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FEAR of CONTAGION: Banking & Crypto possible intervention


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#11 Chilidawgz

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Posted 12 March 2023 - 05:07 AM

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

 

lol. Newsome is a moron

 


Edited by Chilidawgz, 12 March 2023 - 05:08 AM.

Anything can happen...what's happening now?
No one can forecast the future. No one.
 
All stocks (ETF's) are BAD...unless they go up - William O'Neil
When The Time Comes To Buy or Sell, You Won't Want To - Walter Deemer
 
 

#12 Chilidawgz

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Posted 12 March 2023 - 05:19 AM

https://wolfstreet.com/

 

 


Edited by Chilidawgz, 12 March 2023 - 05:23 AM.

Anything can happen...what's happening now?
No one can forecast the future. No one.
 
All stocks (ETF's) are BAD...unless they go up - William O'Neil
When The Time Comes To Buy or Sell, You Won't Want To - Walter Deemer
 
 

#13 dTraderB

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Posted 12 March 2023 - 05:40 AM

EXPEDITED FED MEETING
Closed Board Meeting on March 13, 2023
Government in the Sunshine Meeting Notice
Advanced Notice of a Meeting under Expedited Procedures

It is anticipated that the closed meeting of the Board of Governors of the Federal Reserve System at 11:30 a.m. on Monday, March 13, 2023, will be held under expedited procedures, as set forth in section 261b.7 of the Board's Rules Regarding Public Observation of Meetings, at the Boards offices at 20th and C Streets, N.W., Washington, D.C. and by audio/video conference call. The following items of official Board business are tentatively scheduled to be considered at that meeting.

Meeting Date: Monday, March 13, 2023

Matter(s) to be Considered:
1.Review and determination by the Board of Governors of the advance and discount rates to be charged by the Federal Reserve Banks.
A final announcement of matters considered under expedited procedures will be available in the Board's Freedom of Information and Public Affairs Offices and on the Board's Web site following the closed meeting.

For more information please contact: Michelle Smith, Director, Assistant to the Board, Division of Board Members at 202-452-2955.

Supplementary Information:

You may contact the Board's Web site at http://www.federalreserve.govfor an electronic announcement about applications and other expedited items, as well as procedural and other information about the meeting.

Dated: 03/10/2023

Last Update: March 10, 2023

https://www.federalr...closed.htm?s=03

#14 dTraderB

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Posted 12 March 2023 - 05:44 AM

Damm, I am too old for another crappy crisis, seen it before too many times. So far, this one has been controlled but it is a race against the clock to soothe & assure global markets.
UK'S CHANCELLOR HUNT: WE WILL COME FORWARD WITH SHORT-TERM AND LONGER-TERM SOLUTIONS OVER SVB.

Edited by dTraderB, 12 March 2023 - 05:45 AM.


#15 dTraderB

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Posted 12 March 2023 - 05:49 AM

Stephanie Ruhle (@SRuhle) tweeted at 7:52 PM on Sat, Mar 11, 2023:
Watching a group of dudes who normally preach from Ayn Rand's book of philosophy suddenly demand Biden rescue $SVIB depositors while simultaneously doing everything possible to cause more panic in mkts and around regional banks...k. it's a #wholeotherlevel of hypocrisy

KKGB Kitty (Carlo Casio) (@INArteCarloDoss) tweeted at 5:50 AM on Sun, Mar 12, 2023:
Its capitalism until they lose the free money handout they got, then its socialism

#16 dTraderB

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Posted 12 March 2023 - 05:21 PM

ADDED 1 NQ HEDGE SHORT
WILD!

WILL ADD 1 ES SHORT HEDGE ABOVE 3960 if traded

#17 K Wave

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Posted 12 March 2023 - 05:52 PM

https://www.axios.co...aign=alerts_all

 

The Treasury Department, Federal Deposit Insurance Corp. and the Federal Reserve, citing "systemic risk" under which the agencies can take extraordinary actions, said that the FDIC's insurance funds will be used to prevent depositors from losing money.

  • The action avoids a situation in which those who had more than the $250,000 per-saver cap on deposit insurance at SVB lose their money.
  • The Fed also announced a new "Bank Term Funding Program," invoking emergency authority, that enables other banks to obtain quick cash in exchange for collateral.

The strength of Government lies in the people's ignorance, and the Government knows this, and will therefore always oppose true enlightenment. - Leo Tolstoy

 

 


#18 steadyquest

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Posted 12 March 2023 - 05:56 PM

Are we near to really discovering the effect of massive inflation and liquidity (gotta save them banks!) on asset prices?

 

spx.png



#19 dTraderB

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Posted 13 March 2023 - 05:37 AM

Busiest night session this year. Intense bearishness out there. Example:
Jim Bianco biancoresearch.eth (@biancoresearch) tweeted at 6:33 AM on Mon, Mar 13, 2023:
The 2-year yield is down 85 bps in the last 3 trading days (from Wed, Mar 8 close, the day Powell finished testimony).

In the last 40 years only 1 time has the 2-year declined this much over 3 days, the 1987 stock market crash.

Also last Wed the market was pricing a 80% https://t.co/XsgLpy4Vsw

#20 dTraderB

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Posted 13 March 2023 - 05:39 AM

2each ES & NQ HEDGE SHORT
ADDED HSI LONG

WILL ADD MORE LONGS BELOW ES 3885 if traded
Note ESM1 is the contract I am trading, rolled last week.

ADDED 1 NQ HEDGE SHORT
WILD!

WILL ADD 1 ES SHORT HEDGE ABOVE 3960 if traded