Deutsche Bank and JPMorgan Chase Have Been Trading Like Clones for Two Months; Both Are Down Almost 30 Percent Year-to-Date

by Pam Martens and Russ Martens, Wall St On Parade: JPMorgan Chase’s stock has lost 27 percent of its market value year-to-date through its June 29 closing price. But more disturbing than that is the above chart showing that the behemoth German lender, Deutsche Bank, has been trading like a clone of JPMorgan Chase for […]