BloombergTV Daybreak: Deutsche Bank Cash Call & Fed Activation

In this Bloomberg Daybreak America appearance I reiterate the case for EU banks in the context of DB’s capital call, noting that  EU equity block trades are up 100% y/y which suggests that large investors want access to EU equity such as DB’s capital call.The second segment covers the Fed and its sudden embrace of a March rate hike, including the likely response of risk assets (Segments begin at the 6:30 min mark).

Watch Here...