SiP

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

UBS in talks to acquire Credit Suisse

Is there any chance to follow their trade and buy it, like Politician ETF? Looks like winners.

REIT and office reit are really tanking. like S&P 500 Office REITs lost already 50% of value

Gold, bitcoin being bid up, same for bonds. No love for bank so DJIA is falling, some love for bigtech like google, nvidia so nasdaq is falling the least

because inflation helps government - increase taxes etc. Regular Joe / middle class is the loser.

Everything flies. Just look at Nvidia, based on generative AI hype (open AI, chatGPT etc). New high of present bull run. double the value from october low. where is the crisis? i dont see it. Heard about SVB, some other banks and immediately market is discounting QE, lower yields and rates offered by Fed. Its amazing how fast it's happening and how market actually trained the Fed on how to behave. Speculators are discussing what to buy based new upcoming QE, record inflow to Cathie Arkk. WTF happened to us? ita getting worse and worse.

buy everything

To some sense of scale here, it's perhaps useful to zoom out a bit on Credit Suisse's 1yr CDS The red circles are (from left to right) the 2008 financial crisis, the eurozone sovereign debt crisis and the start of the pandemic

Does will follow HUGE cup and handle pattern?

Fed says its instant-payments service FedNow will launch in July https://www.marketwatch.com/story/fed-says-its-instant-payments-service-fednow-will-launch-in-july-3e764ab

The chairman of the board of Credit Suisse is called Mr. Lehmann. We live in a simulation.

That would send gold, like 10.000? "JP MORGAN: FEDERAL RESERVE’S EMERGENCY LOAN PROGRAM MAY INJECT AS MUCH AS $2 TRILLION OF FUNDS INTO THE US BANKING SYSTEM AND EASE THE LIQUIDITY CRUNCH"

Credit Suisse is taking decisive action to pre-emptively strengthen its liquidity by intending to exercise its option to borrow from the Swiss National Bank (SNB) up to CHF 50 billion under a Covered Loan Facility as well as a short-term liquidity facility, which are fully collateralized by high quality assets," Credit Suisse said in a statement. It pointed to its end-2022 Common Equity Tier 1 capital ratio of 14.1% and average liquidity coverage ratio (LCR) of 144%. The latter had improved to about 150% by March 14, it said.

Credit Suisse secures $54 bln lifeline as authorities rush to avert global bank crisis

- SNB to the rescue - lower yields -> bigtech UP

Rising apple stock and several others stocks suggest to me a flight to liquid assets (maybe from SVB, deposits? Its better to buy apple for 2 mln usd than have this in t-bills.)