SiP

And here is AMT weekly chart (with 55, 200 EMA). Just look at this multi-year line and that mvg are goin down. If 180 break to the downside then telco towers will lose like 50% of value.

@sandy beach you are correct, BTW I'm the new tech guy (+past EY M&A team) so I could confirm that all digital infrastructure like telecom towers and masts (like American Towers in US (AMT ticker) and Cellnex Telekom in Spain) were sellin at absurd multiplies like 18-25 EBITDA. A lot of telecoms, especially in Europe, were pushed by consultants to sell their core assets at this absurd levels. Many did, but some only created JV and moved their assets to JVs.

Based on the info in the media I understand that CRE was heavily financed by local to mid banks which is also putting pressure on them. We all know that stock prices of CRE ETFs are fallin and many call this the source of crisis.

Green eveywhere, dollar and gold sold. Its all good. Move along. The crisis is gone. Would be like +5% on SPX if FOMC would say that we are done with rates rise.

US officials study ways to expand FDIC coverage to all deposits -Bloomberg News https://www.reuters.com/business/finance/us-officials-study-ways-expand-fdic-coverage-all-deposits-bloomberg-news-2023-03-21/ MaybI remind you that e.g. In Cyprus and several other European countries like Greece during the crisis they cut uninsured deposit. Will they kill capitalism in US? Thats gona be another example that rules and capitalism are for suckers.

FHLB Issues $304 Billion in a Week as Banks Boost Liquidity surpassing the system’s lending during the 2008 financial crisis. https://ca.finance.yahoo.com/news/fhlb-issues-304-billion-one-185755241.html

It was a positive day in europe. Red open with bank lower even 5% and we closed green, also on banks.

96% of crypto coins are crap, but bitcoin is not since its just finite asset like gold. BTC, like gold, cant be used for transaction so its not feasible to use it in daily life activities. It just cost to much and its better to use other tools like fiat money and credit/debit cards. Bitcoin should have value as long as people see it as a store of value. And it looks like that's exactly what it is. Others crypto, especially those tokens release by somebody, celebrities are just a crap. I also see space for some fluid crypto, maybe like ETH, to take center stage as a tool to handle daily life transactions. but thats it. nothing more.

In march 2020 that the bottom? ctrl+c, ctrl+v

https://twitter.com/KobeissiLetter/status/1637153369834807299?t=9DYl4zJr6GCXUGLUSl4vdg&s=19

Flashback from 2013 https://www.federalreserve.gov/newsevents/pressreleases/monetary20131031a.htm

The Bank of Canada, the Bank of England, the Bank of Japan, the European Central Bank, the Federal Reserve, and the Swiss National Bank are today announcing a coordinated action to enhance the provision of liquidity via the standing U.S. dollar liquidity swap line arrangements. To improve the swap lines' effectiveness in providing U.S. dollar funding, the central banks currently offering U.S. dollar operations have agreed to increase the frequency of 7-day maturity operations from weekly to daily. These daily operations will commence on Monday, March 20, 2023, and will continue at least through the end of April. The network of swap lines among these central banks is a set of available standing facilities and serve as an important liquidity backstop to ease strains in global funding markets, thereby helping to mitigate the effects of such strains on the supply of credit to households and businesses.The Bank of Canada, the Bank of England, the Bank of Japan, the European Central Bank, the Federal Reserve, and the Swiss National Bank are today announcing a coordinated action to enhance the provision of liquidity via the standing U.S. dollar liquidity swap line arrangements. To improve the swap lines' effectiveness in providing U.S. dollar funding, the central banks currently offering U.S. dollar operations have agreed to increase the frequency of 7-day maturity operations from weekly to daily. These daily operations will commence on Monday, March 20, 2023, and will continue at least through the end of April. The network of swap lines among these central banks is a set of available standing facilities and serve as an important liquidity backstop to ease strains in global funding markets, thereby helping to mitigate the effects of such strains on the supply of credit to households and businesses. https://www.federalreserve.gov/newsevents/pressreleases/monetary20230319a.htm

History doesn't repeat itself, but it often rhymes https://en.m.wikipedia.org/wiki/Savings_and_loan_crisis

correct! Too much drinks yesterday

is it normal that they do this on weekend? like 17th march was Saturday