Not long ago, Shah called Deutsche Bank “The Most Dangerous Bank in the World.”
Now, as the stock has lost a whopping 60% of its value over the past 12 months, one big question has surfaced: Will DB get bailed out?
On a recent episode of Varney & Co., Shah argued that it would. With 60 trillion in derivatives on its books, if the bank were to collapse, counterparties to those derivatives – all the big banks around the world – would follow.
This would make the collapse of Lehman Brothers look like a day at the beach.
Speaking of Lehman… the other big question hanging over the markets: Are we back to 2007?
On the latest episode of Varney & Co., Shah takes on sobering reality: the markets are starting to look a lot like 2007-2008 again. After Brexit, European banks are in especially dire circumstances – but one country stands out. (Surprise: It’s not Germany.) Shah tells you which banks he’s watching right now – and why their situation frightens him so much.
Plus, find out how he’s playing Tesla, Comcast and Netflix… what Brexit means for Apple… and why Chipotle’s cutesy new ad won’t fix any of its problems.
On a recent episode of Varney & Co., Shah appeared as the bearer of bad news. While the markets appeared to be shrugging off the Brexit vote – both foreign and domestic markets were up, along with commodities like oil and gold – Shah told host Stuart Varney that we weren’t out of the woods yet. The Brexit will continue to give investors pause, disrupting markets in the U.S. and the U.K. for months to come.
In today’s video, Shah outlines exactly why the Brexit will continue to haunt markets in the days and weeks ahead, and what investors need to know in the meantime…
On Making Money, Shah told host Charles Payne that consumer spending isn’t enough to drive the economy. Buying is one thing… buying on credit is something else – and when a full two-thirds of the economy depends on consumer spending, and much of that spending is done on credit, that’s a recipe for disaster.
But Shah knows exactly what the U.S. economy needs to escape the cycle of debt-driven consumer spending.