John wrote:There'll certainly be a market shock -- we've all known that for some time.
But to say that Deutsche Bank is orchestrating that is pure fantasy.
I see a building consensus opinion that if the market gets "too high", an uncontrolled crash is likely. I recently heard Marc Faber say that if the S&P makes a new yearly high this Summer it will likely crash in the Fall. The second part of it is the banks wanted to dump their stock off on the public near the recent high but weren't successful. I think now they're looking for ways to do damage control. They can try to use their political pull, as JP Morgan is trying to do now to cover their multi billion and growing derivatives loss that they cannot extricate themselves from.
Bottom line, my read of the article is "banks are in trouble" and trying to figure out how to get one last big intervention, one last bubble.