NO...... much safer to take the approach of insurance companies with their index IUL's.Buying what, volatility ETFs? If you’re buying the market when the vix is 17 and selling when it’s 30 you’re likely taking a massive loss LOL
SPX options....
NO...... much safer to take the approach of insurance companies with their index IUL's.Buying what, volatility ETFs? If you’re buying the market when the vix is 17 and selling when it’s 30 you’re likely taking a massive loss LOL
Hey thanks for the feedback guys. (not)Are there still some nice banking gains out there or did I miss the boat. I'm pissed I held onto my Oil stocks too long.
I haven’t checked HYSA rates lately but my MMs are yielding close to 4.5% and I have the ability to put that cash to work in the market at anytime. So, it Gives me a higher rate than a HYSA plus flexibility. And if I need cash I simply do a MM to bank transfer.in terms of yield wouldn’t a money market fund net around the same as a HYSA?
awfulInside the $30 billion rescue of First Republic Bank
An 11-bank plan to save regional lender First Republic began with a brainstorming session between JPM CEO Jamie Dimon, Fed chair Jerome Powell and Treasury secretary Janet Yellen.www.yahoo.com
NVDA going to the moon as well. Both powered by AI.MSFT to 350 within a year a possibility again. Seemed like an impossibility until Chat GPT started writing code…among other things.
What's so awful about it? Seems like a non-government solution to a private sector problem. Only government involvement seems to be helping to coordinate the various entities involved.awful
internally I'm hearing, 'are you kidding me'
I can’t believe everyone is actually falling for this. The whales will be able to get out with gains after all.People loving BTC as the banking system is in crisis:
Bitcoin gains amid growing investor concern over global banking crisis
Bitcoin advanced after a big rally in cryptocurrencies this week as the broader investment world assessed cracks in the banking system in the U.S. and Europe.www.cnbc.com
Just like Peter Thiel and VCs causing the run on SVB and wiping out all shareholders? LOL.I can’t believe everyone is actually falling for this. The whales will be able to get out with gains after all.
🤣Usually smooth and easy Charles Payne goes off
“They keep talking about going after millionaires and billionaires but every chance they get, they save them.”
‘Progressives, Please Listen to Me!’ Fox’s Charles Payne Loses It Over Biden’s Handling of SVB Collapse
Fox Business host Charles Payne did not hold back his frustration on Friday's Outnumbered on Fox News, passionately accusing President Joe Biden of "bailing out billionaires" with his handling of the Silicon Valley Bank failure. Biden and Treasury Secretary Janet Yellen have come forward to...www.mediaite.com
They’re afraid of the trickle down affect and how they will lay off the little people.Usually smooth and easy Charles Payne goes off
“They keep talking about going after millionaires and billionaires but every chance they get, they save them.”
‘Progressives, Please Listen to Me!’ Fox’s Charles Payne Loses It Over Biden’s Handling of SVB Collapse
Fox Business host Charles Payne did not hold back his frustration on Friday's Outnumbered on Fox News, passionately accusing President Joe Biden of "bailing out billionaires" with his handling of the Silicon Valley Bank failure. Biden and Treasury Secretary Janet Yellen have come forward to...www.mediaite.com
Did some modest buying of funds/etfs to maintain allocations. VTV, VIG, VB, VONE, DODGX. Positioned some of our new cash to the appropriate accounts, so this is ready to go whenever the time comes.Financials repricing the new reality. PNC looks good but waiting till the financials stop going down. I guess most of them will cut their dividends. AXP probably a good buy but will probably hit the 52 week low before it bottoms. Some of the industrials coming down fast but were overpriced.
No, but just like Peter Thiel got his money out before SVB went under, the whales will sell before the next BTC sell off.Just like Peter Thiel and VCs causing the run on SVB and wiping out all shareholders? LOL.
Anyone can sell BTC and take profit as they see fit.
They’re whales because they own and hold a shitload of BTC. They don’t dump. Maybe sell a bit every now and thenNo, but just like Peter Thiel got his money out before SVB went under, the whales will sell before the next BTC sell off.
So BTC is just like every other investment option out there? Thanks for the insights! LOL.No, but just like Peter Thiel got his money out before SVB went under, the whales will sell before the next BTC sell off.
Yup, super transparent investment. LOLSo BTC is just like every other investment option out there? Thanks for the insights! LOL.
Govs have tremendous indirect power/influence over banks.They just said no recently, Swiss gov must be giving them a nudge from behind and some guarantees.
UBS is in talks to take over all or part of Credit Suisse, sources tell the Financial Times
UBS is in talks to take over all or part of Credit Suisse, the Financial Times reported, citing multiple people familiar involved in the talks.www.cnbc.com
Some people are saying……..love it. Someone will make money on shorts. Where are the apes for the short squeez."Economists are now estimating that 186 banks may be prone to the same risks as Silicon Valley Bank, per WSJ. This number is likely even higher as the pressures that regional banks are facing are ramping up. The government has put itself in a spot where they must backstop all banks for now. What they did for SVB must be done for everyone until panic subsides. Costly is an understatement."
UBS offers to buy Credit Suisse for up to $1 billion, the Financial Times reports
The deal, which could be signed as early as this evening, values Credit Suisse at around $7 billion less than its market value at Friday's close.www.cnbc.com
No secret that COVID stimulus was always somewhat a Keynesian experiment. Stimulus during the Great Recession due to the Global Financial-fraud Crisis in ‘08 was very modest by comparison and the resulting inflation proved to be transitory by any measure.Midsize US Banks Ask FDIC to Insure Deposits for Two Year
Bloomberg - Are you a robot?
www.bloomberg.com
Warnings were issued long before any Ukraine business:
New York CNN Business —
Larry Summers is urging Washington to tap the brakes on stimulus — or risk unleashing a serious burst of inflation.
“I think policy is rather overdoing it,” Summers said in recorded comments at a CoinDesk conference that were released Wednesday. “The sense of serenity and complacency being projected by the economic policymakers, that this is all something that can easily be managed, is misplaced."
Larry Summers sends stark inflation warning to Joe Biden
Larry Summers sends stark inflation warning to Joe Biden | CNN Business
Larry Summers is urging Washington to tap the brakes on stimulus — or risk unleashing a serious burst of inflation.www.cnn.com
Now talks of a bondholder haircut lolDid you see UBS wants to be able to cancel the deal if the CDS goes above 100? That's a deal killer imo.
Now the swiss gov't is floating the idea of nationalizing the bank. Lots of negotiating left before futures open tonight!
absolute $hitshowNow talks of a bondholder haircut lol
Bloomberg - Are you a robot?
www.bloomberg.com
Glad I left there last year 😅
Saudis put in $3.0 non for 10% 3 months ago. Now whole bank gone for $2.0 blnNice.
They changed the law so they didn't need shareholder approval. LOL.
Saudis put in $3.0 non for 10% 3 months ago. Now whole bank gone for $2.0 bln
Waiting for the market to settle maybe 3,700-3,600 or maybe lower. I got time to wait.They gotta be pissed.
I have a feeling this shit ain't close to over. Regardless of what they announce today.
At this point anyone still long in CS deserves to be caught holding the bagNice.
They changed the law so they didn't need shareholder approval. LOL.