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What I see as happening with SVB.....is a HUGE PR and FEAR MONGERING campaign that we are seeing playing out in the media right now. I am already...
This is what I mean: Here’s how the second-biggest bank collapse in U.S. history happened in just 48 hours...
No....I see them as a niche bank that is tied in with the tech industry and the Venture Capital firms. I dont see it as a major event to the...
Off again to a show that will happen tonight. Will be doing the same again tomorrow. ENJOY the weekend all.
A DISMAL week for the markets since they were hit by the dismal FED testimony and the bank panic of 2023. DOW year to date (-3.73%) DOW for...
I have ignored the markets since this morning. Now looking at my account I see that I was in the red today.....DUH. I did have a couple of...
In my view is has to do with being a very speculative, high risk lender to start-up tech companies that fail all the time. It is also a classic...
What we are seeing is typical......banks close and go under....ALL THE TIME. It is not a rare event. That is why we have the FDIC. I suspect...
Today is a lost cause in the markets due to this......"stuff". Whether we close in the green or in the red.....is irrelevant.....we are watching...
To continue.....this is exactly what I mean. This is simply IDIOCY. Yellen says Treasury Department 'carefully' watching crisis at 'a few banks'...
In other words to continue......this is not a REAL crisis.....it is a mass psychosis on the part of the markets and especially the financial...
This bank garbage today is a total tempest in a teapot. A small California bank with ties to Silicone Valley companies gets into...
Some helpful tax tips from the IRS. Twitter users erupt at IRS's calls for thieves to report stolen income: 'Good to know' Some users asked if...
For those that are MASOCHISTS.....here is more jobs data. Payrolls rose 311,000 in February, more than expected, as jobs growth stays hot...
Wishful thinking is not a substitute for business ability. Jay Powell now has another problem: Morning Brief...
Here is the irrelevant economic data today.....that no one will remember or care about a month from now. Jobs report: US economy adds 311,000...
Sorry....I have to zip out of here right now. I have to leave in 10 minutes for a show tonight so I will miss the close. Not that it matters...
All in all what we are seeing today.....a total inability of companies and executives and leaders to evaluate risk and plan for long term business...
Looks like we had the same thought Smokie as the posts above crossed each other.
This certainly did not hep the day today.....as the banks went into panic mode over the failure......or potential failure......of a couple of...
