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What You Need to Know About The Collapse of Silicon Valley Bank and Closure of Signature Bank On Friday, March 10, Silicon Valley Bank was shut down by banking regulators. This was the second-largest bank collapse in US history, only behind the collapse of Washington Mutual in 2008 during the financial crisis. Signature Bank […]
[Yahoo/Bloomberg] Stocks Rise, Treasuries Fall: Markets Wrap [Yahoo/Bloomberg] Treasury Two-Year Yield Rebounds After Biggest Slide in Decades [Yahoo/Bloomberg] Global Financial Stocks Lose $465 Billion on SVB Impact Worry [Yahoo/Bloomberg] Oil Extends Drop as Inflation Data Awaited Amid Banking Fallout [Reuters] Japanese banks slide as SVB contagion fear rattles markets [CNBC] Inflation gauge increased 0.4% […]
If you’re not neurotic, you’re not paying attention—or you know things most other people don’t know. Such knowledge is vital. Every day now, there are important things to see, crucial things to understand, and vital things to do. As always, the analysis synopsized below is geared to just those things. For months, the McAlvany analysts […]
[Yahoo/Bloomberg] Treasuries Surge as Traders Recalibrate Rate Bets: Markets Wrap [Reuters] Bank stocks plunge resumes as SVB market turmoil continues [Yahoo/Bloomberg] Treasury Two-Year Yields Drop Half a Point as Fed Bets Slashed [Reuters] Dollar slides as U.S. intervenes on SVB collapse [Yahoo/Bloomberg] Gold Keeps Rising as SVB Fallout Spurs Rush to the Haven Asset [Reuters] […]
[Reuters] Yellen: working to address SVB collapse, but not looking at bailout [Reuters] U.S. Federal Reserve governors to hold closed-door Monday Meeting [Reuters] Regulators urged to find Silicon Valley Bank buyer as industry frets about fallout [Yahoo/Bloomberg] FDIC Races to Return Some Uninsured SVB Deposits Monday [Yahoo/Bloomberg] SVB Fallout Spreads Around World From London to […]
[Reuters] Analysis: SVB’s lightning collapse stuns banking industry [Yahoo/Bloomberg] Crypto Shaken as SVB Exposure Depegs $37 Billion Stablecoin [Reuters] Stablecoin USDC breaks dollar peg after revealing $3.3 billion Silicon Valley Bank exposure [Yahoo/Bloomberg] As Banks Topple, Regulators Face Reckoning for Week of Mayhem [Yahoo/Bloomberg] SVB’s 44-Hour Collapse Was Rooted in Treasury Bets During Pandemic […]
Precious Metals at a Crucial Macro Moment This week, BNP Paribas Senior US Economist Yelena Shulyatyeva told Bloomberg, “At this point, it’s clear. We really need a downturn [recession] to get us where we need to be [on inflation]. The path to a soft-landing is so narrow that it would really be a miracle.” HAI […]
