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Sili-Con Valley Bank Will Never Be The Same Again EnronChairman
Don't joke about the economy with interest. Whether interest rates are low or high, the economy crashes and companies go bankrupt. unemployment is rising, poverty is rising. Do not rely on interest. Interest is the enemy of the economy
Until you know the CEO sold all his SVB stock at least 2 weeks before, and another high level employee was an executive at Lehman during the GFC. Bankers are ruining the world in conjunction with politicians more than everything else.
Spoke with an expert on this issue
CEO & CFO sold their stock 2 weeks ago.
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Analysis: SVB's lightning collapse stuns banking industryThe rapid unraveling of SVB Financial Group has blindsided the banking industry after years of stability. Another realDonaldTrump gift for the ages. Wonder if he knows the way to San Jose? Forbes isn't shocked another company they promoted SVB as bank of the years failed... Whoa 🚨Adult mis management will most certainly request Big Government support but don’t want Big Government to regulate their incompetence. This is ok with GOP YET! Any move to help student loan burdens they fight like the devil to block.
Source: Reuters - 🏆 2. / 97 Read more »
Bank carnage drags stocks lower as SVB Financial shares plungeA brutal day for banks drags down stocks on Thursday. Which banks next
Source: MarketWatch - 🏆 3. / 97 Read more »
Stocks making the biggest moves after hours: SVB Financial, Oracle, Gap and moreThese are the stocks posting the largest moves in postmarket trading. Bond/treasury note loss is a common situation now due to our governments, like TLT...However, rapidly pulling out money from the stock market or banks can be a serious situation for the stock market like in 2008. All banks are under FDIC...No need to panic...
Source: CNBC - 🏆 12. / 72 Read more »
Bank stocks crater as SVB's woes send warning sign By Investing.com*BANK STOCKS CRATER AS SVB'S WOES SEND WARNING SIGN ACROSS THE SECTOR - $JPM $C $WFC $BAC $SVBI Yesterday Powell was told by a 👸🏿 to cut rates if you remember he responded with Higher for longer till we take out the trash. This should be main article of day, tomorrow is D day.
Source: Investingcom - 🏆 450. / 53 Read more »