For the week ended March 10, there were 3 charts with multiple buy signals as of Thursday or Friday. There were 482 multiple sells. It’s…
There is little risk of a crisis in the banking sector, but that does not mean there aren’t badly run banks. QE and Basel III have made the banking sector significantly more liquid and resilient such that a replay of the GFC is very unlikely. However, individual banks under poor management can still be subject […]
The Fed, US Treasury, F-DIC and PPT stepped up to the plate on Sunday to rescue the wildly imprudent big depositors of the Silly Con…
It’s Monday the 13th. Good luck with that.
The Fed and Treasury announced a bank bailout on Sunday in the hopes of forestalling bank run contagion. But while it sounds big and new, it’s really just a few tweaks to the old tried and true discount…
Last week started with investors focused on Jerome Powell’s testimony before Congress and any hints about future monetary policy. During the course of two days of testimony, that was deemed more hawkish than expected, the market priced in another rate hike and pushed out the possibility of a rate cut all the way to January […]
Silicon Valley Bank was shuttered by regulators becoming the largest bank to fail since the height of the Financial Crisis. What happened?
This was supposed to be the regular Composite Liquidity Update, but we have a slightly more pressing problem at hand for the opening of banks…
The next Bull Market will start when everyone has given up on the stock market as the means to “get rich quick” or even “get rich slowly.”
Silicon Valley Bank (SVB) is not Lehman Brothers, but we can make uncomfortable comparisons.
After a string of fires caused by batteries of electric scooters and bicycles, lithium-ion batteries have come under scrutiny once again. The batteries, which power many everyday products such as laptops, phones and cameras, are generally considered sa…