Jump to content



Photo

FEAR of CONTAGION: Banking & Crypto possible intervention


  • Please log in to reply
254 replies to this topic

#1 dTraderB

dTraderB

    Member

  • Traders-Talk User
  • 20,005 posts

Posted 11 March 2023 - 03:13 PM

Jeez, fear of contagion spreading as exposure widens & broadens. Some even demand RATE CUT! LOL

NO, NO INTERVENTION TO Save those who were reckless!

#2 dTraderB

dTraderB

    Member

  • Traders-Talk User
  • 20,005 posts

Posted 11 March 2023 - 03:14 PM

Alexander Stahel 🇺🇦 (@BurggrabenH) tweeted at 3:39 PM on Sat, Mar 11, 2023:
US 2Y says #Fed must cut on Monday to avoid a sector wide bank run, now that market gets that large parts of the sector are basically insolvent (despite zippo credit risk) due to re-rating of their zero-risk (oh the irony) fixed income book in past 12 months.

#Banks $SIVB https://t.co/ofEfTobrJL

#3 dTraderB

dTraderB

    Member

  • Traders-Talk User
  • 20,005 posts

Posted 11 March 2023 - 03:20 PM

Mohamed A. El-Erian (@elerianm) tweeted at 2:06 PM on Sat, Mar 11, 2023:
Many trading desks and policymakers areand, if theyre not, shouldbe spending this weekend on #SVB-related scenario analyses on
Channels of #contagion within, and importantly, beyond the #banking system: and
Disposal of SVBs balance sheet and business lines.
More to follow. https://t.co/4Xm0kDziaw

#4 dTraderB

dTraderB

    Member

  • Traders-Talk User
  • 20,005 posts

Posted 11 March 2023 - 03:21 PM

Brad Setser (@Brad_Setser) tweeted at 5:41 PM on Fri, Mar 10, 2023:
The collapse of Silicon Valley Bank highlighted the risks posed by "underwater" long duration bonds -- particularly when those bonds funded with short-term liabilities.

Who else in the global economy holds a lot of underwater bonds?

Asian insurers and policy banks ...

#5 pdx5

pdx5

    I want return OF my money more than return ON my money

  • Traders-Talk User
  • 9,544 posts

Posted 11 March 2023 - 03:35 PM

Alexander Stahel (@BurggrabenH) tweeted at 3:39 PM on Sat, Mar 11, 2023:
US 2Y says #Fed must cut on Monday to avoid a sector wide bank run, now that market gets that large parts of the sector are basically insolvent (despite zippo credit risk) due to re-rating of their zero-risk (oh the irony) fixed income book in past 12 months.

#Banks $SIVB https://t.co/ofEfTobrJL

That Twitter link is mind boggling!


"Money cannot consistently be made trading every day or every week during the year." ~ Jesse Livermore Trading Rule

#6 dTraderB

dTraderB

    Member

  • Traders-Talk User
  • 20,005 posts

Posted 11 March 2023 - 04:15 PM

CALIFORNIA GOV. NEWSOM ON SVB: OVER LAST 48 HOURS, I HAVE BEEN IN TOUCH WITH THE HIGHEST LEVELS OF LEADERSHIP AT THE WHITE HOUSE AND TREASURY - STATEMENT

#7 dTraderB

dTraderB

    Member

  • Traders-Talk User
  • 20,005 posts

Posted 11 March 2023 - 04:17 PM

Cannot believe what the hell is happening this weekend..
FAR WORSE & MUCH BIGGER THAN I THOUGHT

Alexander Stahel (@BurggrabenH) tweeted at 3:39 PM on Sat, Mar 11, 2023:
US 2Y says #Fed must cut on Monday to avoid a sector wide bank run, now that market gets that large parts of the sector are basically insolvent (despite zippo credit risk) due to re-rating of their zero-risk (oh the irony) fixed income book in past 12 months.

#Banks $SIVB https://t.co/ofEfTobrJL

That Twitter link is mind boggling!


#8 pdx5

pdx5

    I want return OF my money more than return ON my money

  • Traders-Talk User
  • 9,544 posts

Posted 11 March 2023 - 05:43 PM

I don't think most banks are badly managed like this silicon valley bank.
The Twitter comments you linked to shed light on why this bank got in trouble.
Majority of banks are well capitalized.
"Money cannot consistently be made trading every day or every week during the year." ~ Jesse Livermore Trading Rule

#9 dTraderB

dTraderB

    Member

  • Traders-Talk User
  • 20,005 posts

Posted 11 March 2023 - 07:42 PM

GURGAVIN (@gurgavin) tweeted at 8:31 PM on Sat, Mar 11, 2023:
🚨 BREAKING 🚨

THE FEDERAL RESERVE IS IN TALKS TO MAKE A FUND TO BACKSTOP DEPOSITS IF MORE BANKS FAIL

#10 Rogerdodger

Rogerdodger

    Member

  • TT Member*
  • 26,921 posts

Posted 12 March 2023 - 12:29 AM

Thiel got cash out before collapse...
SVB employees received bonuses hours before govt takeover...
Crisis leaves start-ups scrambling to pay workers...
Fallout Spreads Around World...
Lightning Demise Stuns Banking Industry...
Force Fed to SLASH rates?
Crypto Shaken Again...