There’s never just one cockroach. Today Credit Suisse becomes cochroach #2. – Don’s Daily Brief
Last week, the Bank of England had to pivot hard on quantitative tightening in order to bail out pension funds (cockroach #1).
Today, Credit Suisse First Boston’s chances of going bankrupt are now higher than in 2008.
There’s never just two cockroaches, either…
Get ready for more systemic chaos as contradictory policies within and across central banks set into motion a series of events with dire consequences.
► But that doesn’t mean everything is going down. With that in mind, we’re going long Japanese stocks with EZJ. Details in today’s video.
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The Daily Pick is Don’s daily alert service, where for just a few dollars a month, he gives you a pick every trading day, complete with triggers, stop loss and profit targets.
ABOUT DON’S DAILY BRIEF:
Every market day, Don Yocham scans thousands of potential stocks, whittling down the list to just a handful that could be setting up to make BIG moves.
The top idea from his daily scan ends up here.
For specific trade instructions, including triggers and stop loss levels, take a look at The Daily Pick, where for just a few dollars a month, you’ll get full trade instructions on Don’s top idea each day.
