European shares fell on Wednesday as bank stocks resumed their selloff, after a short-lived bounce in the previous session, with Credit Suisse plunging to a fresh record low.
The bank index is set to lose more than 120 billion euros in market value since the close of March 8.Spain and Italy's lender-heavy indexes fell almost 4% each. There was also a cooling of optimism that the U.S. Federal Reserve will tone down its rate-hiking spree next week in the aftermath of Silicon Valley Bank's collapse.
Kevin Hassett reveals 'there were buyers who were willing tobuy [SVB, but] the radicals at the FDICgov weren’t going to allow that to happen the Biden Admin had a whitelist of companies that were allowed to buy the failed bank & companies that weren’t.'
Netlist vs. Samsung Trial 04/17/2023
I believe Credit Suisse backed resecuritization of GoodLeap ESG loans…see a pattern forming? Solar scams enabled by GoodLeap, backed by big banks.
When the market opens at 9:30 ITS NOT A MARKET SELL OFF ITS THE MARKET SOLD OFF, it’s not a daily market sell off or rally, it’s the daily trend of the market
Credit Suisse has been in trouble for almost a year. Get over it.
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