🚨 DEUTSCHE BANK WARNING: CREDIT MARKETS ARE MISPRICED

Deutsche Bank strategists say global credit valuations are not pricing in real risk — even as geopolitical tensions rise.

What’s worrying them 👇

• Policy shifts under the new U.S. Fed Chair

• AI disruption reshaping software earnings & credit quality

• A stronger euro pressuring German business confidence

Yet sentiment remains overly optimistic.

⚠️ If even ONE of these risks materializes, credit spreads could reprice fast — and when credit cracks, equities usually follow.

This isn’t fear-mongering.

It’s a reminder that calm markets often break suddenly.

📉 Smart traders hedge complacency.

📈 Volatility rewards those positioned early.

👉 Are you trading the optimism… or preparing for the reprice?

#CreditMarkets #MacroRisk #nsz44