAX

For the first time, a DAX company, Wirecard, has gone broke but won’t be kicked out of the index until September.

Wirecard has filed for insolvency, just days after a $2 billion accounting scandal at the company burst into the open, crashing its stock and leading to the arrest of its former chief executive.

The digital payments company said in a statement Thursday it had opened legal proceedings in Munich “due to impending insolvency and over-indebtedness.” Share

Mit Wirecard ist zum ersten Mal ein Dax-Konzern pleite gegangen. Aus dem Leitindex fliegen dürfte der Konzern aber erst im September.

German Of The Day: Transaktionssteuer

December 11, 2019 By in Habitudes, Hard Facts, Heconomy, Helplessness, Hideology, Home Cooking, Hypocrisy Tags: , , , , , , , , , Leave a comment

That means financial transactions tax.

Tax

And that means, as usual, taxing the little guy tying to get ahead while letting the big time speculators off the hook. All in the name of Social Justice. Or Social Democracy (SPD), if you prefer.

Germany Pushes Forward on European Financial Transactions Tax – Under a new blueprint for the tax, sent by Germany Finance Minister Olaf Scholz to the other governments on Monday and seen by The Wall Street Journal, anyone buying shares in large companies domiciled in those countries and with a market value of over €1 billion ($1.1 billion) will have to pay a minimum 0.2% tax over the transaction value…

Germany is under some time pressure to deliver an agreement since the government has already earmarked the expected proceeds to pay for higher state pensions for the poor starting in 2021. It expects revenues of about €1.5 billion a year from the tax.

Germans have more words for taxation than Eskimos have for snow.

Bargain Basement Time!

June 1, 2018 By in Hard Facts, Heconomy, Helplessness, Home Cooking, Hurt Feelings Tags: , , , , , , , Leave a comment

Looking for a stock steal? Try the Deutsche Bank. Those stealing bankers are a steal of a deal!

Deutsche Bank

The Federal Reserve has designated Deutsche Bank AG’s sprawling U.S. business as being in a “troubled condition,” a rare censure for a major financial institution that has contributed to constraints on its operations, according to people familiar with the matter.

The Fed’s downgrade, which took place about a year ago, is secret and hadn’t previously been made public. The “troubled condition” status—one of the lowest designations employed by the Fed—has influenced the bank’s moves to reduce risk-taking in areas including trading and lending to customers…

The shares closed down 7.2% in Frankfurt, at €9.16, their lowest close on the Xetra exchange, according to data going back to 1991.

Bei der Deutschen Bank reißen die Negativ-Meldungen nicht ab: Am Donnerstag war die Aktie mit 9,157 Euro und damit dem niedrigsten Schlussstand seit Anfang der Achtzigerjahre aus dem Handel gegangen.